Exela Technologies - XELA Short Interest Ratio & Short Volume

Short interest is the volume of Exela Technologies shares that have been sold short but have not yet been covered or closed out. As of February 28th, traders have sold 10,080,000 shares of XELA short. Learn More on Exela Technologies' current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Exela Technologies: Susquehanna International Group LLP, CSS LLC IL, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Exela Technologies saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 10,080,000 shares, an increase of 12.8% from the previous total of 8,940,000 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 "business services" compare to Exela Technologies: Baosheng Media Group Holdings Limited (2.19%), Loyalty Ventures Inc. (9.49%), Swvl Holdings Corp. (0.82%), Quhuo Limited (1.53%), Kaspien Holdings Inc. (0.76%), Maris-Tech Ltd. (1.10%), Recruiter.com Group, Inc. (0.70%), Borqs Technologies, Inc. (5.13%), SaverOne 2014 Ltd (2.76%), and Staffing 360 Solutions, Inc. (1.14%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling XELA is an investing strategy that aims to generate trading profit from Exela Technologies as its price is falling. XELA shares are trading down $0.00 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 Exela 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 XELA, 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 XELA, twice per month. The most recent reporting period available is February, 28 2023.