Credit Suisse Asset Management Income Fund (CIK) Short Interest Ratio & Short Volume

Short interest is the volume of Credit Suisse Asset Management Income Fund shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 330,100 shares of CIK short. Learn More on Credit Suisse Asset Management Income Fund's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CIK shares currently have a short interest ratio of 2.0. Learn More on Credit Suisse Asset Management Income Fund's short interest ratio.

Credit Suisse Asset Management Income Fund saw a increase in short interest in January. As of January 15th, there was short interest totaling 330,100 shares, an increase of 41.8% from the previous total of 232,800 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 Credit Suisse Asset Management Income Fund: Putnam Master Intermediate Income Trust (0.30%), The Gabelli Multimedia Trust Inc. (0.67%), Nuveen New York Municipal Value Fund (0.13%), BlackRock MuniYield Pennsylvania Quality Fund (0.47%), Barings Participation Investors (0.19%), Templeton Emerging Markets Fund (0.06%), Nuveen Arizona Quality Municipal Income Fund (0.02%), Oxford Square Capital Corp. (0.24%), The Korea Fund, Inc. (0.18%), Nuveen Virginia Quality Municipal Income Fund (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.10 billion), General Motors ($3.90 billion), Charter Communications, Inc. ($3.31 billion), Occidental Petroleum Co. ($2.91 billion), Tractor Supply ($2.75 billion), Moderna, Inc. ($2.44 billion), Coinbase Global, Inc. ($2.10 billion), United Rentals, Inc. ($2.09 billion), Royal Caribbean Cruises Ltd. ($2.03 billion), and Rivian Automotive, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling CIK is an investing strategy that aims to generate trading profit from Credit Suisse Asset Management Income Fund as its price is falling. CIK shares are trading up $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 Credit Suisse Asset Management 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 CIK, 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 CIK, twice per month. The most recent reporting period available is January, 15 2024.