Tungray Technologies (TRSG) Short Interest Ratio & Short Volume

Short interest is the volume of Tungray Technologies shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 8,600 shares of TRSG short. 0.35% of Tungray Technologies' shares are currently sold short. Learn More on Tungray Technologies' 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. 0.35% of Tungray Technologies' floating shares are currently sold short.

Tungray Technologies saw a increase in short interest in August. As of August 31st, there was short interest totaling 8,600 shares, an increase of 13.2% from the previous total of 7,600 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.

Tungray Technologies currently has issued a total of 16,250,000 shares. Some of Tungray Technologies' 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. Tungray Technologies currently has a public float of 2,490,000 shares.

0.35% of Tungray Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "machinery" compare to Tungray Technologies: Taylor Devices, Inc. (4.13%), TPI Composites, Inc. (12.17%), Desktop Metal, Inc. (14.24%), Planet Image International Limited (0.60%), Drilling Tools International Co. (2.42%), Westport Fuel Systems Inc. (2.94%), Richtech Robotics Inc. (6.61%), Amtech Systems, Inc. (0.37%), Perma-Pipe International Holdings, Inc. (0.54%), Manitex International, Inc. (0.37%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

Short selling TRSG is an investing strategy that aims to generate trading profit from Tungray Technologies as its price is falling. TRSG shares are trading up $0.07 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 Tungray Technologies 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 TRSG, 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 TRSG, twice per month. The most recent reporting period available is August, 31 2024.