Weichai Power Short Interest Ratio and Short Volume

Short interest is the volume of Weichai Power shares that have been sold short but have not yet been covered or closed out. As of September 30th, investors have sold 13,600 shares of WEICY short. 0.00% of Weichai Power's shares are currently sold short. View details.

Weichai Power saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,600 shares, an increase of 13,500.0% from the previous total of 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.

0.00% of Weichai Power's shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Weichai Power: Daimler AG (0.00%), General Motors (1.48%), Bayerische Motoren Werke AG (0.00%), AB Volvo (publ) (0.00%), Honda Motor Co Ltd (0.11%), DENSO Co. (0.00%), Ferrari (1.47%), Cummins Inc. (2.24%), PACCAR Inc (1.17%), and Ford Motor (2.47%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 billion). View all of the most shorted stocks.

Short selling WEICY is an investing strategy that aims to generate trading profit from Weichai Power as its price is falling. Weichai Power's stock is trading down $0.27 today. To short Weichai Power 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 Weichai Power 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 Weichai Power 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 WEICY, 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 WEICY, twice per month. The most recent reporting period available is September, 30 2020.