SSAB AB (publ) Short Interest Ratio and Short Volume

SSAB AB (publ) (OTCMKTS:SSAAY) Short Interest Frequently Asked Questions

What is SSAB AB (publ)'s current short interest?

Short interest is the volume of SSAB AB (publ) shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 100 shares of SSAAY short. Learn More on SSAB AB (publ)'s current short interest.

Is SSAB AB (publ)'s short interest increasing or decreasing?

SSAB AB (publ) saw a decline in short interest in December. As of December 31st, there was short interest totaling 100 shares, a decline of 92.9% from the previous total of 1,400 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.

How does SSAB AB (publ)'s short interest compare to its competitors?

Here is how the short interest of companies in the sector of "basic materials" compare to SSAB AB (publ): Wilmar International Limited (0.00%), POSCO (0.09%), Akzo Nobel (0.00%), First Quantum Minerals Ltd. (0.00%), Wheaton Precious Metals Corp. (2.44%), International Paper (2.16%), Celanese Co. (1.06%), Teck Resources Limited (1.32%), Novozymes A/S (0.00%), and Eastman Chemical (2.46%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($9.39 billion), Advanced Micro Devices, Inc. ($9.08 billion), Charter Communications, Inc. ($7.16 billion), Palo Alto Networks, Inc. ($4.05 billion), Lucid Group Inc ($3.43 billion), Wayfair Inc. ($3.11 billion), Rivian ($3.05 billion), Datadog, Inc. ($2.76 billion), Zscaler, Inc. ($2.55 billion), and Etsy, Inc. ($1.99 billion). View all of the most shorted stocks.

What does it mean to sell short SSAB AB (publ) stock?

Short selling SSAAY is an investing strategy that aims to generate trading profit from SSAB AB (publ) as its price is falling. SSAB AB (publ)'s stock is trading down $0.17 today. To short SSAB AB (publ) 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 SSAB AB (publ) 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.

How does a short squeeze work against SSAB AB (publ)?

A short squeeze for SSAB AB (publ) 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 SSAAY, which in turn drives the price of the stock up even further.

How often is SSAB AB (publ)'s short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SSAAY, twice per month. The most recent reporting period available is December, 31 2021.