China YiBai United Guarantee International Short Interest Ratio and Short Volume

Short interest is the volume of China YiBai United Guarantee International shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 4,400 shares of CBGH short.

China YiBai United Guarantee International saw a drop in short interest in March. As of March 31st, there was short interest totaling 4,400 shares, a drop of 47.0% from the previous total of 8,300 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 China YiBai United Guarantee International's shares are currently sold short. Here is how the short interest of companies in the industry of "nondepository credit institutions" compare to China YiBai United Guarantee International: Elevate Credit, Inc. (1.47%), Consumer Portfolio Services, Inc. (0.92%), Weidai Ltd. (0.00%), Senmiao Technology Limited (0.00%), Mitesco Inc. (0.00%), Harvest Capital Credit Co. (0.00%), SOS Limited (0.00%), Xiaobai Maimai Inc. (0.00%), Dunxin Financial Holdings Limited (0.00%), and LM Funding America, 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 CBGH is an investing strategy that aims to generate trading profit from China YiBai United Guarantee International as its price is falling. China YiBai United Guarantee International's stock is trading down $0.04 today. To short China YiBai United Guarantee International 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 China YiBai United Guarantee International 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 YiBai United Guarantee International 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 CBGH, 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 CBGH, twice per month. The most recent reporting period available is March, 31 2021.