Eaton Vance Floating-Rate 2022 Target Term Trust (EFL) Short Interest Ratio & Short Volume

Short interest is the volume of Eaton Vance Floating-Rate 2022 Target Term Trust shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 3,600 shares of EFL short. Learn More on Eaton Vance Floating-Rate 2022 Target Term Trust's current short interest.

Eaton Vance Floating-Rate 2022 Target Term Trust saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,600 shares, an increase of ∞ from the previous total of 0 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.48 billion), Charter Communications, Inc. ($2.85 billion), Twitter, Inc. ($1.89 billion), T. Rowe Price Group, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.77 billion), PG&E Co. ($1.75 billion), Lucid Group, Inc. ($1.58 billion), Rivian Automotive, Inc. ($1.42 billion), Roblox Co. ($1.39 billion), and Williams-Sonoma, Inc. ($1.33 billion). View all of the most shorted stocks.

Short selling EFL is an investing strategy that aims to generate trading profit from Eaton Vance Floating-Rate 2022 Target Term Trust 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 Eaton Vance Floating-Rate 2022 Target Term Trust 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 EFL, 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 EFL, twice per month. The most recent reporting period available is October, 15 2022.