OFS Credit (OCCI) Short Interest Ratio & Short Volume

Short interest is the volume of OFS Credit shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 54,200 shares of OCCI short. Learn More on OFS Credit's current short interest.

OFS Credit saw a decrease in short interest in April. As of April 30th, there was short interest totaling 54,200 shares, a decrease of 8.0% from the previous total of 58,900 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 "finance" compare to OFS Credit: Argo Blockchain plc (1.41%), TOP Financial Group Limited (12.57%), DTF Tax-Free Income 2028 Term Fund Inc. (0.04%), Rhinebeck Bancorp, Inc. (0.51%), Cullman Bancorp, Inc. (0.09%), Abrdn Japan Equity Fund Inc (0.08%), HMN Financial, Inc. (0.12%), Nuveen California Select Tax-Free Income Portfolio (0.27%), Magyar Bancorp, Inc. (0.06%), Riverview Bancorp, Inc. (0.19%),

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 OCCI is an investing strategy that aims to generate trading profit from OFS Credit as its price is falling. OCCI shares are trading down $0.01 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 OFS Credit 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 OCCI, 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 OCCI, twice per month. The most recent reporting period available is April, 30 2024.