Sun Hung Kai & Co. Limited (SHGKY) Short Interest Ratio & Short Volume

Short interest is the volume of Sun Hung Kai & Co. Limited shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 200 shares of SHGKY short. Learn More on Sun Hung Kai & Co. Limited's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. SHGKY shares currently have a short interest ratio of 2.0. Learn More on Sun Hung Kai & Co. Limited's short interest ratio.

Here is how the short interest of companies compare to Sun Hung Kai & Co. Limited: Encore Capital Group, Inc. (6.52%), PRA Group, Inc. (1.25%), Palmer Square Capital BDC Inc. (0.13%), Plumas Bancorp (0.31%), Eightco Holdings Inc. (5.01%), Medical Properties Trust, Inc. (44.58%), TowneBank (1.13%), GCM Grosvenor Inc. (14.46%), Banc of California, Inc. (6.42%), Adams Diversified Equity Fund, Inc. (0.53%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.18 billion), Charter Communications, Inc. ($3.91 billion), Reddit, Inc. ($3.16 billion), The Kroger Co. ($2.75 billion), International Paper ($2.57 billion), Cencora, Inc. ($2.06 billion), SoFi Technologies, Inc. ($2.06 billion), Rivian Automotive, Inc. ($2.00 billion), Live Nation Entertainment, Inc. ($1.63 billion), and Hims & Hers Health, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling SHGKY is an investing strategy that aims to generate trading profit from Sun Hung Kai & Co. Limited 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 Sun Hung Kai & Co. Limited occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of SHGKY, 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 SHGKY, twice per month. The most recent reporting period available is January, 15 2025.