Fortum Oyj - FOJCY Short Interest Ratio & Short Volume

Short interest is the volume of Fortum Oyj shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 4,400 shares of FOJCY short. Learn More on Fortum Oyj's current short interest.

Fortum Oyj saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 4,400 shares, a decline of 53.7% from the previous total of 9,500 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling FOJCY is an investing strategy that aims to generate trading profit from Fortum Oyj as its price is falling. FOJCY shares are trading down $0.16 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 Fortum Oyj 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 FOJCY, 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 FOJCY, twice per month. The most recent reporting period available is March, 15 2023.