Tortoise Energy Infrastructure - TYG Short Interest Ratio & Short Volume

Short interest is the volume of Tortoise Energy Infrastructure shares that have been sold short but have not yet been closed out or covered. As of March 15th, investors have sold 1,400 shares of TYG short. Learn More on Tortoise Energy Infrastructure's current short interest.

Tortoise Energy Infrastructure saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,400 shares, an increase of 40.0% from the previous total of 1,000 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 Tortoise Energy Infrastructure: Gladstone Capital Co. (1.05%), Tekla Life Sciences Investors (0.08%), Templeton Dragon Fund, Inc. (0.06%), Horizon Technology Finance Co. (2.44%), MFS Intermediate Income Trust (0.16%), Cohen & Steers Total Return Realty Fund, Inc. (0.13%), Source Capital, Inc. (0.03%), Putnam Premier Income Trust (0.25%), WhiteHorse Finance, Inc. (0.43%), and Virtus Global Dividend & Income Fund Inc. (0.07%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling TYG is an investing strategy that aims to generate trading profit from Tortoise Energy Infrastructure as its price is falling. TYG shares are trading up $0.90 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 Tortoise Energy Infrastructure 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 TYG, 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 TYG, twice per month. The most recent reporting period available is March, 15 2023.