Spark New Zealand Short Interest Ratio and Short Volume

Short interest is the volume of Spark New Zealand shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 100 shares of SPKKY short.

Spark New Zealand saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 100 shares, a decrease of 97.2% from the previous total of 3,600 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.

0.00% of Spark New Zealand's shares are currently sold short. Here is how the short interest of companies in the industry of "telephone communication, except radio" compare to Spark New Zealand: Telia Company AB (publ) (0.00%), Advanced Info Service Public Company Limited (0.00%), The Liberty SiriusXM Group (4.08%), Koninklijke KPN (0.00%), Koninklijke KPN (0.00%), Lumen Technologies, Inc. (6.96%), Telefônica Brasil S.A. (0.00%), The Liberty SiriusXM Group (2.15%), Tele2 AB (publ) (0.00%), and KT Co. (1.07%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling SPKKY is an investing strategy that aims to generate trading profit from Spark New Zealand as its price is falling. Spark New Zealand's stock is trading down $0.21 today. To short Spark New Zealand 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 Spark New Zealand 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 Spark New Zealand 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 SPKKY, 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 SPKKY, twice per month. The most recent reporting period available is March, 31 2021.