Spark New Zealand (SPKKY) Short Interest Ratio & 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, investors have sold 900 shares of SPKKY short. Learn More on Spark New Zealand's current short interest.

Spark New Zealand saw a increase in short interest in March. As of March 31st, there was short interest totaling 900 shares, an increase of 28.6% from the previous total of 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 "utilities" compare to Spark New Zealand: Telephone and Data Systems, Inc. (2.39%), Vivendi SE (0.00%), Koninklijke KPN (0.00%), Telefônica Brasil S.A. (0.08%), Telecom Italia S.p.A. (0.00%), Southwest Gas Holdings, Inc. (4.19%), UGI Co. (2.41%), MDU Resources Group, Inc. (1.44%), National Fuel Gas (2.94%), IDACORP, Inc. (2.72%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 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. SPKKY shares are trading down $0.03 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 Spark New Zealand 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 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 2024.