SHL Telemedicine (SHLT) Short Interest Ratio & Short Volume

Short interest is the volume of SHL Telemedicine shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 300 shares of SHLT short. Learn More on SHL Telemedicine's current short interest.

SHL Telemedicine saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 300 shares, a decline of 50.0% from the previous total of 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.

Here is how the short interest of companies in the sector of "medical" compare to SHL Telemedicine: Wellgistics Health, Inc. (7.00%), Lucid Diagnostics Inc. (13.06%), Anika Therapeutics Inc. (2.95%), Oncolytics Biotech Inc. (2.32%), Skye Bioscience, Inc. (15.14%), Global Cord Blood Co. (0.02%), Compugen Ltd. (1.17%), TuHURA Biosciences, Inc. (7.23%), Inhibikase Therapeutics, Inc. (4.58%), Profound Medical (2.33%),

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 Company ($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 SHLT is an investing strategy that aims to generate trading profit from SHL Telemedicine 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 SHL Telemedicine 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 SHLT, 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 SHLT, twice per month. The most recent reporting period available is July, 15 2024.