CTT - Correios De Portugal (CTTPY) Short Interest Ratio & Short Volume

Short interest is the volume of CTT - Correios De Portugal shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 100 shares of CTTPY short. Learn More on CTT - Correios De Portugal's current short interest.

Here is how the short interest of companies in the sector of "finance" compare to CTT - Correios De Portugal: Eagle Point Credit Company Inc. (0.36%), Foxtons Group plc (0.00%), Carlyle Secured Lending, Inc. (0.86%), Princeton Bancorp, Inc. (1.84%), Safestore Holdings Plc (0.21%), FRP Holdings, Inc. (0.31%), Whitestone REIT (2.04%), MetroCity Bankshares, Inc. (0.93%), Vinci Partners Investments Ltd. (0.30%), TPG RE Finance Trust, Inc. (3.97%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.82 billion), T-Mobile US, Inc. ($3.69 billion), Occidental Petroleum Co. ($2.90 billion), TC Energy Co. ($2.74 billion), Tractor Supply ($2.28 billion), Rivian Automotive, Inc. ($1.92 billion), Moderna, Inc. ($1.77 billion), Celsius Holdings, Inc. ($1.72 billion), Coinbase Global, Inc. ($1.66 billion), and Royal Caribbean Cruises Ltd. ($1.65 billion). View all of the most shorted stocks.

Short selling CTTPY is an investing strategy that aims to generate trading profit from CTT - Correios De Portugal 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 CTT - Correios De Portugal 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 CTTPY, 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 CTTPY, twice per month. The most recent reporting period available is October, 15 2023.