Sandvik AB (publ) (SDVKY) Short Interest Ratio & Short Volume

Short interest is the volume of Sandvik AB (publ) shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 50,500 shares of SDVKY short. Learn More on Sandvik AB (publ)'s current short interest.

Sandvik AB (publ) saw a drop in short interest in September. As of September 15th, there was short interest totaling 50,500 shares, a drop of 15.3% from the previous total of 59,600 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 "industrial products" compare to Sandvik AB (publ): Epiroc AB (publ) (0.00%), ASSA ABLOY AB (publ) (0.00%), Disco Co. (0.00%), Techtronic Industries Company Limited (0.01%), Ashtead Group plc (0.01%), Brambles Limited (0.01%), Dai Nippon Printing Co., Ltd. (0.00%), AGC Inc. (0.00%), Atlas Copco AB (0.00%), KONE Oyj (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling SDVKY is an investing strategy that aims to generate trading profit from Sandvik AB (publ) as its price is falling. SDVKY shares are trading up $0.45 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 Sandvik AB (publ) 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 SDVKY, 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 SDVKY, twice per month. The most recent reporting period available is September, 15 2023.