Hengan International Group (HEGIY) Short Interest Ratio & Short Volume

Short interest is the volume of Hengan International Group shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 22,200 shares of HEGIY short. Learn More on Hengan International 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. HEGIY shares currently have a short interest ratio of 1.0. Learn More on Hengan International Group's short interest ratio.

Hengan International Group saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 22,200 shares, an increase of 2,366.7% from the previous total of 900 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 sector of "consumer discretionary" compare to Hengan International Group: Dunelm Group plc (0.00%), Shangri-La Asia Limited (0.00%), SJM Holdings Limited (0.55%), Howden Joinery Group Plc (0.00%), Avolta AG (0.00%), B&M European Value Retail S.A. (0.00%), Melco International Development Limited (0.12%), Shimano Inc. (0.01%), Grand Canyon Education, Inc. (1.45%), Academy Sports and Outdoors, Inc. (6.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling HEGIY is an investing strategy that aims to generate trading profit from Hengan International Group as its price is falling. HEGIY shares are trading up $0.03 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 Hengan International 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 HEGIY, 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 HEGIY, twice per month. The most recent reporting period available is April, 30 2024.