Singapore Exchange Short Interest Ratio and Short Volume

Short interest is the volume of Singapore Exchange shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 3,529,000 shares of SPXCF short.

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. Singapore Exchange currently has a short interest ratio of 619.0.

Singapore Exchange saw a decline in short interest in March. As of March 15th, there was short interest totaling 3,529,000 shares, a decline of 12.1% from the previous total of 4,014,000 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 Singapore Exchange's shares are currently sold short. Here is how the short interest of companies in the sector of "financial services" compare to Singapore Exchange: 3i Group plc (0.00%), 3i Group plc (0.00%), Aberdeen Australia Equity Fund, Inc. (0.00%), Aberdeen Global Premier Properties Fund (0.00%), ABN AMRO Bank (0.00%), ABN AMRO Bank (0.00%), Absa Group Limited (0.00%), Admiral Group plc (0.00%), Advent Convertible and Income Fund (0.00%), and AllianzGI Diversified Income & Convertible Fund (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

Short selling SPXCF is an investing strategy that aims to generate trading profit from Singapore Exchange as its price is falling. Singapore Exchange's stock is trading down $0.04 today. To short Singapore Exchange 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 Singapore Exchange 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 Singapore Exchange 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 SPXCF, 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 SPXCF, twice per month. The most recent reporting period available is March, 15 2021.