Ocado Group (OCDDY) Short Interest Ratio & Short Volume

Short interest is the volume of Ocado Group shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 89,600 shares of OCDDY short. Learn More on Ocado Group's current short interest.

Ocado Group saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 89,600 shares, a drop of 14.9% from the previous total of 105,300 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 "retail/wholesale" compare to Ocado Group: Woolworths Holdings Limited (0.00%), Burberry Group plc (0.01%), MonotaRO Co., Ltd. (0.00%), Domino's Pizza Group plc (0.00%), Zalando SE (0.00%), Carrefour SA (0.00%), Chow Tai Fook Jewellery Group Limited (0.00%), NEXT plc (0.00%), Tripadvisor, Inc. (6.29%), GMS Inc. (2.90%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling OCDDY is an investing strategy that aims to generate trading profit from Ocado Group as its price is falling. OCDDY shares are trading down $0.23 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 Ocado Group 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 OCDDY, 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 OCDDY, twice per month. The most recent reporting period available is April, 30 2024.