Lida Resources Short Interest Ratio and Short Volume

Short interest is the volume of Lida Resources shares that have been sold short but have not yet been covered or closed out. As of October 30th, traders have sold 52,200 shares of LDDAF short. 0.00% of Lida Resources' shares are currently sold short. View details.

Lida Resources saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 52,200 shares, an increase of 52,100.0% from the previous total of 100 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.

0.00% of Lida Resources' shares are currently sold short. Here is how the short interest of companies in the industry of "other industrial metals & mining" compare to Lida Resources: Aftermath Silver Ltd. (0.00%), Alpha Lithium Co. (0.00%), American Lithium Corp. (0.00%), AMG Advanced Metallurgical Group (0.00%), Ascendant Resources Inc. (0.00%), Ascot Resources Ltd. (0.00%), Asia Broadband, Inc. (0.00%), Atico Mining Co. (0.00%), Bluestone Resources Inc. (0.00%), and Boliden AB (publ) (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

Short selling LDDAF is an investing strategy that aims to generate trading profit from Lida Resources as its price is falling. To short Lida Resources 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 Lida Resources 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 Lida Resources 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 LDDAF, 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 LDDAF, twice per month. The most recent reporting period available is October, 30 2020.