China Construction Bank - CICHY Short Interest Ratio & Short Volume

Short interest is the volume of China Construction Bank shares that have been sold short but have not yet been covered or closed out. As of January 15th, traders have sold 104,000 shares of CICHY short. Learn More on China Construction Bank's current short interest.

China Construction Bank saw a increase in short interest in January. As of January 15th, there was short interest totaling 104,000 shares, an increase of 300.0% from the previous total of 26,000 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 "finance" compare to China Construction Bank: UniCredit S.p.A. (0.21%), China Merchants Bank Co., Ltd. (0.00%), Morgan Stanley (1.27%), Invesco QQQ Trust (12.18%), HSBC Holdings plc (0.25%), Ping An Insurance (Group) Company of China, Ltd. (0.00%), Wells Fargo & Company (0.63%), The Charles Schwab Co. (1.06%), Royal Bank of Canada (1.20%), and Industrial and Commercial Bank of China Limited (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling CICHY is an investing strategy that aims to generate trading profit from China Construction Bank as its price is falling. CICHY shares are trading up $0.10 today. 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 Construction Bank 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 CICHY, 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 CICHY, twice per month. The most recent reporting period available is January, 15 2023.