KAZ Minerals (KZMYY) Short Interest Ratio & Short Volume

Short interest is the volume of KAZ Minerals shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 700 shares of KZMYY short. Learn More on KAZ Minerals' current short interest.

Here is how the short interest of companies in the sector of "basic materials" compare to KAZ Minerals: Gold Fields Limited (0.98%), Nippon Steel & Sumitomo Metal Corp. (0.01%), LyondellBasell Industries N.V. (4.47%), Dow Inc. (5.03%), AngloGold Ashanti PLC (2.36%), Steel Dynamics, Inc. (2.60%), International Flavors & Fragrances Inc. (2.12%), Kinross Gold Corporation (1.31%), Teck Resources Ltd (2.91%), POSCO (0.46%),

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 KZMYY is an investing strategy that aims to generate trading profit from KAZ Minerals as its price is falling. KZMYY shares are trading up $0.07 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 KAZ Minerals 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 KZMYY, 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 KZMYY, twice per month. The most recent reporting period available is August, 31 2021.