Wah Fu Education Group Short Interest Ratio and Short Volume

Short interest is the volume of Wah Fu Education Group shares that have been sold short but have not yet been covered or closed out. As of October 30th, investors have sold 1,700 shares of WAFU short. 0.14% of Wah Fu Education Group'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. 0.14% of Wah Fu Education Group's floating shares are currently sold short.

Wah Fu Education Group saw a drop in short interest in October. As of October 30th, there was short interest totaling 1,700 shares, a drop of 98.7% from the previous total of 126,600 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.

Wah Fu Education Group currently has issued a total of 4,381,000 shares. Some of Wah Fu Education Group'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. Wah Fu Education Group currently has a public float of 1,180,000 shares.

0.14% of Wah Fu Education Group's shares are currently sold short. Here is how the short interest of companies in the industry of "educational services" compare to Wah Fu Education Group: LAIX Inc. (0.03%), Four Seasons Education (Cayman) Inc. (0.00%), BioHiTech Global, Inc. (0.00%), ATA Creativity Global (0.00%), Learning Tree International, Inc. (0.00%), National American University Holdings, Inc. (0.00%), Legacy Education Alliance, Inc. (0.00%), Chineseinvestors.com, Inc. (0.00%), EVCI Career Colleges Holding Corp. (0.00%), and Education Management Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

Short selling WAFU is an investing strategy that aims to generate trading profit from Wah Fu Education Group as its price is falling. Wah Fu Education Group's stock is trading down $0.16 today. To short Wah Fu Education Group 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 Wah Fu Education Group 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 Wah Fu Education Group 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 WAFU, 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 WAFU, twice per month. The most recent reporting period available is October, 30 2020.