The Herzfeld Caribbean Basin Fund (CUBA) Short Interest Ratio & Short Volume

Short interest is the volume of The Herzfeld Caribbean Basin Fund shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 25,500 shares of CUBA short. Learn More on The Herzfeld Caribbean Basin Fund's current short interest.

The Herzfeld Caribbean Basin Fund saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 25,500 shares, a decline of 92.0% from the previous total of 318,400 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 "finance" compare to The Herzfeld Caribbean Basin Fund: Nuveen Missouri Quality Municipal Income Fund (0.80%), MFS Intermediate High Income Fund (0.10%), MFS Special Value Trust (3.44%), The European Equity Fund, Inc. (0.00%), The Central and Eastern Europe Fund, Inc. (0.03%), The Gabelli Convertible and Income Securities Fund Inc. (0.16%), Mill City Ventures III, Ltd. (0.69%), Greenidge Generation Holdings Inc. (9.12%), Gyrodyne, LLC (0.37%), Top KingWin Ltd (0.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling CUBA is an investing strategy that aims to generate trading profit from The Herzfeld Caribbean Basin Fund as its price is falling. CUBA shares are trading down $0.01 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 The Herzfeld Caribbean Basin Fund 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 CUBA, 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 CUBA, twice per month. The most recent reporting period available is March, 31 2024.