Olympus (OCPNY) Short Interest Ratio & Short Volume

Short interest is the volume of Olympus shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 100 shares of OCPNY short. Learn More on Olympus' current short interest.

Olympus saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 100 shares, a decline of 80.0% from the previous total of 500 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 "medical" compare to Olympus: Straumann Holding AG (0.47%), Align Technology, Inc. (1.96%), ICON Public Limited (1.93%), argenx SE (2.24%), Zimmer Biomet Holdings, Inc. (2.08%), Merck KGaA (0.43%), Terumo Co. (0.00%), Molina Healthcare, Inc. (1.65%), BioNTech SE (1.33%), Cardinal Health, Inc. (3.60%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling OCPNY is an investing strategy that aims to generate trading profit from Olympus as its price is falling. OCPNY shares are trading down $0.25 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 Olympus 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 OCPNY, 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 OCPNY, twice per month. The most recent reporting period available is January, 15 2023.