Hero Technologies Short Interest Ratio and Short Volume

Short interest is the volume of Hero Technologies shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 24,300 shares of HENC short. 0.00% of Hero Technologies' shares are currently sold short. View details.

Hero Technologies saw a increase in short interest in December. As of December 31st, there was short interest totaling 24,300 shares, an increase of 5,975.0% from the previous total of 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.

0.00% of Hero Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Hero Technologies: Chesapeake Energy Co. (0.00%), Camber Energy, Inc. (0.00%), Viking Energy Group, Inc. (0.00%), Abraxas Petroleum Co. (8.37%), SandRidge Permian Trust (0.00%), Carbon Energy Co. (0.00%), CKX Lands, Inc. (0.07%), Gulfport Energy Co. (0.00%), Mexco Energy Co. (2.49%), and Sundance Energy Inc. (6.49%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

Short selling HENC is an investing strategy that aims to generate trading profit from Hero Technologies as its price is falling. To short Hero 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 Hero 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 Hero 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 HENC, 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 HENC, twice per month. The most recent reporting period available is December, 31 2020.