China XD Plastics Short Interest Ratio and Short Volume

Short interest is the volume of China XD Plastics shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 35,700 shares of CXDC short. 0.19% of China XD Plastics' shares are currently sold short. Learn More on China XD Plastics' current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of China XD Plastics: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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 XD Plastics' floating shares are currently sold short.

China XD Plastics saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 35,700 shares, a drop of 94.1% from the previous total of 608,900 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.

China XD Plastics currently has issued a total of 70,549,000 shares. Some of China XD Plastics' 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 XD Plastics currently has a public float of 18,670,000 shares.

0.19% of China XD Plastics' shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to China XD Plastics: American Resources Co. (4.06%), NextSource Materials Inc. (0.00%), Trevali Mining Co. (0.00%), AgroFresh Solutions, Inc. (1.62%), Dundee Co. (0.00%), Western Uranium & Vanadium Corp. (0.00%), Hycroft Mining Holding Co. (2.10%), Vista Gold Corp. (0.00%), United States Antimony Co. (3.42%), and Avino Silver & Gold Mines Ltd. (1.39%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling CXDC is an investing strategy that aims to generate trading profit from China XD Plastics as its price is falling. China XD Plastics' stock is trading up $0.00 today. To short China XD Plastics 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 China XD Plastics 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 XD Plastics 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 CXDC, 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 CXDC, twice per month. The most recent reporting period available is August, 31 2021.