Telstra (TLSYY) Short Interest Ratio & Short Volume

Short interest is the volume of Telstra shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 11,200 shares of TLSYY short. Learn More on Telstra's current short interest.

Telstra saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 11,200 shares, a decrease of 14.5% from the previous total of 13,100 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 "utilities" compare to Telstra: Singapore Telecommunications Limited (0.00%), BCE Inc. (2.15%), Telefónica, S.A. (0.06%), Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (0.08%), Telefônica Brasil S.A. (0.08%), Koninklijke KPN (0.00%), Vivendi SE (0.00%), Nippon Telegraph and Telephone Co. (0.00%), Chunghwa Telecom Co., Ltd. (0.05%), Edison International (1.59%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.48 billion), Charter Communications, Inc. ($2.85 billion), Twitter, Inc. ($1.89 billion), T. Rowe Price Group, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.77 billion), PG&E Co. ($1.75 billion), Lucid Group, Inc. ($1.58 billion), Rivian Automotive, Inc. ($1.42 billion), Roblox Co. ($1.39 billion), and Williams-Sonoma, Inc. ($1.33 billion). View all of the most shorted stocks.

Short selling TLSYY is an investing strategy that aims to generate trading profit from Telstra as its price is falling. TLSYY shares are trading up $0.09 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 Telstra 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 TLSYY, 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 TLSYY, twice per month. The most recent reporting period available is October, 15 2022.