MJ (MJNE) Short Interest Ratio & Short Volume

Short interest is the volume of MJ shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 100 shares of MJNE short. Learn More on MJ's current short interest.

Here is how the short interest of companies in the industry of "business services" compare to MJ: Alta Global Group Limited (5.31%), Baosheng Media Group Holdings Limited (2.52%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply Company ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and lululemon athletica inc. ($1.58 billion). View all of the most shorted stocks.

Short selling MJNE is an investing strategy that aims to generate trading profit from MJ 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 MJ 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 MJNE, 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 MJNE, twice per month. The most recent reporting period available is July, 15 2024.