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, investors 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 sector of "finance" compare to The New Ireland Fund: MFS Special Value Trust (3.44%), MFS Intermediate High Income Fund (0.05%), Nuveen Missouri Quality Municipal Income Fund (0.80%), The Herzfeld Caribbean Basin Fund Inc. (0.20%), The European Equity Fund, Inc. (0.02%), The Central and Eastern Europe Fund, Inc. (0.01%), The Gabelli Convertible and Income Securities Fund Inc. (0.07%), DTF Tax-Free Income 2028 Term Fund Inc. (0.04%), Abrdn Japan Equity Fund Inc (0.10%), Nuveen California Select Tax-Free Income Portfolio (0.21%),

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. IRL shares are trading down $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 Ireland Fund 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 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.