AllianzGI Equity & Convertible Income Fund Short Interest Ratio and Short Volume

-0.25 (-0.85 %)
(As of 04/19/2021 04:15 PM ET)
Today's Range
Now: $29.17
50-Day Range
MA: $28.08
52-Week Range
Now: $29.17
Volume62,871 shs
Average Volume70,471 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.08%

Short Interest

AllianzGI Equity & Convertible Income Fund (NYSE:NIE) Short Interest Data

Current Short Volume29,400 shares
Previous Short Volume14,200 shares
Change Vs. Previous Month:+107.04%
Dollar Volume Sold Short$855,246.00
Short Interest Ratio / Days to Cover0.4
Last Record DateMarch, 31 2021
Today's Trading Volume62,871 shares
Average Trading Volume70,471 shares
Today's Volume Vs. Average-10.78%

Short Interest Over Time

AllianzGI Equity & Convertible Income Fund (NYSE:NIE) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202129,400 shares $855,246.00 +107.0%N/A0.4 $29.09
3/15/202114,200 shares $391,068.00 +184.0%N/A0.2 $27.54
2/26/20215,000 shares $139,600.00 +8.7%N/A0.1 $27.92
2/12/20214,600 shares $129,720.00 -30.3%N/A0.1 $28.20
1/29/20216,600 shares $193,908.00 -29.8%N/A0.1 $29.38
1/15/20219,400 shares $266,208.00 +1.1%N/A0.1 $28.32
12/31/202012,800 shares $363,904.00 -42.9%N/A0.2 $28.43
12/15/202012,800 shares $358,656.00 -42.9%N/A0.2 $28.02
11/30/202022,400 shares $627,200.00 -50.0%N/A0.3 $28.00
11/15/202044,800 shares $1.21 million +209.0%N/A0.6 $26.94
10/30/202014,500 shares $387,005.00 -34.7%N/A0.2 $26.69
10/15/202022,200 shares $551,670.00 +6.2%N/A0 $24.85
9/30/202020,900 shares $534,831.00 +95.3%N/A0.3 $25.59
9/15/202010,200 shares $244,698.00 -4.7%N/A0.1 $23.99
8/31/202010,700 shares $254,339.00 -44.0%N/A0.1 $23.77
8/14/202019,100 shares $487,241.00 -69.9%N/A0.2 $25.51
7/31/202063,500 shares $1.56 million +29.6%N/A0.8 $24.57
7/15/202049,000 shares $1.20 million +62.3%N/A0.6 $24.47
6/30/202030,200 shares $712,116.00 -8.2%N/A0.4 $23.58
6/15/202032,900 shares $740,579.00 +78.8%N/A0.4 $22.51
5/29/202018,400 shares $406,456.00 +26.0%N/A0.2 $22.09
5/15/202014,600 shares $317,258.00 -59.0%N/A0.1 $21.73
4/30/202035,600 shares $771,808.00 +513.8%N/A0.3 $21.68
4/15/20205,800 shares $123,076.00 -94.5%N/A0 $21.22
3/31/2020105,800 shares $2.16 million +753.2%N/A0.8 $20.41

AllianzGI Equity & Convertible Income Fund (NYSE:NIE) Short Interest FAQ

speech bubbles
speech bubbles

What is AllianzGI Equity & Convertible Income Fund's current short interest?

Short interest is the volume of AllianzGI Equity & Convertible Income Fund shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 29,400 shares of NIE short.

Is AllianzGI Equity & Convertible Income Fund's short interest increasing or decreasing?

AllianzGI Equity & Convertible Income Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 29,400 shares, an increase of 107.0% from the previous total of 14,200 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.

How does AllianzGI Equity & Convertible Income Fund's short interest compare to its competitors?

0.00% of AllianzGI Equity & Convertible Income Fund's shares are currently sold short. Here is how the short interest of companies in the industry of "asset management" compare to AllianzGI Equity & Convertible Income Fund: 3i Group plc (0.00%), 3i Group plc (0.00%), Aberdeen Australia Equity Fund, Inc. (0.00%), Aberdeen Global Premier Properties Fund (0.00%), Advent Convertible and Income Fund (0.00%), AllianzGI Diversified Income & Convertible Fund (0.00%), Amundi SA (0.00%), Apollo Senior Floating Rate Fund Inc. (0.00%), Azimut Holding S.p.A. (0.00%), and Barings Global Short Duration High Yield Fund (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short AllianzGI Equity & Convertible Income Fund stock?

Short selling NIE is an investing strategy that aims to generate trading profit from AllianzGI Equity & Convertible Income Fund as its price is falling. AllianzGI Equity & Convertible Income Fund's stock is trading down $0.25 today. To short AllianzGI Equity & Convertible Income Fund 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 AllianzGI Equity & Convertible Income Fund 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.

How does a short squeeze work against AllianzGI Equity & Convertible Income Fund?

A short squeeze for AllianzGI Equity & Convertible Income 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 NIE, which in turn drives the price of the stock up even further.

How often is AllianzGI Equity & Convertible Income Fund's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NIE, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/19/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.