Shineco Short Interest Ratio and Short Volume

Short interest is the volume of Shineco shares that have been sold short but have not yet been closed out or covered. As of September 30th, investors have sold 18,400 shares of TYHT short. 0.74% of Shineco'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. 0.74% of Shineco's floating shares are currently sold short.

Shineco saw a increase in short interest in September. As of September 30th, there was short interest totaling 18,400 shares, an increase of 18,300.0% from the previous total of 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.

Shineco currently has issued a total of 3,040,000 shares. Some of Shineco'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. Shineco currently has a public float of 2,490,000 shares.

0.74% of Shineco's shares are currently sold short. Here is how the short interest of companies in the industry of "agricultural production - crops" compare to Shineco: Fresh Del Monte Produce Inc (2.59%), Adecoagro SA (0.00%), Village Farms International, Inc. (11.22%), Limoneira (4.24%), BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (0.00%), Alico, Inc. (1.33%), S&W Seed (0.08%), China Liaoning Dingxu Ecological Agriculture Development, Inc. (0.00%), Origin Agritech Ltd. (0.00%), and Arcadia Biosciences, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 billion). View all of the most shorted stocks.

Short selling TYHT is an investing strategy that aims to generate trading profit from Shineco as its price is falling. Shineco's stock is trading up $0.01 today. To short Shineco 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 Shineco 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 Shineco 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 TYHT, 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 TYHT, twice per month. The most recent reporting period available is September, 30 2020.