Iochpe-Maxion (IOCJY) Short Interest Ratio & Short Volume

Short interest is the volume of Iochpe-Maxion shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 1,600 shares of IOCJY short. Learn More on Iochpe-Maxion'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. IOCJY shares currently have a short interest ratio of 16.0. Learn More on Iochpe-Maxion's short interest ratio.

Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Iochpe-Maxion: Holley Inc. (3.78%), Luminar Technologies, Inc. (20.21%), Standard Motor Products, Inc. (1.79%), Cooper-Standard Holdings Inc. (5.48%), American Axle & Manufacturing Holdings, Inc. (2.52%), Commercial Vehicle Group, Inc. (1.14%), Canoo Inc. (23.31%), Aeva Technologies, Inc. (3.81%), Gentherm Incorporated (3.45%), Dana Incorporated (4.19%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($6.62 billion), Analog Devices, Inc. ($4.85 billion), Aon plc ($4.66 billion), DuPont de Nemours, Inc. ($3.84 billion), International Flavors & Fragrances Inc. ($3.60 billion), Moderna, Inc. ($3.22 billion), Snap Inc. ($3.21 billion), Snowflake Inc. ($2.82 billion), The Kroger Co. ($2.52 billion), and Peloton Interactive, Inc. ($2.51 billion). View all of the most shorted stocks.

Short selling IOCJY is an investing strategy that aims to generate trading profit from Iochpe-Maxion 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 Iochpe-Maxion 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 IOCJY, 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 IOCJY, twice per month. The most recent reporting period available is January, 15 2021.