Li & Fung (LFUGY) Short Interest Ratio & Short Volume

Short interest is the volume of Li & Fung shares that have been sold short but have not yet been covered or closed out. As of May 29th, investors have sold 3,700 shares of LFUGY short. Learn More on Li & Fung'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. LFUGY shares currently have a short interest ratio of 2.0. Learn More on Li & Fung's short interest ratio.

Here is how the short interest of companies in the sector of "business services" compare to Li & Fung: Datatec Limited (0.00%), Loomis AB (publ) (0.03%), Hays plc (0.00%), Mitie Group plc (0.00%), China Everbright Environment Group Limited (0.06%), Global Blue Group Holding AG (0.24%), NextNav Inc. (8.76%), Paysafe Limited (4.87%), Deluxe Co. (6.34%), Repay Holdings Co. (1.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.03 billion), Ecolab Inc. ($3.64 billion), Match Group, Inc. ($3.59 billion), Wayfair Inc. ($3.02 billion), Morgan Stanley ($2.87 billion), Tesla, Inc. ($2.69 billion), The Charles Schwab Co. ($2.64 billion), The Clorox Company ($2.50 billion), Zillow Group, Inc. ($1.86 billion), and International Flavors & Fragrances Inc. ($1.85 billion). View all of the most shorted stocks.

Short selling LFUGY is an investing strategy that aims to generate trading profit from Li & Fung as its price is falling. LFUGY 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 Li & Fung occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of LFUGY, 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 LFUGY, twice per month. The most recent reporting period available is May, 29 2020.