Kinnevik (KNVKF) Short Interest Ratio & Short Volume

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. KNVKF shares currently have a short interest ratio of 14.5. Learn More on Kinnevik's short interest ratio.

Kinnevik saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 24,700 shares, a decline of 65.4% from the previous total of 71,300 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 "finance" compare to Kinnevik: Hammerson PLC (0.07%), NBT Bancorp Inc. (2.01%), Banner Corporation (3.08%), First Busey Corporation (3.48%), GCM Grosvenor Inc. (3.20%), Hilltop Holdings Inc. (4.41%), WisdomTree International Hedged Quality Dividend Growth Fund (0.22%), WisdomTree India Earnings Fund (4.82%), Royce Small-Cap Trust, Inc. (0.21%), ARMOUR Residential REIT, Inc. (9.59%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.71 billion), TC Energy Corporation ($2.95 billion), Moderna, Inc. ($2.63 billion), Royal Caribbean Cruises Ltd. ($2.53 billion), Paychex, Inc. ($2.03 billion), Cencora, Inc. ($2.03 billion), Tractor Supply Company ($1.91 billion), Rivian Automotive, Inc. ($1.78 billion), United Therapeutics Corporation ($1.40 billion), and Enphase Energy, Inc. ($1.36 billion). View all of the most shorted stocks.

Short selling KNVKF is an investing strategy that aims to generate trading profit from Kinnevik as its price is falling. KNVKF shares are trading down $0.02 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 Kinnevik 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 KNVKF, 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 KNVKF, twice per month. The most recent reporting period available is June, 30 2024.