Charah Solutions (CHRA) Short Interest Ratio & Short Volume

Short interest is the volume of Charah Solutions shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 30,800 shares of CHRA short. 1.93% of Charah Solutions' shares are currently sold short. Learn More on Charah Solutions' 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. CHRA shares currently have a short interest ratio of 1.0. Learn More on Charah Solutions's short interest ratio.

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. 1.93% of Charah Solutions' floating shares are currently sold short.

Charah Solutions saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 30,800 shares, a decrease of 42.5% from the previous total of 53,600 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.

Charah Solutions currently has issued a total of 3,380,000 shares. Some of Charah Solutions' 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. Charah Solutions currently has a public float of 1,600,000 shares.

1.93% of Charah Solutions' shares are currently sold short. Here is how the short interest of companies in the sector of "industrials" compare to Charah Solutions: Senstar Technologies Co. (0.41%), Wrap Technologies, Inc. (16.11%), iRobot Co. (22.19%), Rectitude Holdings, Ltd. (0.15%), TPI Composites, Inc. (23.75%), Ampco-Pittsburgh Co. (3.29%), Ideal Power Inc. (0.70%), Laser Photonics Co. (9.81%), Broadwind, Inc. (1.29%), WISeKey International Holding AG (0.78%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.66 billion), TC Energy Co. ($4.13 billion), Occidental Petroleum Co. ($3.04 billion), Moderna, Inc. ($2.63 billion), Coinbase Global, Inc. ($2.51 billion), T. Rowe Price Group, Inc. ($2.29 billion), Paramount Global ($2.26 billion), Verisk Analytics, Inc. ($2.19 billion), Etsy, Inc. ($1.84 billion), and Voya Financial, Inc. ($1.67 billion). View all of the most shorted stocks.

Short selling CHRA is an investing strategy that aims to generate trading profit from Charah Solutions 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 Charah Solutions 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 CHRA, 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 CHRA, twice per month. The most recent reporting period available is March, 31 2023.