TechnoPro (TCCPY) Short Interest Ratio & Short Volume

Short interest is the volume of TechnoPro shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 128,500 shares of TCCPY short. Learn More on TechnoPro's current short interest.

TechnoPro saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 128,500 shares, an increase of 13.4% from the previous total of 113,300 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 "industrials" compare to TechnoPro: HireRight Holdings Co. (1.85%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling TCCPY is an investing strategy that aims to generate trading profit from TechnoPro as its price is falling. TCCPY shares are trading up $0.06 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 TechnoPro 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 TCCPY, 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 TCCPY, twice per month. The most recent reporting period available is May, 15 2024.