Minerco Short Interest Ratio and Short Volume

Short interest is the volume of Minerco shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 502,500 shares of MINE short. 0.00% of Minerco's shares are currently sold short. View details.

Minerco saw a increase in short interest in August. As of August 31st, there was short interest totaling 502,500 shares, an increase of 8,004.8% from the previous total of 6,200 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 Minerco's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer defensive" compare to Minerco: Adyen N.V. (0.00%), Alimentation Couche-Tard Inc (0.00%), Alimentation Couche-Tard Inc (0.00%), Allstar Health Brands Inc (0.00%), American Heritage International Inc (0.00%), AMINCOR INC/SH CL A (0.00%), Arca Continental SAB de CV (0.00%), Asahi Group Holdings Ltd (0.00%), Austevoll Seafood (0.00%), and Becle SAB de (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.13 billion), Aon PLC ($3.40 billion), Clorox Co ($3.09 billion), ViacomCBS Inc. ($2.81 billion), Charles Schwab Co. ($2.80 billion), Kroger Co ($1.95 billion), Simon Property Group Inc ($1.82 billion), Restoration Hardware Holdings, Inc ($1.71 billion), International Flavors & Fragrances Inc ($1.69 billion), and C.H. Robinson Worldwide Inc ($1.67 billion). View all of the most shorted stocks.

Short selling MINE is an investing strategy that aims to generate trading profit from Minerco as its price is falling. To short Minerco 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 Minerco 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 Minerco 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 MINE, 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 MINE, twice per month. The most recent reporting period available is August, 31 2020.