Cellcom Israel Short Interest Ratio and Short Volume

Short interest is the volume of Cellcom Israel shares that have been sold short but have not yet been covered or closed out. As of January 15th, investors have sold 40,500 shares of CEL short. 0.06% of Cellcom Israel'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. Cellcom Israel 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. 0.06% of Cellcom Israel's floating shares are currently sold short.

Cellcom Israel saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 40,500 shares, an increase of 10.1% from the previous total of 36,800 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.

Cellcom Israel currently has issued a total of 149,166,000 shares. Some of Cellcom Israel'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. Cellcom Israel currently has a public float of 68,800,000 shares.

0.06% of Cellcom Israel's shares are currently sold short. Here is how the short interest of companies in the industry of "radiotelephone communication" compare to Cellcom Israel: T-Mobile US, Inc. (2.15%), Deutsche Telekom AG (0.00%), Vodafone Group Plc (0.00%), Chunghwa Telecom Co., Ltd. (0.00%), TELUS Co. (0.47%), SK Telecom Co.,Ltd (0.05%), Hellenic Telecommunications Organization S.A. (0.00%), Mobile TeleSystems Public Joint Stock (0.78%), Millicom International Cellular S.A. (0.17%), and VEON Ltd. (0.89%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($6.95 billion), ViacomCBS Inc. ($6.14 billion), Aon Plc ($4.66 billion), Analog Devices, Inc. ($4.54 billion), Moderna, Inc. ($3.96 billion), DuPont de Nemours, Inc. ($3.77 billion), Palantir Technologies Inc. ($3.53 billion), Snap Inc. ($3.48 billion), International Flavors & Fragrances Inc. ($3.45 billion), and Beyond Meat, Inc. ($2.78 billion). View all of the most shorted stocks.

Short selling CEL is an investing strategy that aims to generate trading profit from Cellcom Israel as its price is falling. Cellcom Israel's stock is trading down $0.13 today. To short Cellcom Israel 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 Cellcom Israel 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 Cellcom Israel 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 CEL, 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 CEL, twice per month. The most recent reporting period available is January, 15 2021.