FreightCar America Short Interest Ratio and Short Volume

Short interest is the volume of FreightCar America shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 759,700 shares of RAIL short. 6.70% of FreightCar America's shares are currently sold short. View details.

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. 6.70% of FreightCar America's floating shares are currently sold short.

FreightCar America saw a increase in short interest in April. As of April 15th, there was short interest totaling 759,700 shares, an increase of 49.4% from the previous total of 508,500 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.

FreightCar America currently has issued a total of 15,588,000 shares. Some of FreightCar America'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. FreightCar America currently has a public float of 11,340,000 shares.

6.70% of FreightCar America's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "construction & farm machinery & heavy trucks" compare to FreightCar America: Caterpillar Inc. (1.16%), Deere & Company (0.90%), Cummins Inc. (2.63%), PACCAR Inc (1.58%), Westinghouse Air Brake Technologies Co. (1.94%), The Toro Company (0.00%), AGCO Co. (1.72%), Oshkosh Co. (1.76%), Navistar International Co. (8.64%), and Terex Co. (2.06%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling RAIL is an investing strategy that aims to generate trading profit from FreightCar America as its price is falling. FreightCar America's stock is trading up $0.36 today. To short FreightCar America 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 FreightCar America 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 FreightCar America 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 RAIL, 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 RAIL, twice per month. The most recent reporting period available is April, 15 2021.