Eros STX Global (EROS) Short Interest Ratio & Short Volume

Short interest is the volume of Eros STX Global shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 13,230,000 shares of EROS short. Learn More on Eros STX Global's 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. EROS shares currently have a short interest ratio of 4.0. Learn More on Eros STX Global's short interest ratio.

Eros STX Global saw a increase in short interest in August. As of August 31st, there was short interest totaling 13,230,000 shares, an increase of 5.1% from the previous total of 12,590,000 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 "consumer discretionary" compare to Eros STX Global: Micromobility.com Inc. (20.10%), Esports Entertainment Group, Inc. (25.92%), Anghami Inc. (3.25%), Forward Industries, Inc. (1.90%), Selina Hospitality PLC (8.07%), NextPlay Technologies, Inc. (1.49%), China Liberal Education Holdings Limited (0.45%), Hempacco Co., Inc. (4.99%), Safe & Green Holdings Corp. (1.48%), The Singing Machine Company, Inc. (3.73%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.22 billion), Aon plc ($3.37 billion), The Clorox Company ($3.22 billion), The Charles Schwab Co. ($2.86 billion), The Kroger Co. ($2.04 billion), Simon Property Group, Inc. ($1.87 billion), Moderna, Inc. ($1.82 billion), International Flavors & Fragrances Inc. ($1.74 billion), Iron Mountain Incorporated ($1.68 billion), and C.H. Robinson Worldwide, Inc. ($1.65 billion). View all of the most shorted stocks.

Short selling EROS is an investing strategy that aims to generate trading profit from Eros STX Global 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 Eros STX Global 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 EROS, 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 EROS, twice per month. The most recent reporting period available is August, 31 2020.