E.On Short Interest Ratio and Short Volume

Short interest is the volume of E.On shares that have been sold short but have not yet been closed out or covered. As of February 12th, traders have sold 17,500 shares of EONGY short.

E.On saw a decrease in short interest during the month of February. As of February 12th, there was short interest totaling 17,500 shares, a decrease of 47.4% from the previous total of 33,300 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.

0.00% of E.On's shares are currently sold short. Here is how the short interest of companies in the industry of "electric & other services combined" compare to E.On: Duke Energy Co. (0.00%), Exelon Co. (0.00%), Xcel Energy Inc. (0.00%), Public Service Enterprise Group Incorporated (0.91%), WEC Energy Group, Inc. (1.17%), Consolidated Edison, Inc. (0.00%), PG&E Co. (0.00%), Ameren Co. (0.00%), CMS Energy Co. (0.00%), and Evergy, Inc. (1.31%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling EONGY is an investing strategy that aims to generate trading profit from E.On as its price is falling. To short E.On 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 E.On 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 E.On 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 EONGY, 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 EONGY, twice per month. The most recent reporting period available is February, 12 2021.