Service Team Short Interest Ratio and Short Volume

Short interest is the volume of Service Team shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 4,088,300 shares of SVTE short. 0.00% of Service Team's shares are currently sold short. View details.

Service Team saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,088,300 shares, an increase of 40,783.0% from the previous total of 10,000 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 Service Team's shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Service Team: Tesla, Inc. (0.00%), Toyota Motor Co. (0.06%), Volkswagen AG (0.00%), Daimler AG (0.00%), General Motors (1.27%), Nio Inc - (0.00%), AB Volvo (publ) (0.00%), Bayerische Motoren Werke Aktiengesellschaft (0.00%), Honda Motor Co., Ltd. (0.10%), and DENSO Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

Short selling SVTE is an investing strategy that aims to generate trading profit from Service Team as its price is falling. To short Service Team 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 Service Team 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 Service Team 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 SVTE, 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 SVTE, twice per month. The most recent reporting period available is December, 31 2020.