Greenway Technologies Short Interest Ratio and Short Volume

Short interest is the volume of Greenway Technologies shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 2,300 shares of GWTI short.

Greenway Technologies saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,300 shares, an increase of 187.5% from the previous total of 800 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.

0.00% of Greenway Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "oil & gas equipment & services" compare to Greenway Technologies: Akastor ASA (0.00%), Aker ASA (0.00%), BW Offshore Limited (0.00%), China Oilfield Services Limited (0.00%), Enerflex Ltd. (0.00%), Essential Energy Services Ltd. (0.00%), Fugro (0.00%), Galenfeha, Inc. (0.00%), Hunting PLC (0.00%), and Integrated Drilling Equipment Holdings Corp. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling GWTI is an investing strategy that aims to generate trading profit from Greenway Technologies as its price is falling. Greenway Technologies' stock is trading up $0.00 today. To short Greenway Technologies 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 Greenway Technologies 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 Greenway Technologies 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 GWTI, 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 GWTI, twice per month. The most recent reporting period available is April, 15 2021.