Orkla ASA (ORKLY) Short Interest Ratio & Short Volume

Short interest is the volume of Orkla ASA shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 15,700 shares of ORKLY short. Learn More on Orkla ASA's current short interest.

Orkla ASA saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 15,700 shares, an increase of 3,040.0% 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 "multi-sector conglomerates" compare to Orkla ASA: Koninklijke KPN (0.10%), TROOPS, Inc. (0.56%), Grupo Carso, S.A.B. de C.V. (0.00%), CK Hutchison Holdings Limited (0.01%), JX Luxventure Limited (0.22%), Ault Alliance, Inc. (5.12%), Antelope Enterprise Holdings Limited (1.00%), Fresh2 Group Limited (0.99%), Addentax Group Corp. (1.89%), Alset Inc. (0.08%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling ORKLY is an investing strategy that aims to generate trading profit from Orkla ASA as its price is falling. ORKLY shares are trading down $0.04 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 Orkla ASA 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 ORKLY, 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 ORKLY, twice per month. The most recent reporting period available is March, 31 2024.