Eco-Tek Group (ETEK) Short Interest Ratio & Short Volume

Short interest is the volume of Eco-Tek Group shares that have been sold short but have not yet been covered or closed out. As of June 30th, traders have sold 49,500 shares of ETEK short. Learn More on Eco-Tek Group's current short interest.

Here is how the short interest of companies in the sector of "financial services" compare to Eco-Tek Group: AIB Acquisition Co. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($3.35 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.80 billion), Coinbase Global, Inc. ($2.58 billion), Royal Caribbean Cruises Ltd. ($2.17 billion), Moderna, Inc. ($2.13 billion), T. Rowe Price Group, Inc. ($2.11 billion), Palantir Technologies Inc. ($2.03 billion), Extra Space Storage Inc. ($1.81 billion), and Verisk Analytics, Inc. ($1.63 billion). View all of the most shorted stocks.

Short selling ETEK is an investing strategy that aims to generate trading profit from Eco-Tek Group 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-Tek Group 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 ETEK, 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 ETEK, twice per month. The most recent reporting period available is June, 30 2023.