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Weidai Short Interest Ratio and Short Volume

-0.16 (-7.84 %)
(As of 11/27/2020 12:00 AM ET)
Today's Range
Now: $1.88
50-Day Range
MA: $1.62
52-Week Range
Now: $1.88
Volume2.37 million shs
Average Volume1.52 million shs
Market Capitalization$132.44 million
P/E Ratio3.62
Dividend YieldN/A

Short Interest

Weidai (NYSE:WEI) Short Interest Data

Current Short Volume:382,600 shares
Previous Short Volume:8,600 shares
Change Vs. Previous Month:+4,348.84%
Dollar Volume Sold Short:$558,596.00
Short Interest Ratio / Days to Cover:0.0
Last Record Date:October, 30 2020
Outstanding Shares:35,380,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:2,368,578 shares
Average Trading Volume:1,519,163 shares
Today's Volume Vs. Average:55.91%

Weidai (NYSE:WEI) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020382,600 $558,596.00 4,348.8%0.0%0.1$1.46
10/15/20208,600 $20,210.00 -48.2%0.0%0$2.35
9/30/202016,600 $15,106.00 -24.6%0.0%0.4$0.91
9/15/202022,000 $19,140.00 -32.5%0.0%0.5$0.87
8/31/202032,600 $34,556.00 40.5%0.0%0.6$1.06
8/14/202023,200 $29,464.00 11.5%0.0%0.4$1.27
7/31/202020,800 $25,584.00 -58.2%0.0%0.4$1.23
7/15/202049,800 $56,772.00 248.3%0.0%0.9$1.14
6/30/202014,300 $16,445.00 -43.7%0.0%0.3$1.15
6/15/202025,400 $33,020.00 81.4%0.0%0.5$1.30
5/29/202014,000 $18,200.00 -6.0%0.0%0.3$1.30
5/15/202014,900 $23,691.00 -18.6%0.0%0.3$1.59
4/30/202018,300 $31,110.00 -42.5%0.0%0.3$1.70
4/15/202031,800 $45,156.00 41.3%0.0%0.5$1.42
3/31/202022,500 $28,800.00 -27.0%0.0%0.3$1.28
3/13/202030,800 $42,504.00 -8.3%0.7%0.5$1.38
2/28/202033,600 $39,648.00 -21.3%0.0%0.5$1.18
2/14/202042,700 $62,342.00 -10.7%0.0%0.7$1.46
1/31/202047,800 $105,160.00 -14.3%0.0%1$2.20
1/15/202055,800 $121,644.00 -3.0%0.0%1.5$2.18
12/31/201957,500 $146,625.00 74.2%0.0%1.9$2.55

Weidai (NYSE:WEI) Short Interest FAQ

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What is Weidai's current short interest?

Short interest is the volume of Weidai shares that have been sold short but have not yet been covered or closed out. As of October 30th, investors have sold 382,600 shares of WEI short. 0.00% of Weidai's shares are currently sold short. View details.

Is Weidai's short interest increasing or decreasing?

Weidai saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 382,600 shares, an increase of 4,348.8% from the previous total of 8,600 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 Weidai's short interest compare to its competitors?

0.00% of Weidai's shares are currently sold short. Here is how the short interest of companies in the industry of "nondepository credit institutions" compare to Weidai: Oportun Financial Co. (1.66%), Qudian Inc. (0.00%), CURO Group Holdings Corp. (3.90%), Yiren Digital Ltd. (0.00%), 9F Inc. (0.00%), CNFinance Holdings Limited (0.00%), America First Multifamily Investors, L.P. (0.08%), Jiayin Group Inc. (0.00%), X Financial (0.00%), and Medallion Financial Corp. (1.02%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Weidai stock?

Short selling WEI is an investing strategy that aims to generate trading profit from Weidai as its price is falling. Weidai's stock is trading down $0.16 today. To short Weidai 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 Weidai 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 Weidai?

A short squeeze for Weidai 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 WEI, which in turn drives the price of the stock up even further.

How often is Weidai'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 WEI, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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