Cineverse (CNVS) Short Interest Ratio & Short Volume

Short interest is the volume of Cineverse shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 258,900 shares of CNVS short. Learn More on Cineverse's current short interest.

Cineverse saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 258,900 shares, a drop of 15.6% from the previous total of 306,900 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 "consumer discretionary" compare to Cineverse: Brera Holdings PLC (5.48%), HWH International Inc. (5.37%), SRM Entertainment, Inc. (2.95%), Sound Group Inc. (0.40%), Fujian Blue Hat Interactive Entertainment Technology Ltd. (0.42%), Golden Heaven Group Holdings Ltd. (7.58%), Barnes & Noble Education, Inc. (3.86%), Chanson International Holding (0.01%), EpicQuest Education Group International Limited (0.06%), Four Seasons Education (Cayman) Inc. (0.08%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling CNVS is an investing strategy that aims to generate trading profit from Cineverse as its price is falling. CNVS shares are trading up $0.02 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 Cineverse 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 CNVS, 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 CNVS, twice per month. The most recent reporting period available is April, 15 2024.