Kobe Steel (KBSTF) Short Interest Ratio & Short Volume

Short interest is the volume of Kobe Steel shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 1,358,000 shares of KBSTF short. Learn More on Kobe Steel's current short interest.

Kobe Steel saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,358,000 shares, a decline of 25.9% from the previous total of 1,833,500 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 "basic materials" compare to Kobe Steel: Hongli Group Inc. (2.86%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling KBSTF is an investing strategy that aims to generate trading profit from Kobe Steel 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 Kobe Steel 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 KBSTF, 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 KBSTF, twice per month. The most recent reporting period available is March, 31 2024.