ASSA ABLOY AB (publ) Short Interest Ratio and Short Volume

Short interest is the volume of ASSA ABLOY AB (publ) shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 12,700 shares of ASAZY short.

ASSA ABLOY AB (publ) saw a drop in short interest in April. As of April 15th, there was short interest totaling 12,700 shares, a drop of 31.7% from the previous total of 18,600 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 ASSA ABLOY AB (publ)'s shares are currently sold short. Here is how the short interest of companies in the industry of "private households" compare to ASSA ABLOY AB (publ): Industria de Diseño Textil, S.A. (0.00%), Bank of China Limited (0.00%), Airbus SE (0.00%), Schneider Electric S.E. (0.00%), Iberdrola, S.A. (0.00%), L'Air Liquide S.A. (0.00%), Recruit Holdings Co., Ltd. (0.00%), Deutsche Post AG (0.00%), Atlas Copco AB (0.00%), and EssilorLuxottica Société anonyme (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling ASAZY is an investing strategy that aims to generate trading profit from ASSA ABLOY AB (publ) as its price is falling. ASSA ABLOY AB (publ)'s stock is trading down $0.18 today. To short ASSA ABLOY AB (publ) 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 ASSA ABLOY AB (publ) 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 ASSA ABLOY AB (publ) 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 ASAZY, 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 ASAZY, twice per month. The most recent reporting period available is April, 15 2021.