Stagecoach Group Short Interest Ratio and Short Volume

Short interest is the volume of Stagecoach Group shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 2,400 shares of SAGKF short. Learn More on Stagecoach Group's current short interest.

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. Stagecoach Group currently has a short interest ratio of 2.0. Learn More on a good short interest ratio for Stagecoach Group

Stagecoach Group saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,400 shares, a decrease of 99.0% from the previous total of 230,100 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 Stagecoach Group's shares are currently sold short. Here is how the short interest of companies in the industry of "motor vehicles & car bodies" compare to Stagecoach Group: Niu Technologies (3.96%), The Shyft Group, Inc. (2.41%), Lordstown Motors Corp. (28.23%), REV Group, Inc. (3.00%), Workhorse Group Inc. (36.48%), Ideanomics, Inc. (0.00%), Electric Last Mile Solutions, Inc. (2.13%), Lightning eMotors, Inc. (12.84%), Electrameccanica Vehicles Corp. (18.32%), and Kandi Technologies Group, Inc. (18.03%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling SAGKF is an investing strategy that aims to generate trading profit from Stagecoach Group as its price is falling. To short Stagecoach Group 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 Stagecoach Group 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 Stagecoach Group 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 SAGKF, 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 SAGKF, twice per month. The most recent reporting period available is August, 31 2021.