Svenska Cellulosa Aktiebolaget SCA (publ) (SVCBY) Short Interest Ratio & Short Volume

Short interest is the volume of Svenska Cellulosa Aktiebolaget SCA (publ) shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 1,000 shares of SVCBY short. Learn More on Svenska Cellulosa Aktiebolaget SCA (publ)'s current short interest.

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. SVCBY shares currently have a short interest ratio of 2.0. Learn More on Svenska Cellulosa Aktiebolaget SCA (publ)'s short interest ratio.

Svenska Cellulosa Aktiebolaget SCA (publ) saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 1,000 shares, a decline of 28.6% 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.

Here is how the short interest of companies in the sector of "basic materials" compare to Svenska Cellulosa Aktiebolaget SCA (publ): Stora Enso Oyj (0.00%), Klabin S.A. (0.00%), Akzo Nobel (0.01%), Eastman Chemical (1.49%), First Quantum Minerals Ltd. (0.37%), Brenntag SE (0.00%), Smurfit Kappa Group Plc (0.00%), South32 Limited (0.01%), Covestro AG (0.00%), AngloGold Ashanti plc (1.80%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.92 billion), Aon plc ($3.86 billion), Analog Devices, Inc. ($3.55 billion), The Clorox Company ($2.87 billion), Snap Inc. ($2.78 billion), Moderna, Inc. ($2.21 billion), The Kroger Co. ($2.05 billion), International Flavors & Fragrances Inc. ($1.98 billion), Expedia Group, Inc. ($1.93 billion), and Match Group, Inc. ($1.59 billion). View all of the most shorted stocks.

Short selling SVCBY is an investing strategy that aims to generate trading profit from Svenska Cellulosa Aktiebolaget SCA (publ) as its price is falling. SVCBY shares are trading up $0.34 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 Svenska Cellulosa Aktiebolaget SCA (publ) 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 SVCBY, 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 SVCBY, twice per month. The most recent reporting period available is November, 15 2020.