The New Ireland Fund (IRL) Short Interest Ratio & Short Volume

Short interest is the volume of The New Ireland Fund shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 4,500 shares of IRL short. Learn More on The New Ireland Fund's current short interest.

The New Ireland Fund saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 4,500 shares, an increase of 21.6% from the previous total of 3,700 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 Ireland Fund: The Gabelli Multimedia Trust Inc. (0.76%), BlackRock MuniYield Pennsylvania Quality Fund (0.27%), Nuveen Arizona Quality Municipal Income Fund (0.15%), John Hancock Income Securities Trust (0.05%), MFS High Income Municipal Trust (0.16%), SuRo Capital Corp. (0.40%), Western Asset Investment Grade Income Fund Inc. (0.09%), High Income Securities Fund (0.12%), Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (0.11%), John Hancock Investors Trust (0.34%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.09 billion), Occidental Petroleum Co. ($3.00 billion), T. Rowe Price Group, Inc. ($2.35 billion), Coinbase Global, Inc. ($2.30 billion), Paramount Global ($2.04 billion), Etsy, Inc. ($1.90 billion), Voya Financial, Inc. ($1.77 billion), CarMax, Inc. ($1.67 billion), Royal Caribbean Cruises Ltd. ($1.58 billion), and Monolithic Power Systems, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling IRL is an investing strategy that aims to generate trading profit from The New Ireland Fund 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 The New Ireland 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 IRL, 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 IRL, twice per month. The most recent reporting period available is February, 15 2023.