Nature Wood Group (NWGL) Short Interest Ratio & Short Volume

Short interest is the volume of Nature Wood Group shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 79,100 shares of NWGL short. Learn More on Nature Wood Group's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. NWGL shares currently have a short interest ratio of 1.0. Learn More on Nature Wood Group's short interest ratio.

Nature Wood Group saw a increase in short interest in July. As of July 15th, there was short interest totaling 79,100 shares, an increase of 46.2% from the previous total of 54,100 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.

Here is how the short interest of companies compare to Nature Wood Group: Caesarstone Ltd. (1.58%), Smith-Midland Co. (5.19%), Enviva Inc. (12.04%), Martin Marietta Materials, Inc. (2.11%), Vulcan Materials (1.58%), CEMEX, S.A.B. de C.V. (0.57%), Eagle Materials Inc. (4.12%), West Fraser Timber Co. Ltd. (1.45%), Arcosa, Inc. (0.88%), Crane NXT, Co. (8.97%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling NWGL is an investing strategy that aims to generate trading profit from Nature Wood Group as its price is falling. NWGL shares are trading down $0.12 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 Nature Wood 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 NWGL, 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 NWGL, twice per month. The most recent reporting period available is July, 15 2024.