Maxcom Telecomunicaciones (MXMTY) Short Interest Ratio & Short Volume

Short interest is the volume of Maxcom Telecomunicaciones shares that have been sold short but have not yet been closed out or covered. As of August 13th, investors have sold 4,800 shares of MXMTY short. Learn More on Maxcom Telecomunicaciones' current short interest.

Here is how the short interest of companies in the sector of "utilities" compare to Maxcom Telecomunicaciones: Summer Energy Holdings, Inc. (0.00%), Polar Power, Inc. (2.56%), EuroSite Power Inc. (0.00%), Oi S.A. (0.00%), Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (0.09%), Consolidated Communications Holdings, Inc. (4.48%), Shenandoah Telecommunications (1.62%), IDT Co. (1.54%), Telephone and Data Systems, Inc. (2.59%), Telecom Argentina S.A. (0.82%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.67 billion), S&P Global Inc. ($7.87 billion), Advanced Micro Devices, Inc. ($7.80 billion), Analog Devices, Inc. ($7.03 billion), Sea Limited ($6.40 billion), Charter Communications, Inc. ($5.60 billion), Wayfair Inc. ($5.18 billion), Aon plc ($3.93 billion), CrowdStrike Holdings, Inc. ($2.52 billion), and Teladoc Health, Inc. ($2.49 billion). View all of the most shorted stocks.

Short selling MXMTY is an investing strategy that aims to generate trading profit from Maxcom Telecomunicaciones 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 Maxcom Telecomunicaciones 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 MXMTY, 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 MXMTY, twice per month. The most recent reporting period available is August, 13 2021.