Hong Kong and China Gas (HOKCY) Short Interest Ratio & Short Volume

Short interest is the volume of Hong Kong and China Gas shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 100 shares of HOKCY short. Learn More on Hong Kong and China Gas' current short interest.

Hong Kong and China Gas saw a increase in short interest in May. As of May 15th, there was short interest totaling 100 shares, an increase of ∞ from the previous total of 0 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 Hong Kong and China Gas: RWE Aktiengesellschaft (0.00%), Atmos Energy Co. (4.06%), CMS Energy Co. (3.16%), CenterPoint Energy, Inc. (1.19%), Koninklijke KPN (0.00%), Avangrid, Inc. (5.95%), Telenor ASA (0.00%), ENN Energy Holdings Limited (0.00%), Telefônica Brasil S.A. (0.24%), The AES Co. (2.50%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling HOKCY is an investing strategy that aims to generate trading profit from Hong Kong and China Gas as its price is falling. HOKCY 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 Hong Kong and China Gas 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 HOKCY, 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 HOKCY, twice per month. The most recent reporting period available is May, 15 2023.