AGC Short Interest Ratio and Short Volume

Short interest is the volume of AGC shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 9,900 shares of ASGLY short.

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. AGC currently has a short interest ratio of 1.0.

AGC saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 9,900 shares, an increase of 50.0% from the previous total of 6,600 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 AGC's shares are currently sold short. Here is how the short interest of companies in the industry of "private households" compare to AGC: SMC Co. (0.00%), Compass Group PLC (0.00%), Vestas Wind Systems A/S (0.00%), Sands China Ltd. (0.00%), Flutter Entertainment plc (0.00%), Seven & i Holdings Co., Ltd. (0.00%), Kuehne + Nagel International AG (0.00%), Sandvik AB (publ) (0.00%), H & M Hennes & Mauritz AB (publ) (0.00%), and Japan Tobacco Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling ASGLY is an investing strategy that aims to generate trading profit from AGC as its price is falling. AGC's stock is trading up $0.07 today. To short AGC 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 AGC 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 AGC 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 ASGLY, 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 ASGLY, twice per month. The most recent reporting period available is March, 31 2021.