Adamant DRI Processing and Minerals Group (ADMG) Short Interest Ratio & Short Volume

Short interest is the volume of Adamant DRI Processing and Minerals Group shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 100 shares of ADMG short. Learn More on Adamant DRI Processing and Minerals Group's current short interest.

Here is how the short interest of companies in the sector of "basic materials" compare to Adamant DRI Processing and Minerals Group: Pure Energy Minerals Limited (0.09%), New Age Metals Inc. (0.00%), Lithium Co. (0.00%), Lomiko Metals Inc. (0.00%), Silver Bull Resources, Inc. (0.02%), Thunder Mountain Gold, Inc. (0.00%), Paramount Gold Nevada Corp. (0.01%), Mountain Province Diamonds Inc. (0.05%), Avalon Advanced Materials Inc. (0.00%), Bunker Hill Mining Corp. (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.80 billion), S&P Global Inc. ($7.56 billion), Charter Communications, Inc. ($5.90 billion), Palo Alto Networks, Inc. ($3.22 billion), Lucid Group, Inc. ($2.77 billion), Rivian Automotive, Inc. ($2.70 billion), Wayfair Inc. ($2.50 billion), Datadog, Inc. ($2.33 billion), Live Nation Entertainment, Inc. ($1.72 billion), and Teladoc Health, Inc. ($1.66 billion). View all of the most shorted stocks.

Short selling ADMG is an investing strategy that aims to generate trading profit from Adamant DRI Processing and Minerals Group as its price is falling. 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 Adamant DRI Processing and Minerals Group 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 ADMG, 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 ADMG, twice per month. The most recent reporting period available is January, 31 2022.