HIVE Blockchain Technologies (HVBTF) Short Interest Ratio & Short Volume

Short interest is the volume of HIVE Blockchain Technologies shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 806,200 shares of HVBTF short. Learn More on HIVE Blockchain Technologies' current short interest.

HIVE Blockchain Technologies saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 806,200 shares, a decline of 51.2% from the previous total of 1,651,300 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: Advanced Micro Devices, Inc. ($8.32 billion), AstraZeneca PLC ($8.20 billion), Block, Inc. ($7.79 billion), Analog Devices, Inc. ($7.16 billion), S&P Global Inc. ($7.07 billion), Aon plc ($6.17 billion), Charter Communications, Inc. ($5.38 billion), Wayfair Inc. ($4.80 billion), AMC Entertainment Holdings, Inc. ($4.28 billion), and Snowflake Inc. ($3.19 billion). View all of the most shorted stocks.

Short selling HVBTF is an investing strategy that aims to generate trading profit from HIVE Blockchain Technologies as its price is falling. 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 HIVE Blockchain Technologies 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 HVBTF, 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 HVBTF, twice per month. The most recent reporting period available is June, 30 2021.