Eco Science Solutions (ESSI) Short Interest Ratio & Short Volume

Short interest is the volume of Eco Science Solutions shares that have been sold short but have not yet been closed out or covered. As of February 28th, investors have sold 4,000 shares of ESSI short. Learn More on Eco Science Solutions' 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. ESSI shares currently have a short interest ratio of 3.0. Learn More on Eco Science Solutions's short interest ratio.

Here is how the short interest of companies in the industry of "auto parts" compare to Eco Science Solutions: PARTS iD, Inc. (4.92%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.96 billion), Palo Alto Networks, Inc. ($4.37 billion), Lucid Group, Inc. ($2.87 billion), Moderna, Inc. ($2.70 billion), Rivian Automotive, Inc. ($2.31 billion), Wayfair Inc. ($2.29 billion), Snap Inc. ($2.23 billion), Datadog, Inc. ($2.21 billion), Live Nation Entertainment, Inc. ($1.96 billion), and Zoom Video Communications, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling ESSI is an investing strategy that aims to generate trading profit from Eco Science Solutions 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 Eco Science Solutions 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 ESSI, 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 ESSI, twice per month. The most recent reporting period available is February, 28 2022.