Energy & Technology Short Interest Ratio and Short Volume

Short interest is the volume of Energy & Technology shares that have been sold short but have not yet been covered or closed out. As of February 26th, traders have sold 100 shares of ENGT short.

Energy & Technology saw a increase in short interest during the month of February. As of February 26th, there was short interest totaling 100 shares, an increase of ∞ from the previous total of 0 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.

0.00% of Energy & Technology's shares are currently sold short. Here is how the short interest of companies in the industry of "oil & gas field services, not elsewhere classified" compare to Energy & Technology: CSI Compressco LP (0.49%), U.S. Well Services, Inc. (3.06%), Key Energy Services, Inc. (0.00%), Nine Energy Service, Inc. (0.92%), NCS Multistage Holdings, Inc. (1.49%), Nuverra Environmental Solutions, Inc. (0.05%), Hurricane Energy plc (0.00%), Enservco Co. (4.69%), Basic Energy Services, Inc. (0.00%), and ERHC Energy Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.58 billion), Aon plc ($5.72 billion), Analog Devices, Inc. ($5.42 billion), Charter Communications, Inc. ($4.94 billion), Snap Inc. ($3.85 billion), Airbnb, Inc. ($2.46 billion), Discovery, Inc. ($2.34 billion), Futu Holdings Limited ($2.31 billion), The Kroger Co. ($2.05 billion), and Palo Alto Networks, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling ENGT is an investing strategy that aims to generate trading profit from Energy & Technology as its price is falling. Energy & Technology's stock is trading up $0.00 today. To short Energy & Technology 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 Energy & Technology 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 Energy & Technology 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 ENGT, 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 ENGT, twice per month. The most recent reporting period available is February, 26 2021.