KinerjaPay (KPAY) Short Interest Ratio & Short Volume

Short interest is the volume of KinerjaPay shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 401,200 shares of KPAY short. Learn More on KinerjaPay's current short interest.

KinerjaPay saw a increase in short interest in August. As of August 31st, there was short interest totaling 401,200 shares, an increase of ∞ from the previous total of 0 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 industry of "electronic equipment" compare to KinerjaPay: Ebang International Holdings Inc. (0.13%), Franklin Wireless Corp. (0.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling KPAY is an investing strategy that aims to generate trading profit from KinerjaPay 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 KinerjaPay 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 KPAY, 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 KPAY, twice per month. The most recent reporting period available is August, 31 2021.