Ecosphere Technologies (ESPHQ) Short Interest Ratio & Short Volume

Short interest is the volume of Ecosphere Technologies shares that have been sold short but have not yet been covered or closed out. As of May 14th, investors have sold 372,300 shares of ESPHQ short. Learn More on Ecosphere Technologies' current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. ESPHQ shares currently have a short interest ratio of 1.0. Learn More on Ecosphere Technologies's short interest ratio.

Here is how the short interest of companies in the sector of "industrial products" compare to Ecosphere Technologies: ASSA ABLOY AB (publ) (0.00%), Hitachi Construction Machinery Co., Ltd. (0.00%), IHI Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($6.79 billion), Charter Communications, Inc. ($5.98 billion), Analog Devices, Inc. ($5.56 billion), S&P Global Inc. ($5.37 billion), Airbnb, Inc. ($3.72 billion), Nuance Communications, Inc. ($2.87 billion), Snap Inc. ($2.70 billion), Expedia Group, Inc. ($2.27 billion), The Kroger Co. ($2.19 billion), and VMware, Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling ESPHQ is an investing strategy that aims to generate trading profit from Ecosphere Technologies 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 Ecosphere Technologies 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 ESPHQ, 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 ESPHQ, twice per month. The most recent reporting period available is May, 14 2021.