Ever-Glory International Group - EVK Short Interest Ratio & Short Volume

Short interest is the volume of Ever-Glory International Group shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 6,100 shares of EVK short. 0.15% of Ever-Glory International Group's shares are currently sold short. Learn More on Ever-Glory International Group'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. 0.15% of Ever-Glory International Group's floating shares are currently sold short.

Ever-Glory International Group saw a decline in short interest during the month of November. As of November 30th, there was short interest totaling 6,100 shares, a decline of 16.4% from the previous total of 7,300 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.

Ever-Glory International Group currently has issued a total of 14,656,000 shares. Some of Ever-Glory International Group'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. Ever-Glory International Group currently has a public float of 3,980,000 shares.

0.15% of Ever-Glory International Group's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer discretionary" compare to Ever-Glory International Group: Nova LifeStyle, Inc. (1.88%), Fujian Blue Hat Interactive Entertainment Technology Ltd. (2.66%), Liquid Media Group Ltd. (2.01%), Meten Holding Group Ltd. (4.63%), Esports Entertainment Group, Inc. (131.75%), The Singing Machine Company, Inc. (17.56%), Connexa Sports Technologies Inc. (1.55%), NextPlay Technologies, Inc. (0.53%), SharpLink Gaming Ltd. (0.50%), and Safe & Green Holdings Corp. (2.85%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.93 billion), Suncor Energy Inc. ($3.50 billion), T. Rowe Price Group, Inc. ($2.29 billion), PG&E Co. ($1.73 billion), Coinbase Global, Inc. ($1.71 billion), Etsy, Inc. ($1.65 billion), Paramount Global ($1.54 billion), Lucid Group, Inc. ($1.50 billion), Old Dominion Freight Line, Inc. ($1.46 billion), and DICK'S Sporting Goods, Inc. ($1.41 billion). View all of the most shorted stocks.

Short selling EVK is an investing strategy that aims to generate trading profit from Ever-Glory International Group 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 Ever-Glory International Group 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 EVK, 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 EVK, twice per month. The most recent reporting period available is November, 30 2022.