Stonepath Group (SGRZ) Short Interest Ratio & Short Volume

Short interest is the volume of Stonepath Group shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 404,200 shares of SGRZ short. Learn More on Stonepath 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. SGRZ shares currently have a short interest ratio of 202.0. Learn More on Stonepath Group's short interest ratio.

Here is how the short interest of companies in the sector of "transportation" compare to Stonepath Group: Bolloré SE (0.01%), Dynagas LNG Partners LP (0.03%), Euronav NV (10.39%), EVmo, Inc. (0.02%), FLEX LNG Ltd. (4.60%), Flughafen Wien Aktiengesellschaft (0.00%), Okeanis Eco Tankers Corp. (0.86%), Jayud Global Logistics Limited (0.31%), Roadrunner Transportation Systems, Inc. (0.02%), Radiant Logistics, Inc. (0.93%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Kansas City Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

Short selling SGRZ is an investing strategy that aims to generate trading profit from Stonepath Group as its price is falling. 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 Stonepath Group 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 SGRZ, 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 SGRZ, twice per month. The most recent reporting period available is November, 15 2021.