South Beach Spirits (SBES) Short Interest Ratio & Short Volume

Short interest is the volume of South Beach Spirits shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 159,300 shares of SBES short. Learn More on South Beach Spirits' current short interest.

South Beach Spirits saw a increase in short interest in October. As of October 15th, there was short interest totaling 159,300 shares, an increase of 14.4% from the previous total of 139,300 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.

Here is how the short interest of companies in the sector of "consumer defensive" compare to South Beach Spirits: Vintage Wine Estates, Inc. (6.96%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.82 billion), T-Mobile US, Inc. ($3.69 billion), Occidental Petroleum Co. ($2.90 billion), TC Energy Co. ($2.74 billion), Tractor Supply ($2.28 billion), Rivian Automotive, Inc. ($1.92 billion), Moderna, Inc. ($1.77 billion), Celsius Holdings, Inc. ($1.72 billion), Coinbase Global, Inc. ($1.66 billion), and Royal Caribbean Cruises Ltd. ($1.65 billion). View all of the most shorted stocks.

Short selling SBES is an investing strategy that aims to generate trading profit from South Beach Spirits as its price is falling. SBES shares are trading down $0.00 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 South Beach Spirits 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 SBES, 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 SBES, twice per month. The most recent reporting period available is October, 15 2023.