EuroDry (EDRY) Short Interest Ratio & Short Volume

Short interest is the volume of EuroDry shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 300 shares of EDRY short. 0.02% of EuroDry's shares are currently sold short. Learn More on EuroDry'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. 0.02% of EuroDry's floating shares are currently sold short.

EuroDry saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 300 shares, an increase of 50.0% from the previous total of 200 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.

EuroDry currently has issued a total of 2,836,000 shares. Some of EuroDry'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. EuroDry currently has a public float of 1,350,000 shares.

0.02% of EuroDry's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to EuroDry: Odyssey Marine Exploration, Inc. (6.96%), United Maritime Co. (1.48%), KNOT Offshore Partners LP (0.10%), Top Ships Inc. (2.00%), FreightCar America, Inc. (1.18%), Shengfeng Development Limited (6.91%), Pyxis Tankers Inc. (1.33%), Air T, Inc. (0.74%), Toro Corp. (0.47%), BEST Inc. (0.28%),

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 EDRY is an investing strategy that aims to generate trading profit from EuroDry as its price is falling. EDRY shares are trading down $0.30 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 EuroDry 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 EDRY, 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 EDRY, twice per month. The most recent reporting period available is April, 15 2024.