Grupo Simec Short Interest Ratio and Short Volume

Grupo Simec (NYSEAMERICAN:SIM) Short Interest Frequently Asked Questions

What is Grupo Simec's current short interest?

Short interest is the volume of Grupo Simec shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 500 shares of SIM short. Learn More on Grupo Simec's current short interest.

Which institutional investors are shorting Grupo Simec?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Grupo Simec: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Grupo Simec's short interest increasing or decreasing?

Grupo Simec saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 500 shares, a drop of 88.1% from the previous total of 4,200 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 Grupo Simec's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "blast furnaces & steel mills" compare to Grupo Simec: Sumitomo Co. (0.00%), Steel Dynamics, Inc. (3.42%), Ternium S.A. (0.22%), United States Steel Co. (11.87%), Commercial Metals (2.71%), Aperam S.A. (0.00%), Carpenter Technology Co. (4.58%), Usinas Siderúrgicas de Minas Gerais S.A. (0.00%), Titan International, Inc. (1.46%), and TimkenSteel Co. (7.50%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Palo Alto Networks, Inc. ($4.31 billion), Charter Communications, Inc. ($3.24 billion), Lucid Group, Inc. ($2.25 billion), HP Inc. ($2.22 billion), GameStop Corp. ($1.69 billion), Carnival Co. & plc ($1.66 billion), Snap Inc. ($1.64 billion), Wayfair Inc. ($1.63 billion), Rivian Automotive, Inc. ($1.60 billion), and Upstart Holdings, Inc. ($1.53 billion). View all of the most shorted stocks.

What does it mean to sell short Grupo Simec stock?

Short selling SIM is an investing strategy that aims to generate trading profit from Grupo Simec as its price is falling. Grupo Simec's stock is trading up $2.14 today. To short Grupo Simec 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 Grupo Simec 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 Grupo Simec?

A short squeeze for Grupo Simec 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 SIM, which in turn drives the price of the stock up even further.

How often is Grupo Simec'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 SIM, twice per month. The most recent reporting period available is April, 30 2022.