ECA Marcellus Trust I (ECT) Short Interest Ratio & Short Volume

Short interest is the volume of ECA Marcellus Trust I shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 33,600 shares of ECT short. 0.19% of ECA Marcellus Trust I's shares are currently sold short. Learn More on ECA Marcellus Trust I's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.19% of ECA Marcellus Trust I's floating shares are currently sold short.

ECA Marcellus Trust I saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 33,600 shares, an increase of 121.1% from the previous total of 15,200 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.

ECA Marcellus Trust I currently has issued a total of 17,605,000 shares. Some of ECA Marcellus Trust I's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. ECA Marcellus Trust I currently has a public float of 17,600,000 shares.

0.19% of ECA Marcellus Trust I's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to ECA Marcellus Trust I: ECA Marcellus Trust I (0.01%), Royale Energy, Inc. (0.00%), Altex Industries, Inc. (0.04%), Groove Botanicals, Inc. (0.00%), Victory Oilfield Tech, Inc. (0.00%), Trio Petroleum Corp. (0.53%), Chesapeake Granite Wash Trust (0.01%), Alternus Clean Energy Inc (4.87%), Heliogen, Inc. (2.74%), Enservco Co. (2.86%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.01 billion), Wayfair Inc. ($4.31 billion), Tesla, Inc. ($3.42 billion), Aon plc ($3.08 billion), The Clorox Company ($2.79 billion), The Charles Schwab Co. ($2.61 billion), Moderna, Inc. ($2.01 billion), The Kroger Co. ($1.98 billion), Zillow Group, Inc. ($1.91 billion), and Snap Inc. ($1.86 billion). View all of the most shorted stocks.

Short selling ECT is an investing strategy that aims to generate trading profit from ECA Marcellus Trust I as its price is falling. ECT shares are trading down $0.01 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 ECA Marcellus Trust I 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 ECT, 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 ECT, twice per month. The most recent reporting period available is July, 31 2020.