Nova LifeStyle (NVFY) Short Interest Ratio & Short Volume

Short interest is the volume of Nova LifeStyle shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 250,200 shares of NVFY short. 39.23% of Nova LifeStyle's shares are currently sold short. Learn More on Nova LifeStyle'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. 39.23% of Nova LifeStyle's floating shares are currently sold short.

Nova LifeStyle saw a increase in short interest in March. As of March 31st, there was short interest totaling 250,200 shares, an increase of 2,506.3% from the previous total of 9,600 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.

Nova LifeStyle currently has issued a total of 1,630,000 shares. Some of Nova LifeStyle'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. Nova LifeStyle currently has a public float of 637,700 shares.

39.23% of Nova LifeStyle's shares are currently sold short. Here is how the short interest of companies compare to Nova LifeStyle: Interactive Strength Inc. (3.20%), Casa Systems, Inc. (1.26%), SharpLink Gaming, Inc. (1.29%), The Singing Machine Company, Inc. (3.76%), Safe & Green Holdings Corp. (2.39%), Chicken Soup for the Soul Entertainment, Inc. (1.64%), Hempacco Co., Inc. (2.85%), MultiMetaVerse Holdings Limited (0.83%), Lottery.com Inc. (2.28%), China Liberal Education Holdings Limited (0.49%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling NVFY is an investing strategy that aims to generate trading profit from Nova LifeStyle as its price is falling. NVFY shares are trading down $0.11 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 Nova LifeStyle 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 NVFY, 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 NVFY, twice per month. The most recent reporting period available is March, 31 2024.