Shanghai Electric Group (SIELY) Short Interest Ratio & Short Volume

Short interest is the volume of Shanghai Electric Group shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 1,900 shares of SIELY short. Learn More on Shanghai Electric Group'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. SIELY shares currently have a short interest ratio of 19.0. Learn More on Shanghai Electric Group's short interest ratio.

Shanghai Electric Group saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,900 shares, an increase of 11.8% from the previous total of 1,700 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 "personal services" compare to Shanghai Electric Group: Nippon Steel Co. (0.00%), Ajinomoto Co., Inc. (0.00%), Commerzbank AG (0.00%), Associated British Foods plc (0.01%), Central Japan Railway (0.00%), Kerry Group plc (0.01%), The Sage Group plc (0.00%), Bank Hapoalim B.M. (0.00%), Power Assets Holdings Limited (0.00%), Continental Aktiengesellschaft (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling SIELY is an investing strategy that aims to generate trading profit from Shanghai Electric Group as its price is falling. SIELY shares are trading up $0.02 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 Shanghai Electric Group 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 SIELY, 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 SIELY, twice per month. The most recent reporting period available is December, 31 2024.