Telkom SA SOC Short Interest Ratio and 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 February 26th, traders have sold 100 shares of TLKGY short.

Telkom SA SOC saw a decrease in short interest during the month of February. As of February 26th, there was short interest totaling 100 shares, a decrease of 80.0% from the previous total of 500 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 Telkom SA SOC's shares are currently sold short. Here is how the short interest of companies in the industry of "telephone & telegraph apparatus" compare to Telkom SA SOC: Fabrinet (1.88%), Avaya Holdings Corp. (11.50%), Infinera Co. (0.00%), Plantronics, Inc. (0.00%), NETGEAR, Inc. (9.84%), AudioCodes Ltd. (1.19%), ADTRAN, Inc. (2.99%), Akoustis Technologies, Inc. (0.00%), Clearfield, Inc. (2.46%), and DZS Inc. (1.52%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($8.73 billion), Aon plc ($5.69 billion), Analog Devices, Inc. ($5.19 billion), Charter Communications, Inc. ($5.16 billion), GameStop Corp. ($3.76 billion), Snap Inc. ($3.35 billion), Discovery, Inc. ($3.00 billion), Airbnb, Inc. ($2.48 billion), The Kroger Co. ($2.23 billion), and Futu Holdings Limited ($2.21 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. To short Telkom SA SOC 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 Telkom SA SOC 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 appreciates 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 February, 26 2021.