Bright Scholar Education Short Interest Ratio and Short Volume

Short interest is the volume of Bright Scholar Education shares that have been sold short but have not yet been covered or closed out. As of March 15th, traders have sold 28,400 shares of BEDU short. 0.11% of Bright Scholar Education's shares are currently sold short. View details.

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. Bright Scholar Education currently has a short interest ratio of 1.0.

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. 0.11% of Bright Scholar Education's floating shares are currently sold short.

Bright Scholar Education saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 28,400 shares, an increase of 18.3% from the previous total of 24,000 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.

Bright Scholar Education currently has issued a total of 119,385,000 shares. Some of Bright Scholar Education'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. Bright Scholar Education currently has a public float of 25,610,000 shares.

0.11% of Bright Scholar Education's shares are currently sold short. Here is how the short interest of companies in the industry of "educational services" compare to Bright Scholar Education: Laureate Education, Inc. (6.13%), Strategic Education, Inc. (0.00%), Adtalem Global Education Inc. (2.96%), Afya Limited (0.00%), Hailiang Education Group Inc. (0.00%), Stride, Inc. (8.09%), Arco Platform Limited (0.00%), Perdoceo Education Co. (6.51%), Vasta Platform Limited (10.71%), and American Public Education, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

Short selling BEDU is an investing strategy that aims to generate trading profit from Bright Scholar Education as its price is falling. Bright Scholar Education's stock is trading down $0.06 today. To short Bright Scholar Education 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 Bright Scholar Education 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 Bright Scholar Education 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 BEDU, 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 BEDU, twice per month. The most recent reporting period available is March, 15 2021.