Swedish Match AB (publ) Short Interest Ratio and Short Volume

Short interest is the volume of Swedish Match AB (publ) shares that have been sold short but have not yet been covered or closed out. As of May 28th, investors have sold 11,700 shares of SWMAY short.

Swedish Match AB (publ) saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 11,700 shares, an increase of 875.0% from the previous total of 1,200 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.

0.00% of Swedish Match AB (publ)'s shares are currently sold short. Here is how the short interest of companies in the sector of "consumer discretionary" compare to Swedish Match AB (publ): Roku, Inc. (3.10%), Oriental Land Co., Ltd. (0.00%), Lululemon Athletica Inc. (2.02%), Marriott International, Inc. (1.85%), Las Vegas Sands Corp. (3.22%), Electronic Arts Inc. (1.39%), Hilton Worldwide Holdings Inc. (2.92%), Sands China Ltd. (0.00%), Peloton Interactive, Inc. (0.00%), and Discovery, Inc. (2.34%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($25.04 billion), AstraZeneca PLC ($7.50 billion), Aon plc ($7.09 billion), Square, Inc. ($6.95 billion), Analog Devices, Inc. ($6.90 billion), Advanced Micro Devices, Inc. ($6.79 billion), Charter Communications, Inc. ($6.18 billion), S&P Global Inc. ($5.54 billion), Sea Limited ($4.96 billion), and Wayfair Inc. ($4.25 billion). View all of the most shorted stocks.

Short selling SWMAY is an investing strategy that aims to generate trading profit from Swedish Match AB (publ) as its price is falling. To short Swedish Match 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 Swedish Match 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.

A short squeeze for Swedish Match AB (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 SWMAY, 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 SWMAY, twice per month. The most recent reporting period available is May, 28 2021.