Naked Brand Group (NAKD) Short Interest Ratio & Short Volume

Short interest is the volume of Naked Brand Group shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 2,020,000 shares of NAKD short. 3.34% of Naked Brand Group's shares are currently sold short. Learn More on Naked Brand 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. 3.34% of Naked Brand Group's floating shares are currently sold short.

Naked Brand Group saw a increase in short interest in December. As of December 31st, there was short interest totaling 2,020,000 shares, an increase of 184.1% from the previous total of 710,900 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.

Naked Brand Group currently has issued a total of 60,468,000 shares. Some of Naked Brand 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. Naked Brand Group currently has a public float of 60,520,000 shares.

3.34% of Naked Brand Group's shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Naked Brand Group: Niu Technologies (1.41%), Aeva Technologies, Inc. (3.81%), Hyzon Motors Inc. (8.01%), Innoviz Technologies Ltd. (8.37%), Motorcar Parts of America, Inc. (3.11%), Canoo Inc. (23.31%), China Automotive Systems, Inc. (0.08%), Superior Industries International, Inc. (0.31%), The Lion Electric Company (5.27%), Commercial Vehicle Group, Inc. (1.14%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($9.39 billion), Advanced Micro Devices, Inc. ($9.08 billion), Charter Communications, Inc. ($7.16 billion), Palo Alto Networks, Inc. ($4.05 billion), Lucid Group, Inc. ($3.43 billion), Wayfair Inc. ($3.11 billion), Rivian Automotive, Inc. ($3.05 billion), Datadog, Inc. ($2.76 billion), Zscaler, Inc. ($2.55 billion), and Etsy, Inc. ($1.99 billion). View all of the most shorted stocks.

Short selling NAKD is an investing strategy that aims to generate trading profit from Naked Brand 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 Naked Brand Group 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 NAKD, 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 NAKD, twice per month. The most recent reporting period available is December, 31 2021.