Enviro Technologies U.S. (EVTN) Short Interest Ratio & Short Volume

Short interest is the volume of Enviro Technologies U.S. shares that have been sold short but have not yet been closed out or covered. As of January 31st, traders have sold 3,700 shares of EVTN short. Learn More on Enviro Technologies U.S.'s current short interest.

Enviro Technologies U.S. saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 3,700 shares, an increase of 12.1% from the previous total of 3,300 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 compare to Enviro Technologies U.S.: iShares Agency Bond ETF (0.09%), Desktop Metal, Inc. (15.49%), Intevac, Inc. (0.36%), Trio-Tech International (0.55%), Pharma-Bio Serv Inc. (0.00%), reAlpha Tech Corp. (5.93%), Direct Digital Holdings, Inc. (2.08%), DIH Holding US, Inc. (4.10%), Banzai International, Inc. (6.17%), Abits Group Inc. (6.31%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.19 billion), Snowflake Inc. ($2.35 billion), T. Rowe Price Group, Inc. ($2.14 billion), Coinbase Global, Inc. ($2.14 billion), Paramount Global ($1.99 billion), Etsy, Inc. ($1.76 billion), Lucid Group, Inc. ($1.70 billion), Wayfair Inc. ($1.63 billion), Old Dominion Freight Line, Inc. ($1.61 billion), and CarMax, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling EVTN is an investing strategy that aims to generate trading profit from Enviro Technologies U.S. as its price is falling. EVTN shares are trading down $0.00 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 Enviro Technologies U.S. 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 EVTN, 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 EVTN, twice per month. The most recent reporting period available is January, 31 2023.