Sterling Consolidated (STCC) Short Interest Ratio & Short Volume

Short interest is the volume of Sterling Consolidated shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 6,700 shares of STCC short. Learn More on Sterling Consolidated's current short interest.

Sterling Consolidated saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 6,700 shares, an increase of 8.1% from the previous total of 6,200 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 "industrial products" compare to Sterling Consolidated: Sharing Economy International Inc. (0.00%), Electronic Control Security Inc. (0.00%), GEA Group Aktiengesellschaft (0.03%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling STCC is an investing strategy that aims to generate trading profit from Sterling Consolidated as its price is falling. 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 Sterling Consolidated 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 STCC, 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 STCC, twice per month. The most recent reporting period available is January, 15 2023.