Nidec (NJDCY) Short Interest Ratio & Short Volume

Short interest is the volume of Nidec shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 61,700 shares of NJDCY short. Learn More on Nidec's current short interest.

Nidec saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 61,700 shares, a decrease of 28.2% from the previous total of 85,900 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 "computer and technology" compare to Nidec: Generac Holdings Inc. (5.47%), Zscaler, Inc. (4.74%), Splunk Inc. (3.14%), Mettler-Toledo International Inc. (1.64%), Keysight Technologies, Inc. (2.03%), MongoDB, Inc. (6.33%), Fortive Co. (0.84%), HP Inc. (2.04%), FUJIFILM Holdings Co. (0.01%), Cloudflare, Inc. (2.93%),

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 NJDCY is an investing strategy that aims to generate trading profit from Nidec as its price is falling. NJDCY shares are trading up $0.16 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 Nidec 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 NJDCY, 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 NJDCY, twice per month. The most recent reporting period available is April, 30 2024.