Outokumpu Oyj Short Interest Ratio and Short Volume

Short interest is the volume of Outokumpu Oyj shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 1,100 shares of OUTKY short.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Outokumpu Oyj currently has a short interest ratio of 1.0.

Outokumpu Oyj saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,100 shares, a decline of 15.4% from the previous total of 1,300 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.

0.00% of Outokumpu Oyj's shares are currently sold short. Here is how the short interest of companies in the industry of "private households" compare to Outokumpu Oyj: Mitsubishi Heavy Industries, Ltd. (0.00%), The Sage Group plc (0.00%), Arkema S.A. (0.00%), Kunlun Energy Company Limited (0.00%), DiaSorin S.p.A. (0.00%), Daiwa Securities Group Inc. (0.00%), Amplifon S.p.A. (0.00%), United Internet AG (0.00%), thyssenkrupp AG (0.00%), and Commerzbank AG (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling OUTKY is an investing strategy that aims to generate trading profit from Outokumpu Oyj as its price is falling. To short Outokumpu Oyj 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 Outokumpu Oyj 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 Outokumpu Oyj 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 OUTKY, 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 OUTKY, twice per month. The most recent reporting period available is April, 15 2021.