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Okeanis Eco Tankers (ECO) Short Interest Ratio & Short Volume

$36.04
+1.00 (+2.85%)
(As of 05/24/2024 ET)

Okeanis Eco Tankers Short Interest Data

Current Short Interest
60,200 shares
Previous Short Interest
107,500 shares
Change Vs. Previous Month
-44.00%
Dollar Volume Sold Short
$1.88 million
Short Interest Ratio
1.2 Days to Cover
Last Record Date
April 30, 2024
Float Size
12,430,000 shares
Short Percent of Float
0.48%
Today's Trading Volume
40,576 shares
Average Trading Volume
42,941 shares
Today's Volume Vs. Average
94%
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ECO Short Interest Over Time

ECO Days to Cover Over Time

ECO Percentage of Float Shorted Over Time

Okeanis Eco Tankers Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/30/202460,200 shares $1.88 million -44.0%0.5%1.2 $31.31
4/15/2024107,500 shares $3.28 million +79.5%0.9%2 $30.48
3/31/202459,900 shares $1.80 million -6.1%0.5%1.1 $29.99
3/15/202463,800 shares $2.00 million +20.2%0.5%1.2 $31.34
2/29/202453,100 shares $1.55 million +184.0%0.4%1 $29.23
2/15/202418,700 shares $554,455.00 +17.6%0.2%0.4 $29.65
1/31/202415,900 shares $0.00 No Change0.1%0.5 $0.00

ECO Short Interest - Frequently Asked Questions

What is Okeanis Eco Tankers' current short interest?

Short interest is the volume of Okeanis Eco Tankers shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 60,200 shares of ECO short. 0.48% of Okeanis Eco Tankers' shares are currently sold short. Learn More on Okeanis Eco Tankers' current short interest.

What is a good short interest ratio for Okeanis Eco Tankers?

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. ECO shares currently have a short interest ratio of 1.0. Learn More on Okeanis Eco Tankers's short interest ratio.

What is a good short interest percentage for Okeanis Eco Tankers?

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. 0.48% of Okeanis Eco Tankers' floating shares are currently sold short.

Is Okeanis Eco Tankers' short interest increasing or decreasing?

Okeanis Eco Tankers saw a drop in short interest in April. As of April 30th, there was short interest totaling 60,200 shares, a drop of 44.0% from the previous total of 107,500 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.

What is Okeanis Eco Tankers' float size?

Okeanis Eco Tankers currently has issued a total of 0 shares. Some of Okeanis Eco Tankers' 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. Okeanis Eco Tankers currently has a public float of 12,430,000 shares.

How does Okeanis Eco Tankers' short interest compare to its competitors?

0.48% of Okeanis Eco Tankers' shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Okeanis Eco Tankers: Euronav NV (14.57%), Grindrod Shipping Holdings Ltd. (0.50%), Corporación América Airports S.A. (4.45%), Dynagas LNG Partners LP (0.13%), C3is Inc. (44.99%), OceanPal Inc. (0.81%), Performance Shipping Inc. (5.61%), Castor Maritime Inc. (0.75%), Globus Maritime Limited (5.05%), Pyxis Tankers Inc. (1.01%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

What does it mean to sell short Okeanis Eco Tankers stock?

Short selling ECO is an investing strategy that aims to generate trading profit from Okeanis Eco Tankers as its price is falling. ECO shares are trading up $1.00 today. 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.

How does a short squeeze work against Okeanis Eco Tankers?

A short squeeze for Okeanis Eco Tankers 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 ECO, which in turn drives the price of the stock up even further.

How often is Okeanis Eco Tankers' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ECO, twice per month. The most recent reporting period available is April, 30 2024.



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This page (NYSE:ECO) was last updated on 5/26/2024 by MarketBeat.com Staff

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