ESGL (ESGL) Short Interest Ratio & Short Volume

Short interest is the volume of ESGL shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 200 shares of ESGL short. Learn More on ESGL's current short interest.

ESGL saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 200 shares, a decline of 92.0% from the previous total of 2,500 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.

ESGL currently has issued a total of 8,020,000 shares. Some of ESGL'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. ESGL currently has a public float of 4,610,000 shares.

Here is how the short interest of companies in the sector of "business services" compare to ESGL: SOBR Safe, Inc. (0.42%), RiskOn International, Inc. (2.68%), Society Pass Incorporated (0.41%), Color Star Technology Co., Ltd. (3.37%), Mobiquity Technologies, Inc. (44.16%), Medigus Ltd. (0.25%), KWESST Micro Systems Inc. (0.91%), Quhuo Limited (0.56%), EZGO Technologies Ltd. (0.29%), Baijiayun Group Ltd (0.69%),

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