Houston Wire & Cable (HWCC) Short Interest Ratio & Short Volume

Short interest is the volume of Houston Wire & Cable shares that have been sold short but have not yet been closed out or covered. As of May 28th, investors have sold 96,200 shares of HWCC short. 0.62% of Houston Wire & Cable's shares are currently sold short. Learn More on Houston Wire & Cable'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. 0.62% of Houston Wire & Cable's floating shares are currently sold short.

Houston Wire & Cable saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 96,200 shares, a drop of 1.4% from the previous total of 97,600 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.

Houston Wire & Cable currently has issued a total of 16,883,000 shares. Some of Houston Wire & Cable'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. Houston Wire & Cable currently has a public float of 15,480,000 shares.

0.62% of Houston Wire & Cable's shares are currently sold short. Here is how the short interest of companies compare to Houston Wire & Cable: Shimmick Co. (2.05%), Shengfeng Development Limited (8.27%), FreightCar America, Inc. (1.51%), Manitex International, Inc. (1.23%), Innovative Solutions and Support, Inc. (0.19%), ARC Document Solutions, Inc. (0.25%), Aqua Metals, Inc. (3.48%), TechPrecision Co. (0.01%), Ampco-Pittsburgh Co. (3.66%), HireRight Holdings Co. (1.83%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($8.35 billion), AstraZeneca PLC ($7.50 billion), Aon plc ($7.09 billion), Block, Inc. ($6.95 billion), Analog Devices, Inc. ($6.90 billion), Advanced Micro Devices, Inc. ($6.79 billion), Charter Communications, Inc. ($6.18 billion), S&P Global Inc. ($5.54 billion), Sea Limited ($4.96 billion), and Wayfair Inc. ($4.25 billion). View all of the most shorted stocks.

Short selling HWCC is an investing strategy that aims to generate trading profit from Houston Wire & Cable 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 Houston Wire & Cable 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 HWCC, 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 HWCC, twice per month. The most recent reporting period available is May, 28 2021.