China New Borun (BORNY) Short Interest Ratio & Short Volume

Short interest is the volume of China New Borun shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 452,600 shares of BORNY short. Learn More on China New Borun's 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. BORNY shares currently have a short interest ratio of 181.0. Learn More on China New Borun's short interest ratio.

Here is how the short interest of companies in the sector of "consumer staples" compare to China New Borun: Mastery Education (0.00%), China Marine Food Group Limited (2.58%), Kirin Holdings Company, Limited (0.00%), BrewBilt Brewing (0.00%), Compañía Cervecerías Unidas S.A. (0.14%), The Boston Beer Company, Inc. (2.73%), Molson Coors Beverage (4.76%), Carlsberg A/S (0.00%), Anheuser-Busch InBev SA/NV (0.24%), CHS Inc. (0.21%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.81 billion), Charter Communications, Inc. ($3.04 billion), T. Rowe Price Group, Inc. ($1.98 billion), PG&E Co. ($1.92 billion), Lucid Group, Inc. ($1.90 billion), Coinbase Global, Inc. ($1.75 billion), Roblox Co. ($1.58 billion), Rivian Automotive, Inc. ($1.54 billion), Diamondback Energy, Inc. ($1.53 billion), and Old Dominion Freight Line, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling BORNY is an investing strategy that aims to generate trading profit from China New Borun 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 China New Borun 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 BORNY, 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 BORNY, twice per month. The most recent reporting period available is October, 31 2022.