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 January 15th, traders have sold 8,400 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 increase in short interest in the month of January. As of January 15th, there was short interest totaling 8,400 shares, an increase of 250.0% from the previous total of 2,400 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 (0.24%), Putnam Master Intermediate Income Trust (0.24%), Oxford Square Capital Corp. (0.37%), Insight Select Income Fund (0.04%), BlackRock MuniYield Pennsylvania Quality Fund (0.07%), Franklin Universal Trust (0.12%), Western Asset Municipal High Income Fund Inc. (0.11%), The Gabelli Multimedia Trust Inc. (0.60%), Morgan Stanley Emerging Markets Debt Fund, Inc. (0.04%), and Nuveen Arizona Quality Municipal Income Fund (0.03%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 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 up $0.01 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 January, 15 2023.