H2O Innovation (HEOFF) Short Interest Ratio & Short Volume

Short interest is the volume of H2O Innovation shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 30,000 shares of HEOFF short. Learn More on H2O Innovation'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. HEOFF shares currently have a short interest ratio of 1.0. Learn More on H2O Innovation's short interest ratio.

H2O Innovation saw a increase in short interest in November. As of November 30th, there was short interest totaling 30,000 shares, an increase of 21.0% from the previous total of 24,800 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.

Here is how the short interest of companies in the sector of "utilities" compare to H2O Innovation: Global Water Resources, Inc. (0.80%), Pure Cycle Co. (1.03%), Ellomay Capital Ltd. (0.02%), Artesian Resources Co. (1.66%), B Communications Ltd (0.00%), Consolidated Water Co. Ltd. (3.71%), Genie Energy Ltd. (5.92%), Brooge Energy Limited (0.10%), Consolidated Communications Holdings, Inc. (4.48%), The York Water Company (1.10%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($6.17 billion), Canadian Natural Resources Limited ($3.99 billion), T-Mobile US, Inc. ($3.78 billion), Charter Communications, Inc. ($3.37 billion), Coinbase Global, Inc. ($2.89 billion), Suncor Energy Inc. ($2.83 billion), Occidental Petroleum Co. ($2.64 billion), Tractor Supply ($2.31 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Rivian Automotive, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling HEOFF is an investing strategy that aims to generate trading profit from H2O Innovation as its price is falling. HEOFF shares are trading down $0.01 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 H2O Innovation 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 HEOFF, 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 HEOFF, twice per month. The most recent reporting period available is November, 30 2023.