Telkom SA SOC (TLKGY) Short Interest Ratio & Short Volume

Short interest is the volume of Telkom SA SOC shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 200 shares of TLKGY short. Learn More on Telkom SA SOC's current short interest.

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Corporation ($3.27 billion), Tractor Supply Company ($2.29 billion), Celsius Holdings Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling TLKGY is an investing strategy that aims to generate trading profit from Telkom SA SOC as its price is falling. TLKGY shares are trading down $0.27 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 Telkom SA SOC 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 TLKGY, 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 TLKGY, twice per month. The most recent reporting period available is September, 15 2023.