Nightfood (NGTF) Short Interest Ratio & Short Volume

Short interest is the volume of Nightfood shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 25,000 shares of NGTF short. Learn More on Nightfood's current short interest.

Nightfood saw a drop in short interest in the month of September. As of September 30th, there was short interest totaling 25,000 shares, a drop of 19.9% from the previous total of 31,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "food products" compare to Nightfood: Bridgford Foods Co. (0.50%), Coffee Holding Co., Inc. (0.32%), Nestlé S.A. (0.00%), The Kraft Heinz Company (3.14%), Lamb Weston Holdings, Inc. (5.23%), BellRing Brands, Inc. (1.30%), Freshpet, Inc. (10.34%), Brf S.A. (0.40%), Nomad Foods Limited (1.28%), and Utz Brands, Inc. (10.05%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.04 billion), AppLovin Co. ($2.69 billion), Nu Holdings Ltd. ($2.64 billion), Paychex, Inc. ($2.61 billion), Cencora, Inc. ($2.30 billion), Aptiv PLC ($2.09 billion), Moderna, Inc. ($2.09 billion), Tractor Supply ($2.04 billion), Coinbase Global, Inc. ($1.97 billion), and International Paper ($1.95 billion). View all of the most shorted stocks.

Short selling NGTF is an investing strategy that aims to generate trading profit from Nightfood as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Nightfood occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of NGTF, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NGTF, twice per month. The most recent reporting period available is September, 30 2024.