Scientific Industries (SCND) Short Interest Ratio & Short Volume

Short interest is the volume of Scientific Industries shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 300 shares of SCND short. Learn More on Scientific Industries' current short interest.

Here is how the short interest of companies in the industry of "measuring and control equipment" compare to Scientific Industries: Know Labs, Inc. (1.65%), Data I/O Co. (0.20%), Bionano Genomics, Inc. (10.32%), International Isotopes Inc. (0.00%), Astrotech Co. (0.34%), Precipio, Inc. (0.70%), Talis Biomedical Co. (1.20%), Telesis Bio, Inc. (5.67%), Spectaire Holdings Inc. (3.50%), Telkonet, Inc. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling SCND is an investing strategy that aims to generate trading profit from Scientific Industries as its price is falling. SCND shares are trading down $0.15 today. 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 Scientific Industries 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 SCND, 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 SCND, twice per month. The most recent reporting period available is July, 31 2024.