Nippon Steel (NPSCY) Short Interest Ratio & Short Volume

Short interest is the volume of Nippon Steel shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 47,400 shares of NPSCY short. Learn More on Nippon Steel's current short interest.

Nippon Steel saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 47,400 shares, a decrease of 22.7% from the previous total of 61,300 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.

Here is how the short interest of companies in the sector of "basic materials" compare to Nippon Steel: Gerdau S.A. (0.28%), SSAB AB (publ) (0.00%), Cameco Co. (4.94%), ArcelorMittal S.A. (0.72%), Steel Dynamics, Inc. (3.31%), Franco-Nevada Co. (1.58%), Westlake Co. (4.43%), Wheaton Precious Metals Corp. (4.25%), Reliance, Inc. (1.19%), Teck Resources Limited (1.26%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling NPSCY is an investing strategy that aims to generate trading profit from Nippon Steel as its price is falling. NPSCY shares are trading down $0.11 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 Nippon Steel 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 NPSCY, 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 NPSCY, twice per month. The most recent reporting period available is April, 15 2024.