NewCardio (NWCI) Short Interest Ratio & Short Volume

Short interest is the volume of NewCardio shares that have been sold short but have not yet been covered or closed out. As of March 15th, traders have sold 6,700 shares of NWCI short. Learn More on NewCardio's current short interest.

Here is how the short interest of companies in the industry of "medical equipment" compare to NewCardio: ADM Tronics Unlimited (0.14%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.63 billion), Charter Communications, Inc. ($5.41 billion), Analog Devices, Inc. ($5.32 billion), Baidu, Inc. ($4.45 billion), Snap Inc. ($3.86 billion), Warner Bros. Discovery, Inc. ($3.30 billion), Airbnb, Inc. ($2.82 billion), Bilibili Inc. Sponsored ADR ($2.34 billion), GameStop Corp. ($2.24 billion), and Expedia Group, Inc. ($2.21 billion). View all of the most shorted stocks.

Short selling NWCI is an investing strategy that aims to generate trading profit from NewCardio as its price is falling. NWCI shares are trading down $0.00 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 NewCardio 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 NWCI, 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 NWCI, twice per month. The most recent reporting period available is March, 15 2021.