CPFL Energia (CPL) Short Interest Ratio & Short Volume

Short interest is the volume of CPFL Energia shares that have been sold short but have not yet been covered or closed out. As of January 15th, investors have sold 6,000 shares of CPL short. Learn More on CPFL Energia's current short interest.

CPFL Energia saw a drop in short interest in January. As of January 15th, there was short interest totaling 6,000 shares, a drop of 16.7% from the previous total of 7,200 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 "utilities" compare to CPFL Energia: Pinnacle West Capital Co. (2.69%), OGE Energy Corp. (2.92%), Avangrid, Inc. (4.96%), Brookfield Renewable Partners L.P. (1.17%), IDACORP, Inc. (2.56%), Portland General Electric (5.04%), NRG Energy, Inc. (4.96%), Enel Chile S.A. (0.09%), Algonquin Power & Utilities Corp. (1.84%), Companhia Paranaense de Energia - COPEL (1.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($19.32 billion), Charter Communications, Inc. ($5.12 billion), Advanced Micro Devices, Inc. ($4.72 billion), Microchip Technology Incorporated ($3.73 billion), Match Group, Inc. ($2.38 billion), Snap Inc. ($2.17 billion), Wayfair Inc. ($2.11 billion), Uber Technologies, Inc. ($2.09 billion), Omnicom Group Inc. ($2.05 billion), and Hormel Foods Co. ($1.85 billion). View all of the most shorted stocks.

Short selling CPL is an investing strategy that aims to generate trading profit from CPFL Energia 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 CPFL Energia 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 CPL, 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 CPL, twice per month. The most recent reporting period available is January, 15 2020.