UMeWorld (UMEWF) Short Interest Ratio & Short Volume

Short interest is the volume of UMeWorld shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 100 shares of UMEWF short. Learn More on UMeWorld's current short interest.

Here is how the short interest of companies in the industry of "computer software" compare to UMeWorld: CoreCard Co. (3.76%), CSP Inc. (2.05%), WM Technology, Inc. (2.12%), eGain Co. (1.58%), Skillsoft Corp. (3.26%), SoundThinking, Inc. (1.88%), iLearningEngines, Inc. (3.02%), Rego Payment Architectures, Inc. (0.33%), Innovative Solutions and Support, Inc. (0.28%), Xunlei Limited (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling UMEWF is an investing strategy that aims to generate trading profit from UMeWorld 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 UMeWorld 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 UMEWF, 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 UMEWF, twice per month. The most recent reporting period available is August, 15 2024.