China Minsheng Banking Short Interest Ratio and Short Volume

Short interest is the volume of China Minsheng Banking shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 300 shares of CMAKY short.

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. China Minsheng Banking currently has a short interest ratio of 2.0.

0.00% of China Minsheng Banking's shares are currently sold short. Here is how the short interest of companies in the industry of "national commercial banks" compare to China Minsheng Banking: U.S. Bancorp (0.96%), Truist Financial Co. (0.80%), The PNC Financial Services Group, Inc. (1.48%), Capital One Financial Co. (1.06%), UBS Group AG (0.24%), National Australia Bank Limited (0.00%), DBS Group Holdings Ltd (0.00%), Intesa Sanpaolo S.p.A. (0.00%), Mizuho Financial Group, Inc. (0.00%), and Standard Chartered PLC (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 CMAKY is an investing strategy that aims to generate trading profit from China Minsheng Banking as its price is falling. To short China Minsheng Banking 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 Minsheng Banking 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 Minsheng Banking 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 CMAKY, 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 CMAKY, twice per month. The most recent reporting period available is March, 31 2021.