Empresa Distribuidora y Comercializadora Norte Sociedad Anónima - EDN Short Interest Ratio & Short Volume

Short interest is the volume of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares that have been sold short but have not yet been covered or closed out. As of February 28th, investors have sold 29,100 shares of EDN short. Learn More on Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's current short interest.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 29,100 shares, a decrease of 22.0% from the previous total of 37,300 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 Empresa Distribuidora y Comercializadora Norte Sociedad Anónima: Global Water Resources, Inc. (0.60%), Genie Energy Ltd. (0.93%), Consolidated Communications Holdings, Inc. (2.34%), Pure Cycle Co. (1.02%), Consolidated Water Co. Ltd. (0.75%), Artesian Resources Co. (0.92%), Brooge Energy Limited (0.13%), The York Water Company (1.21%), Unitil Co. (1.37%), and IDT Co. (2.52%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling EDN is an investing strategy that aims to generate trading profit from Empresa Distribuidora y Comercializadora Norte Sociedad Anónima as its price is falling. EDN shares are trading up $0.16 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.

A short squeeze for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima 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 EDN, 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 EDN, twice per month. The most recent reporting period available is February, 28 2023.