China Internet Nationwide Fncl Srvcs (CIFS) Short Interest Ratio & Short Volume

Short interest is the volume of China Internet Nationwide Fncl Srvcs shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 14,400 shares of CIFS short. 0.19% of China Internet Nationwide Fncl Srvcs' shares are currently sold short. Learn More on China Internet Nationwide Fncl Srvcs' current short interest.

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. 0.19% of China Internet Nationwide Fncl Srvcs' floating shares are currently sold short.

China Internet Nationwide Fncl Srvcs saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 14,400 shares, an increase of 29.7% from the previous total of 11,100 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.

China Internet Nationwide Fncl Srvcs currently has issued a total of 22,110,000 shares. Some of China Internet Nationwide Fncl Srvcs' 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. China Internet Nationwide Fncl Srvcs currently has a public float of 7,570,000 shares.

0.19% of China Internet Nationwide Fncl Srvcs' shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to China Internet Nationwide Fncl Srvcs: Lichen China Limited (1.00%), Roma Green Finance Limited (0.73%), Top KingWin Ltd (0.58%), Generation Income Properties, Inc. (0.67%), Beneficient (0.50%), Gyrodyne, LLC (0.37%), Mill City Ventures III, Ltd. (0.69%), The Herzfeld Caribbean Basin Fund Inc. (0.36%), Greenidge Generation Holdings Inc. (9.12%), BTCS Inc. (1.59%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AbbVie Inc. ($7.01 billion), Charter Communications, Inc. ($4.31 billion), Match Group, Inc. ($2.95 billion), The Charles Schwab Co. ($2.81 billion), Tesla, Inc. ($2.69 billion), Microchip Technology Incorporated ($2.59 billion), Wayfair Inc. ($2.19 billion), Snap Inc. ($1.99 billion), The Clorox Company ($1.97 billion), and International Flavors & Fragrances Inc. ($1.92 billion). View all of the most shorted stocks.

Short selling CIFS is an investing strategy that aims to generate trading profit from China Internet Nationwide Fncl Srvcs as its price is falling. CIFS shares are trading up $0.07 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 China Internet Nationwide Fncl Srvcs 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 CIFS, 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 CIFS, twice per month. The most recent reporting period available is April, 30 2020.