Renovare Environmental (RENO) Short Interest Ratio & Short Volume

Short interest is the volume of Renovare Environmental shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 15,200 shares of RENO short. Learn More on Renovare Environmental'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. RENO shares currently have a short interest ratio of 5.0. Learn More on Renovare Environmental's short interest ratio.

Here is how the short interest of companies in the industry of "personal services" compare to Renovare Environmental: Service Co. International (4.20%), New Oriental Education & Technology Group Inc. (4.88%), TAL Education Group (5.81%), Graham Holdings (1.69%), Laureate Education, Inc. (1.98%), Driven Brands Holdings Inc. (15.59%), Mister Car Wash, Inc. (15.22%), Perdoceo Education Co. (10.94%), Afya Limited (6.63%), EVgo, Inc. (27.88%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

Short selling RENO is an investing strategy that aims to generate trading profit from Renovare Environmental 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 Renovare Environmental 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 RENO, 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 RENO, twice per month. The most recent reporting period available is May, 15 2025.