Hudson's Bay (HBAYF) Short Interest Ratio & Short Volume

Short interest is the volume of Hudson's Bay shares that have been sold short but have not yet been covered or closed out. As of February 28th, investors have sold 311,600 shares of HBAYF short. Learn More on Hudson's Bay's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. HBAYF shares currently have a short interest ratio of 10.0. Learn More on Hudson's Bay's short interest ratio.

Hudson's Bay saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 311,600 shares, an increase of 22.0% from the previous total of 255,400 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: Charter Communications, Inc. ($4.18 billion), Microchip Technology Incorporated ($2.36 billion), McKesson Corporation ($2.18 billion), Tiffany & Co. ($1.90 billion), The Charles Schwab Corporation ($1.85 billion), Match Group Inc. ($1.60 billion), Hormel Foods Corporation ($1.59 billion), The Clorox Company ($1.52 billion), eBay Inc. ($1.45 billion), and Lumen Technologies, Inc. ($1.30 billion). View all of the most shorted stocks.

Short selling HBAYF is an investing strategy that aims to generate trading profit from Hudson's Bay as its price is falling. HBAYF shares are trading down $0.02 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 Hudson's Bay 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 HBAYF, 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 HBAYF, twice per month. The most recent reporting period available is February, 28 2020.