The Herzfeld Caribbean Basin Fund (CUBA) Short Interest Ratio & Short Volume

Short interest is the volume of The Herzfeld Caribbean Basin Fund shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 14,200 shares of CUBA short. Learn More on The Herzfeld Caribbean Basin Fund's current short interest.

The Herzfeld Caribbean Basin Fund saw a drop in short interest in April. As of April 15th, there was short interest totaling 14,200 shares, a drop of 44.3% from the previous total of 25,500 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 "finance" compare to The Herzfeld Caribbean Basin Fund: Nuveen Missouri Quality Municipal Income Fund (0.80%), MFS Intermediate High Income Fund (0.05%), MFS Special Value Trust (3.44%), The European Equity Fund, Inc. (0.02%), The Central and Eastern Europe Fund, Inc. (0.01%), The Gabelli Convertible and Income Securities Fund Inc. (0.07%), Gyrodyne, LLC (0.67%), Beneficient (2.93%), Top KingWin Ltd (0.41%), Mill City Ventures III, Ltd. (0.66%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling CUBA is an investing strategy that aims to generate trading profit from The Herzfeld Caribbean Basin Fund as its price is falling. CUBA 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 The Herzfeld Caribbean Basin Fund 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 CUBA, 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 CUBA, twice per month. The most recent reporting period available is April, 15 2024.