Yunhong International (ZGYH) Short Interest Ratio & Short Volume

Short interest is the volume of Yunhong International shares that have been sold short but have not yet been closed out or covered. As of October 29th, investors have sold 24,400 shares of ZGYH short. 0.39% of Yunhong International's shares are currently sold short. Learn More on Yunhong International's current short interest.

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. 0.39% of Yunhong International's floating shares are currently sold short.

Yunhong International saw a increase in short interest during the month of October. As of October 29th, there was short interest totaling 24,400 shares, an increase of 713.3% from the previous total of 3,000 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.

Yunhong International currently has issued a total of 8,944,000 shares. Some of Yunhong International'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. Yunhong International currently has a public float of 6,250,000 shares.

0.39% of Yunhong International's shares are currently sold short. Here is how the short interest of companies compare to Yunhong International: Concord Acquisition Corp II (0.00%), Direct Selling Acquisition Corp. (0.00%), Integrated Rail and Resources Acquisition Corp. (0.00%), Papaya Growth Opportunity Corp. I (0.01%), byNordic Acquisition Co. (0.13%), Goal Acquisitions Corp. (0.01%), AltEnergy Acquisition Corp. (0.01%), Southport Acquisition Co. (0.10%), Clean Energy Special Situations Corp. (0.00%), FutureTech II Acquisition Corp. (0.46%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($8.61 billion), Advanced Micro Devices, Inc. ($8.44 billion), Charter Communications, Inc. ($5.26 billion), Canadian Pacific Kansas City Limited ($5.13 billion), Wayfair Inc. ($4.34 billion), Uber Technologies, Inc. ($3.69 billion), Palo Alto Networks, Inc. ($3.35 billion), Teladoc Health, Inc. ($3.11 billion), eBay Inc. ($2.91 billion), and Etsy, Inc. ($2.63 billion). View all of the most shorted stocks.

Short selling ZGYH is an investing strategy that aims to generate trading profit from Yunhong International 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 Yunhong International 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 ZGYH, 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 ZGYH, twice per month. The most recent reporting period available is October, 29 2021.