Cuentas (CUEN) Short Interest Ratio & Short Volume

Short interest is the volume of Cuentas shares that have been sold short but have not yet been covered or closed out. As of December 15th, investors have sold 32,000 shares of CUEN short. 1.58% of Cuentas' shares are currently sold short. Learn More on Cuentas' current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.58% of Cuentas' floating shares are currently sold short.

Cuentas saw a decrease in short interest in December. As of December 15th, there was short interest totaling 32,000 shares, a decrease of 61.6% from the previous total of 83,400 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.

Cuentas currently has issued a total of 2,730,000 shares. Some of Cuentas' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Cuentas currently has a public float of 2,030,000 shares.

1.58% of Cuentas' shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to Cuentas: X3 Holdings Co Ltd. (10.37%), SMX (Security Matters) Public Limited (4.30%), Movella Holdings Inc. (2.14%), SaverOne 2014 Ltd (6.14%), E-Home Household Service Holdings Limited (3.23%), Nukkleus Inc. (8.46%), AERWINS Technologies Inc. (2.39%), Peraso Inc. (4.92%), Staffing 360 Solutions, Inc. (1.04%), Recruiter.com Group, Inc. (1.94%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($4.67 billion), General Motors ($4.33 billion), T-Mobile US, Inc. ($4.30 billion), Charter Communications, Inc. ($3.12 billion), Coinbase Global, Inc. ($3.12 billion), Occidental Petroleum Co. ($2.94 billion), Tractor Supply ($2.71 billion), Rivian Automotive, Inc. ($2.32 billion), United Rentals, Inc. ($2.22 billion), and Royal Caribbean Cruises Ltd. ($2.04 billion). View all of the most shorted stocks.

Short selling CUEN is an investing strategy that aims to generate trading profit from Cuentas 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 Cuentas 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 CUEN, 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 CUEN, twice per month. The most recent reporting period available is December, 15 2023.