Eline Entertainment Group (EEGI) Short Interest Ratio & Short Volume

Short interest is the volume of Eline Entertainment Group shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 30,000 shares of EEGI short. Learn More on Eline Entertainment Group's current short interest.

Here is how the short interest of companies in the industry of "shell companies" compare to Eline Entertainment Group: AIB Acquisition Co. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling EEGI is an investing strategy that aims to generate trading profit from Eline Entertainment Group 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 Eline Entertainment Group 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 EEGI, 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 EEGI, twice per month. The most recent reporting period available is May, 15 2024.