The New America High Income Fund (HYB) Short Interest Ratio & Short Volume

Short interest is the volume of The New America High Income Fund shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 9,500 shares of HYB short. Learn More on The New America High Income Fund's current short interest.

The New America High Income Fund saw a decrease in short interest in September. As of September 15th, there was short interest totaling 9,500 shares, a decrease of 9.5% from the previous total of 10,500 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.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to The New America High Income Fund: Nuveen New York Municipal Value Fund (0.06%), Putnam Master Intermediate Income Trust (0.10%), Insight Select Income Fund (0.02%), Oxford Square Capital Corp. (0.48%), Invesco Bond Fund (0.08%), BlackRock MuniYield Pennsylvania Quality Fund (0.24%), Western Asset Municipal High Income Fund Inc. (0.02%), Nuveen Virginia Quality Municipal Income Fund (0.05%), The Gabelli Multimedia Trust Inc. (0.57%), Templeton Emerging Markets Fund (0.01%),

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 HYB is an investing strategy that aims to generate trading profit from The New America High Income Fund as its price is falling. HYB shares are trading down $0.04 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 The New America High Income Fund 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 HYB, 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 HYB, twice per month. The most recent reporting period available is September, 15 2023.