1847 (EFSH) Short Interest Ratio & Short Volume

Short interest is the volume of 1847 shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 7,500 shares of EFSH short. Learn More on 1847's current short interest.

1847 saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,500 shares, an increase of 2,400.0% from the previous total of 300 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 industry of "business services" compare to 1847: VCI Global Limited (30.85%), Quhuo Limited (0.61%), Society Pass Incorporated (3.43%), CDT Environmental Technology Investment Holdings Limited (1.91%), Paranovus Entertainment Technology Ltd. (0.14%), ITEX Co. (0.01%), Future FinTech Group Inc. (3.25%), Simpple Ltd. (0.68%), Sparta Commercial Services, Inc. (0.01%), CompuMed, Inc. (0.48%),

As of the most recent reporting period, the following stocks had the largest short interest positions: KLA Corporation ($2.87 billion), Lucid Group, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.08 billion), Coinbase Global, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.85 billion), Chesapeake Energy Co. ($1.81 billion), Rivian Automotive, Inc. ($1.64 billion), Lumen Technologies, Inc. ($1.61 billion), Plug Power, Inc. ($1.50 billion), and Generac Holdings Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling EFSH is an investing strategy that aims to generate trading profit from 1847 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 1847 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 EFSH, 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 EFSH, twice per month. The most recent reporting period available is July, 31 2022.