Balincan USA (BCNN) Short Interest Ratio & Short Volume

Short interest is the volume of Balincan USA shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 1,100,100 shares of BCNN short. Learn More on Balincan USA's current short interest.

Balincan USA saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,100,100 shares, an increase of ∞ from the previous total of 0 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 sector of "retail/wholesale" compare to Balincan USA: Jeffs' Brands Ltd (6.61%), Maison Luxe, Inc. (0.03%), Marketing Worldwide Corp (0.00%), Boqii Holding Limited (1.35%), Travelzoo (1.66%), PSQ Holdings, Inc. (6.59%), Bergio International, Inc. (0.00%), FAT Brands Inc. (0.71%).

As of the most recent reporting period, the following stocks had the largest short interest positions: General Motors ($4.15 billion), T-Mobile US, Inc. ($3.92 billion), TC Energy Co. ($3.66 billion), Charter Communications, Inc. ($3.35 billion), Coinbase Global, Inc. ($3.32 billion), Occidental Petroleum Co. ($2.91 billion), Tractor Supply ($2.80 billion), Rivian Automotive, Inc. ($2.44 billion), Moderna, Inc. ($2.41 billion), and United Rentals, Inc. ($2.23 billion). View all of the most shorted stocks.

Short selling BCNN is an investing strategy that aims to generate trading profit from Balincan USA 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 Balincan USA 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 BCNN, 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 BCNN, twice per month. The most recent reporting period available is December, 31 2023.