Environmental Service Professionals (EVSP) Short Interest Ratio & Short Volume

Short interest is the volume of Environmental Service Professionals shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 105,100 shares of EVSP short. Learn More on Environmental Service Professionals' current short interest.

Environmental Service Professionals saw a drop in short interest in August. As of August 31st, there was short interest totaling 105,100 shares, a drop of 22.2% from the previous total of 135,100 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 sector of "business services" compare to Environmental Service Professionals: Full Truck Alliance Co. Ltd. (4.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling EVSP is an investing strategy that aims to generate trading profit from Environmental Service Professionals 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 Environmental Service Professionals 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 EVSP, 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 EVSP, twice per month. The most recent reporting period available is August, 31 2021.