Yintech Investment (YIN) Short Interest Ratio & Short Volume

Short interest is the volume of Yintech Investment shares that have been sold short but have not yet been covered or closed out. As of October 30th, traders have sold 14,000 shares of YIN short. Learn More on Yintech Investment'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. YIN shares currently have a short interest ratio of 1.0. Learn More on Yintech Investment's short interest ratio.

Yintech Investment saw a increase in short interest in October. As of October 30th, there was short interest totaling 14,000 shares, an increase of 23.9% from the previous total of 11,300 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 "finance" compare to Yintech Investment: Forge Global Holdings, Inc. (4.18%), Equity Bancshares, Inc. (0.72%), Independent Bank Co. (1.15%), Midland States Bancorp, Inc. (0.98%), UP Fintech Holding Limited (1.95%), Seritage Growth Properties (19.61%), Global Medical REIT Inc. (2.01%), Farmland Partners Inc. (6.15%), Gladstone Investment Co. (7.00%), Invesco Value Municipal Income Trust (0.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.15 billion), Aon plc ($3.50 billion), Snap Inc. ($3.18 billion), Analog Devices, Inc. ($2.90 billion), The Clorox Company ($2.87 billion), Uber Technologies, Inc. ($2.01 billion), The Kroger Co. ($1.86 billion), International Flavors & Fragrances Inc. ($1.80 billion), Moderna, Inc. ($1.80 billion), and Simon Property Group, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling YIN is an investing strategy that aims to generate trading profit from Yintech Investment as its price is falling. 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 Yintech Investment 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 YIN, 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 YIN, twice per month. The most recent reporting period available is October, 30 2020.