China Merchants Bank (CIHKY) Short Interest Ratio & Short Volume

Short interest is the volume of China Merchants Bank shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 5,300 shares of CIHKY short. Learn More on China Merchants Bank's current short interest.

China Merchants Bank saw a decline in short interest in November. As of November 15th, there was short interest totaling 5,300 shares, a decline of 41.8% from the previous total of 9,100 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 Merchants Bank: American Express (0.96%), Zurich Insurance Group AG (0.00%), Coinbase Global, Inc. (14.47%), Marsh & McLennan Companies, Inc. (0.73%), The Progressive Co. (0.76%), The Charles Schwab Co. (1.20%), Allianz SE (0.00%), American Tower Co. (1.32%), Chubb Limited (0.69%), Prologis, Inc. (1.09%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling CIHKY is an investing strategy that aims to generate trading profit from China Merchants Bank as its price is falling. CIHKY shares are trading down $0.32 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 Merchants 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 CIHKY, 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 CIHKY, twice per month. The most recent reporting period available is November, 15 2023.