EVE (EVEX) Short Interest Ratio & Short Volume

Short interest is the volume of EVE shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 596,800 shares of EVEX short. 2.49% of EVE's shares are currently sold short. Learn More on EVE'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. EVEX shares currently have a short interest ratio of 7.0. Learn More on EVE's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of EVE: Simplex Trading LLC, and Cutler Group LLC CA. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 2.49% of EVE's floating shares are currently sold short.

EVE saw a increase in short interest in September. As of September 15th, there was short interest totaling 596,800 shares, an increase of 2.1% from the previous total of 584,500 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.

EVE currently has issued a total of 269,160,000 shares. Some of EVE's 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. EVE currently has a public float of 23,970,000 shares.

2.49% of EVE's shares are currently sold short. Here is how the short interest of companies compare to EVE: Rocket Lab USA, Inc. (7.38%), Veritiv Co. (3.13%), NV5 Global, Inc. (2.14%), Ryerson Holding Co. (2.48%), REV Group, Inc. (3.47%), Transcat, Inc. (1.50%), Evolv Technologies Holdings, Inc. (7.10%), SP Plus Co. (0.58%), Kimball Electronics, Inc. (0.73%), Crane (1.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling EVEX is an investing strategy that aims to generate trading profit from EVE as its price is falling. EVEX shares are trading down $0.28 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 EVE 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 EVEX, 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 EVEX, twice per month. The most recent reporting period available is September, 15 2023.