Bird Construction Short Interest Ratio and Short Volume

Bird Construction (OTCMKTS:BIRDF) Short Interest Frequently Asked Questions

What is Bird Construction's current short interest?

Short interest is the volume of Bird Construction shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 6,800 shares of BIRDF short. Learn More on Bird Construction's current short interest.

What is a good short interest ratio for Bird Construction?

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. Bird Construction currently has a short interest ratio of 4.0. Learn More on a good short interest ratio for Bird Construction

Is Bird Construction's short interest increasing or decreasing?

Bird Construction saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 6,800 shares, a decline of 75.3% from the previous total of 27,500 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.

How does Bird Construction's short interest compare to its competitors?

0.00% of Bird Construction's shares are currently sold short. Here is how the short interest of companies in the industry of "engineering & construction" compare to Bird Construction: Acciona, S.A. (0.00%), ACS, Actividades de Construcción y Servicios, S.A. (0.00%), Aecon Group Inc. (0.00%), Arcadis NV (0.00%), Babcock International Group PLC (0.00%), Badger Infrastructure Solutions Ltd. (0.00%), Bilfinger SE (0.00%), Bouygues SA (0.00%), China Railway Group Limited (0.00%), and Dexterra Group Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Bird Construction stock?

Short selling BIRDF is an investing strategy that aims to generate trading profit from Bird Construction as its price is falling. Bird Construction's stock is trading up $0.23 today. To short Bird Construction 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 Bird Construction 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.

How does a short squeeze work against Bird Construction?

A short squeeze for Bird Construction 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 BIRDF, which in turn drives the price of the stock up even further.

How often is Bird Construction's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BIRDF, twice per month. The most recent reporting period available is November, 15 2021.