Aberdeen Australia Equity Fund Short Interest Ratio and Short Volume

Short interest is the volume of Aberdeen Australia Equity Fund shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 136,900 shares of IAF short.

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. Aberdeen Australia Equity Fund currently has a short interest ratio of 2.0.

Aberdeen Australia Equity Fund saw a increase in short interest in March. As of March 31st, there was short interest totaling 136,900 shares, an increase of 24.8% from the previous total of 109,700 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.

0.00% of Aberdeen Australia Equity Fund's shares are currently sold short. Here is how the short interest of companies in the industry of "asset management" compare to Aberdeen Australia Equity Fund: 3i Group plc (0.00%), 3i Group plc (0.00%), Aberdeen Global Premier Properties Fund (0.00%), Advent Convertible and Income Fund (0.00%), AllianzGI Diversified Income & Convertible Fund (0.00%), AllianzGI Equity & Convertible Income 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%).

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.

Short selling IAF is an investing strategy that aims to generate trading profit from Aberdeen Australia Equity Fund as its price is falling. Aberdeen Australia Equity Fund's stock is trading up $0.02 today. To short Aberdeen Australia Equity 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 Aberdeen Australia Equity 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.

A short squeeze for Aberdeen Australia Equity Fund 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 IAF, 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 IAF, twice per month. The most recent reporting period available is March, 31 2021.