Energy Services of America (ESOA) Short Interest Ratio & Short Volume

Short interest is the volume of Energy Services of America shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 200 shares of ESOA short. Learn More on Energy Services of America's current short interest.

Energy Services of America saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 200 shares, a decline of 91.3% from the previous total of 2,300 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 "construction" compare to Energy Services of America: Hitachi Ltd. (0.01%), Ferrovial SE (0.10%), Jacobs Solutions Inc. (2.05%), TopBuild Corp. (4.80%), APi Group Corporation (1.58%), Taylor Morrison Home Corporation (3.27%), Construction Partners, Inc. (8.15%), IES Holdings, Inc. (5.14%), Installed Building Products, Inc. (11.77%), Green Brick Partners, Inc. (3.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($6.96 billion), Charter Communications, Inc. ($5.13 billion), Palo Alto Networks, Inc. ($4.41 billion), Occidental Petroleum Corporation ($2.91 billion), Lucid Group, Inc. ($2.40 billion), Wayfair Inc. ($2.01 billion), Live Nation Entertainment, Inc. ($1.85 billion), HP Inc. ($1.84 billion), Avis Budget Group, Inc. ($1.68 billion), and Rivian Automotive, Inc. ($1.66 billion). View all of the most shorted stocks.

Short selling ESOA is an investing strategy that aims to generate trading profit from Energy Services of America as its price is falling. ESOA shares are trading up $0.28 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 Energy Services of America 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 ESOA, 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 ESOA, twice per month. The most recent reporting period available is March, 15 2022.