Kingfisher (KGFHY) Short Interest Ratio & Short Volume

Short interest is the volume of Kingfisher shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 4,800 shares of KGFHY short. Learn More on Kingfisher's current short interest.

Kingfisher saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 4,800 shares, a drop of 62.8% from the previous total of 12,900 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 "retail/wholesale" compare to Kingfisher: Wingstop Inc. (8.20%), AutoNation, Inc. (20.74%), Global-e Online Ltd. (5.37%), Lithia Motors, Inc. (12.46%), MINISO Group Holding Limited (1.42%), Tempur Sealy International, Inc. (5.82%), Levi Strauss & Co. (2.28%), Capri Holdings Limited (5.31%), Advance Auto Parts, Inc. (3.62%), Dillard's, Inc. (18.01%),

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 KGFHY is an investing strategy that aims to generate trading profit from Kingfisher as its price is falling. KGFHY shares are trading up $0.10 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 Kingfisher 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 KGFHY, 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 KGFHY, twice per month. The most recent reporting period available is May, 15 2023.