Edison Nation (EDNT) Short Interest Ratio & Short Volume

Short interest is the volume of Edison Nation shares that have been sold short but have not yet been closed out or covered. As of October 30th, investors have sold 7,300 shares of EDNT short. 0.13% of Edison Nation's shares are currently sold short. Learn More on Edison Nation's 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. 0.13% of Edison Nation's floating shares are currently sold short.

Edison Nation saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 7,300 shares, an increase of 37.7% from the previous total of 5,300 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.

Edison Nation currently has issued a total of 11,713,000 shares. Some of Edison Nation'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. Edison Nation currently has a public float of 5,450,000 shares.

0.13% of Edison Nation's shares are currently sold short. Here is how the short interest of companies in the sector of "industrials" compare to Edison Nation: Energy Services of America Co. (0.90%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.15 billion), Aon plc ($3.50 billion), Snap Inc. ($3.18 billion), Analog Devices, Inc. ($2.90 billion), The Clorox Company ($2.87 billion), Uber Technologies, Inc. ($2.01 billion), The Kroger Co. ($1.86 billion), International Flavors & Fragrances Inc. ($1.80 billion), Moderna, Inc. ($1.80 billion), and Simon Property Group, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling EDNT is an investing strategy that aims to generate trading profit from Edison Nation as its price is falling. 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 Edison Nation 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 EDNT, 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 EDNT, twice per month. The most recent reporting period available is October, 30 2020.