i-CABLE Communications (ICABY) Short Interest Ratio & Short Volume

Short interest is the volume of i-CABLE Communications shares that have been sold short but have not yet been covered or closed out. As of August 13th, investors have sold 100 shares of ICABY short. Learn More on i-CABLE Communications' current short interest.

i-CABLE Communications saw a decline in short interest in August. As of August 13th, there was short interest totaling 100 shares, a decline of 97.6% from the previous total of 4,100 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 "consumer discretionary" compare to i-CABLE Communications: Cineverse Corp. (2.30%), Sound Group Inc. (0.55%), HWH International Inc. (0.74%), SRM Entertainment, Inc. (3.20%), Brera Holdings PLC (5.63%), Fujian Blue Hat Interactive Entertainment Technology Ltd. (0.54%), Longwen Group Corp. (0.00%), FaZe Holdings Inc. (1.43%), Hall of Fame Resort & Entertainment (9.64%), Beasley Broadcast Group, Inc. (0.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.67 billion), S&P Global Inc. ($7.87 billion), Advanced Micro Devices, Inc. ($7.80 billion), Analog Devices, Inc. ($7.03 billion), Sea Limited ($6.40 billion), Charter Communications, Inc. ($5.60 billion), Wayfair Inc. ($5.18 billion), Aon plc ($3.93 billion), CrowdStrike Holdings, Inc. ($2.52 billion), and Teladoc Health, Inc. ($2.49 billion). View all of the most shorted stocks.

Short selling ICABY is an investing strategy that aims to generate trading profit from i-CABLE Communications 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 i-CABLE Communications 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 ICABY, 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 ICABY, twice per month. The most recent reporting period available is August, 13 2021.