Spirax-Sarco Engineering (SPXSY) Short Interest Ratio & Short Volume

Short interest is the volume of Spirax-Sarco Engineering shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 13,500 shares of SPXSY short. Learn More on Spirax-Sarco Engineering's current short interest.

Spirax-Sarco Engineering saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 13,500 shares, an increase of 255.3% from the previous total of 3,800 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 Spirax-Sarco Engineering: Techtronic Industries Company Limited (0.04%), Compagnie Générale des Établissements Michelin Société en commandite par actions (0.01%), Heidelberg Materials AG (0.00%), Nippon Steel Co. (0.00%), Associated British Foods plc (0.00%), Ajinomoto Co., Inc. (0.00%), Central Japan Railway (0.00%), Commerzbank AG (0.00%), Kerry Group plc (0.01%), Bank Hapoalim B.M. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling SPXSY is an investing strategy that aims to generate trading profit from Spirax-Sarco Engineering as its price is falling. SPXSY shares are trading down $0.54 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 Spirax-Sarco Engineering 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 SPXSY, 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 SPXSY, twice per month. The most recent reporting period available is October, 31 2024.