Wetouch Technology (WETH) Short Interest Ratio & Short Volume

Short interest is the volume of Wetouch Technology shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 94,600 shares of WETH short. 0.80% of Wetouch Technology's shares are currently sold short. Learn More on Wetouch Technology'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. WETH shares currently have a short interest ratio of 1.0. Learn More on Wetouch Technology's short interest ratio.

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. 0.80% of Wetouch Technology's floating shares are currently sold short.

Wetouch Technology saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 94,600 shares, an increase of 171.1% from the previous total of 34,900 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.

Wetouch Technology currently has issued a total of 11,932,000 shares. Some of Wetouch Technology'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. Wetouch Technology currently has a public float of 11,890,000 shares.

0.80% of Wetouch Technology's shares are currently sold short. Here is how the short interest of companies compare to Wetouch Technology: Zepp Health Co. (0.06%), TransAct Technologies Incorporated (0.07%), Intrusion Inc. (7.27%), Interlink Electronics, Inc. (1.28%), HUB Cyber Security Ltd. (1.38%), B.O.S. Better Online Solutions Ltd. (2.18%), Socket Mobile, Inc. (0.30%), Wearable Devices Ltd. (136.94%), Apple Inc. (0.73%), Arista Networks, Inc. (1.89%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology S.A. ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Co. ($4.47 billion), The Kroger Co. ($2.56 billion), Reddit, Inc. ($2.23 billion), Rivian Automotive, Inc. ($2.16 billion), Live Nation Entertainment, Inc. ($1.90 billion), SoFi Technologies, Inc. ($1.85 billion), Zscaler, Inc. ($1.75 billion), and Omnicom Group Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling WETH is an investing strategy that aims to generate trading profit from Wetouch Technology as its price is falling. WETH shares are trading down $0.02 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 Wetouch Technology 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 WETH, 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 WETH, twice per month. The most recent reporting period available is April, 30 2025.