New America Energy Short Interest Ratio and Short Volume

Short interest is the volume of New America Energy shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 33,800 shares of NECA short.

New America Energy saw a increase in short interest in April. As of April 15th, there was short interest totaling 33,800 shares, an increase of ∞ from the previous total of 0 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 New America Energy's shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to New America Energy: Aben Resources Ltd. (0.00%), Acadian Timber Corp. (0.00%), ADBRI Limited (0.00%), Adbri Limited (0.00%), Adriatic Metals PLC (0.00%), Adventus Mining Co. (0.00%), African Minerals Limited (0.00%), Aftermath Silver Ltd. (0.00%), Akzo Nobel (0.00%), and Almonty Industries Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling NECA is an investing strategy that aims to generate trading profit from New America Energy as its price is falling. To short New America Energy 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 New America Energy 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 New America Energy 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 NECA, 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 NECA, twice per month. The most recent reporting period available is April, 15 2021.