Konami (KNMCY) Short Interest Ratio & Short Volume

Short interest is the volume of Konami shares that have been sold short but have not yet been covered or closed out. As of January 15th, traders have sold 3,300 shares of KNMCY short. Learn More on Konami'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. KNMCY shares currently have a short interest ratio of 8.0. Learn More on Konami's short interest ratio.

Here is how the short interest of companies in the sector of "computer and technology" compare to Konami: GitLab Inc. (4.20%), Informatica Inc. (4.29%), The Descartes Systems Group Inc. (0.73%), AppFolio, Inc. (3.34%), Ceridian HCM Holding Inc. (5.41%), Dropbox, Inc. (8.11%), monday.com Ltd. (6.23%), Dayforce Inc (6.77%), Paylocity Holding Co. (6.00%), Guidewire Software, Inc. (3.45%),

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 KNMCY is an investing strategy that aims to generate trading profit from Konami as its price is falling. KNMCY shares are trading down $0.29 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 Konami 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 KNMCY, 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 KNMCY, twice per month. The most recent reporting period available is January, 15 2021.