South32 (SOUHY) Short Interest Ratio & Short Volume

Short interest is the volume of South32 shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 13,200 shares of SOUHY short. Learn More on South32's current short interest.

South32 saw a drop in short interest in September. As of September 15th, there was short interest totaling 13,200 shares, a drop of 86.5% from the previous total of 97,700 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 "basic materials" compare to South32: Cleveland-Cliffs Inc. (8.41%), Atlas Copco AB (0.05%), Lundin Mining Co. (1.04%), Impala Platinum Holdings Limited (0.02%), Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel (0.01%), MP Materials Corp. (9.79%), Lithium Americas Corp. (12.46%), First Quantum Minerals Ltd. (0.68%), Anglo American plc (0.00%), Stora Enso Oyj (0.01%),

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 SOUHY is an investing strategy that aims to generate trading profit from South32 as its price is falling. SOUHY shares are trading down $0.08 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 South32 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 SOUHY, 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 SOUHY, twice per month. The most recent reporting period available is September, 15 2023.