Unique Fabricating (UFAB) Short Interest Ratio & Short Volume

Short interest is the volume of Unique Fabricating shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 367,500 shares of UFAB short. 4.58% of Unique Fabricating's shares are currently sold short. Learn More on Unique Fabricating's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 4.58% of Unique Fabricating's floating shares are currently sold short.

Unique Fabricating saw a decrease in short interest in October. As of October 31st, there was short interest totaling 367,500 shares, a decrease of 49.0% from the previous total of 720,500 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.

Unique Fabricating currently has issued a total of 0 shares. Some of Unique Fabricating's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Unique Fabricating currently has a public float of 8,020,000 shares.

4.58% of Unique Fabricating's shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Unique Fabricating: Chijet Motor Company, Inc. (0.40%), China Yuchai International Limited (0.01%), Ferrari (1.33%), VinFast Auto Ltd. (12.33%), U Power Limited (7.70%), AEye, Inc. (6.44%), Envirotech Vehicles, Inc. (1.74%), Cepton, Inc. (1.81%), Xos, Inc. (7.42%), Canoo Inc. (19.35%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($9.07 billion), T-Mobile US, Inc. ($3.71 billion), Charter Communications, Inc. ($3.51 billion), Occidental Petroleum Co. ($2.81 billion), Lululemon Athletica Inc. ($2.35 billion), Tractor Supply ($2.26 billion), Coinbase Global, Inc. ($1.88 billion), Rivian Automotive, Inc. ($1.71 billion), Celsius Holdings, Inc. ($1.67 billion), and Newmont Co. ($1.66 billion). View all of the most shorted stocks.

Short selling UFAB is an investing strategy that aims to generate trading profit from Unique Fabricating as its price is falling. UFAB shares are trading down $0.04 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 Unique Fabricating 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 UFAB, 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 UFAB, twice per month. The most recent reporting period available is October, 31 2023.