Code Chain New Continent Short Interest Ratio and Short Volume

Code Chain New Continent (NASDAQ:CCNC) Short Interest Frequently Asked Questions

What is Code Chain New Continent's current short interest?

Short interest is the volume of Code Chain New Continent shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 255,400 shares of CCNC short. 1.08% of Code Chain New Continent's shares are currently sold short. Learn More on Code Chain New Continent's current short interest.

What is a good short interest percentage for Code Chain New Continent?

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. 1.08% of Code Chain New Continent's floating shares are currently sold short.

Is Code Chain New Continent's short interest increasing or decreasing?

Code Chain New Continent saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 255,400 shares, a decrease of 47.0% from the previous total of 481,700 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.

What is Code Chain New Continent's float size?

Code Chain New Continent currently has issued a total of 46,077,000 shares. Some of Code Chain New Continent'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. Code Chain New Continent currently has a public float of 23,740,000 shares.

How does Code Chain New Continent's short interest compare to its competitors?

1.08% of Code Chain New Continent's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to Code Chain New Continent: Build Acquisition Corp. (0.01%), KLDiscovery Inc. (0.00%), Vasta Platform Limited (0.00%), Cinedigm Corp. (3.23%), FingerMotion, Inc. (0.00%), Acacia Research Co. (1.65%), Quarterhill Inc. (0.00%), IBEX Limited (0.74%), MariMed Inc. (0.00%), and Black Diamond Group Limited (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Code Chain New Continent stock?

Short selling CCNC is an investing strategy that aims to generate trading profit from Code Chain New Continent as its price is falling. Code Chain New Continent's stock is trading up $0.17 today. To short Code Chain New Continent 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 Code Chain New Continent 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.

How does a short squeeze work against Code Chain New Continent?

A short squeeze for Code Chain New Continent 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 CCNC, which in turn drives the price of the stock up even further.

How often is Code Chain New Continent's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CCNC, twice per month. The most recent reporting period available is November, 15 2021.