Wetouch Technology (GLFW) Short Interest Ratio & Short Volume

Short interest is the volume of Wetouch Technology shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 13,600 shares of GLFW short. Learn More on Wetouch Technology's current short interest.

Wetouch Technology saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 13,600 shares, an increase of 12.4% from the previous total of 12,100 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 "computer and technology" compare to Wetouch Technology: Wetouch Technology Inc. (0.00%), Moatable, Inc. (0.10%), GSE Systems, Inc. (2.03%), Uxin Limited (1.94%), Agent Information Software, Inc. (0.03%), VS MEDIA Holdings Limited (0.83%), Erayak Power Solution Group Inc. (0.00%), Ryvyl Inc. (2.33%), Socket Mobile, Inc. (0.41%), Destiny Media Technologies Inc. (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.91 billion), Aon plc ($3.68 billion), The Clorox Company ($2.92 billion), Analog Devices, Inc. ($2.35 billion), Uber Technologies, Inc. ($2.27 billion), Moderna, Inc. ($2.14 billion), The Kroger Co. ($2.14 billion), Datadog, Inc. ($2.00 billion), Simon Property Group, Inc. ($1.85 billion), and International Flavors & Fragrances Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling GLFW is an investing strategy that aims to generate trading profit from Wetouch Technology 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 Wetouch Technology 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 GLFW, 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 GLFW, twice per month. The most recent reporting period available is September, 30 2020.