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 August 31st, traders have sold 3,500 shares of WEICY short. Learn More on Weichai Power's current short interest.

Weichai Power saw a drop in short interest in August. As of August 31st, there was short interest totaling 3,500 shares, a drop of 12.5% from the previous total of 4,000 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: General Motors (1.49%), Nio Inc - (0.00%), Bayerische Motoren Werke Aktiengesellschaft (0.00%), DENSO Co. (0.00%), Ford Motor (0.00%), Honda Motor Co., Ltd. (0.13%), AB Volvo (publ) (0.00%), Ferrari (1.05%), Lucid Group Inc (8.35%), and Bridgestone Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 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 $0.04 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 increases 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 August, 31 2021.