Powin Energy Short Interest Ratio and Short Volume

Short interest is the volume of Powin Energy shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 100 shares of PWON 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. Powin Energy currently has a short interest ratio of 1.0.

0.00% of Powin Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "miscellaneous manufacturing industries" compare to Powin Energy: Amcor plc (1.87%), Smiths Group plc (0.00%), Soitec S.A. (0.00%), Hillenbrand, Inc. (0.00%), Brady Co. (1.72%), PlayAGS Inc (2.65%), Oil-Dri Co. of America (0.80%), Summer Infant, Inc. (0.41%), Sigma Labs, Inc. (4.78%), and Trans-Lux Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.24 billion), Aon plc ($3.67 billion), ViacomCBS Inc. ($3.07 billion), The Clorox Company ($2.89 billion), The Charles Schwab Co. ($2.79 billion), MercadoLibre, Inc. ($2.26 billion), Analog Devices, Inc. ($2.19 billion), Simon Property Group, Inc. ($2.01 billion), The Kroger Co. ($1.94 billion), and Moderna, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling PWON is an investing strategy that aims to generate trading profit from Powin Energy as its price is falling. To short Powin Energy 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 Powin Energy 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 Powin Energy 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 PWON, 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 PWON, twice per month. The most recent reporting period available is September, 15 2020.