Associated British Foods - ASBFY Short Interest Ratio & Short Volume

Short interest is the volume of Associated British Foods shares that have been sold short but have not yet been closed out or covered. As of March 15th, investors have sold 39,300 shares of ASBFY short. Learn More on Associated British Foods' current short interest.

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. ASBFY shares currently have a short interest ratio of 2.0. Learn More on Associated British Foods's short interest ratio.

Associated British Foods saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 39,300 shares, a decrease of 17.6% from the previous total of 47,700 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.

Here is how the short interest of companies in the industry of "private households" compare to Associated British Foods: Ajinomoto Co., Inc. (0.00%), Kerry Group plc (0.00%), Davide Campari-Milano (0.36%), China Mengniu Dairy Company Limited (0.00%), Tingyi (Cayman Islands) Holding Corp. (0.11%), Henkel AG & Co. KGaA (0.00%), Flutter Entertainment plc (0.00%), Square Enix Holdings Co., Ltd. (0.21%), Japan Tobacco Inc. (0.00%), and The Swatch Group AG (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling ASBFY is an investing strategy that aims to generate trading profit from Associated British Foods as its price is falling. ASBFY shares are trading down $0.06 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 Associated British Foods 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 ASBFY, 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 ASBFY, twice per month. The most recent reporting period available is March, 15 2023.