Heritage Global (HGBL) Short Interest Ratio & Short Volume

Short interest is the volume of Heritage Global shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 29,800 shares of HGBL short. 0.10% of Heritage Global's shares are currently sold short. Learn More on Heritage Global's 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. 0.10% of Heritage Global's floating shares are currently sold short.

Heritage Global saw a decrease in short interest in April. As of April 30th, there was short interest totaling 29,800 shares, a decrease of 24.9% from the previous total of 39,700 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.

Heritage Global currently has issued a total of 37,341,000 shares. Some of Heritage Global's 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. Heritage Global currently has a public float of 30,950,000 shares.

0.10% of Heritage Global's shares are currently sold short. Here is how the short interest of companies compare to Heritage Global: Steel Connect, Inc. (0.17%), MoneyHero Limited (5.14%), Nicholas Financial, Inc. (3.95%), Abrdn Japan Equity Fund Inc (0.08%), Rhinebeck Bancorp, Inc. (0.51%), Riverview Bancorp, Inc. (0.19%), Nuveen California Select Tax-Free Income Portfolio (0.27%), Provident Financial Holdings, Inc. (0.62%), HMN Financial, Inc. (0.12%), SR Bancorp, Inc. (0.52%),

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 HGBL is an investing strategy that aims to generate trading profit from Heritage Global as its price is falling. HGBL shares are trading up $0.10 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 Heritage Global 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 HGBL, 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 HGBL, twice per month. The most recent reporting period available is April, 30 2024.