Aegion (AEGN) Short Interest Ratio & Short Volume

Short interest is the volume of Aegion shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 616,700 shares of AEGN short. 2.07% of Aegion's shares are currently sold short. Learn More on Aegion's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. AEGN shares currently have a short interest ratio of 2.0. Learn More on Aegion's short interest ratio.

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. 2.07% of Aegion's floating shares are currently sold short.

Aegion saw a increase in short interest in April. As of April 30th, there was short interest totaling 616,700 shares, an increase of 23.7% from the previous total of 498,600 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.

Aegion currently has issued a total of 30,760,000 shares. Some of Aegion'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. Aegion currently has a public float of 29,830,000 shares.

2.07% of Aegion's shares are currently sold short. Here is how the short interest of companies compare to Aegion: Preformed Line Products (1.61%), BlueLinx Holdings Inc. (2.53%), Beazer Homes USA, Inc. (3.28%), Hovnanian Enterprises, Inc. (3.34%), Argan, Inc. (0.54%), Loma Negra Compañía Industrial Argentina Sociedad Anónima (0.29%), Tutor Perini Co. (3.12%), Aspen Aerogels, Inc. (5.98%), Quanex Building Products Co. (1.86%), VSE Co. (3.78%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($6.19 billion), Charter Communications, Inc. ($5.76 billion), Analog Devices, Inc. ($5.70 billion), S&P Global Inc. ($5.03 billion), Airbnb, Inc. ($4.01 billion), Snap Inc. ($3.54 billion), Nuance Communications, Inc. ($2.72 billion), Expedia Group, Inc. ($2.31 billion), The Kroger Co. ($2.25 billion), and GameStop Corp. ($2.05 billion). View all of the most shorted stocks.

Short selling AEGN is an investing strategy that aims to generate trading profit from Aegion 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 Aegion 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 AEGN, 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 AEGN, twice per month. The most recent reporting period available is April, 30 2021.