Sparta Commercial Services (SRCO) Short Interest Ratio & Short Volume

Short interest is the volume of Sparta Commercial Services shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 23,800 shares of SRCO short. Learn More on Sparta Commercial Services' current short interest.

Sparta Commercial Services saw a increase in short interest in December. As of December 31st, there was short interest totaling 23,800 shares, an increase of 2,063.6% from the previous total of 1,100 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 "business services" compare to Sparta Commercial Services: Direct Digital Holdings, Inc. (6.73%), Wilhelmina International, Inc. (0.55%), Guardforce AI Co., Limited (7.86%), RESAAS Services Inc. (0.06%), Millennium Group International Holdings Limited (12.50%), Altisource Portfolio Solutions S.A. (7.50%), MOGU Inc. (0.05%), Paltalk, Inc. (0.43%), Next Technology Holding Inc. (0.84%), Lytus Technologies Holdings PTV. Ltd. (19.96%),

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 SRCO is an investing strategy that aims to generate trading profit from Sparta Commercial Services as its price is falling. SRCO shares are trading down $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 Sparta Commercial Services 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 SRCO, 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 SRCO, twice per month. The most recent reporting period available is December, 31 2024.