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Worksport Short Interest Ratio and Short Volume

+0.01 (+5.88 %)
(As of 11/27/2020 12:00 AM ET)
Today's Range
Now: $0.18
50-Day Range N/A
52-Week Range
Now: $0.18
Volume424,837 shs
Average Volume609,075 shs
Market Capitalization$11.96 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Worksport (OTCMKTS:WKSP) Short Interest Data

Current Short Volume:5,300 shares
Previous Short Volume:100 shares
Change Vs. Previous Month:+5,200.00%
Dollar Volume Sold Short:$689.00
Short Interest Ratio / Days to Cover:0.0
Last Record Date:October, 30 2020
Outstanding Shares:66,451,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:424,837 shares
Average Trading Volume:609,075 shares
Today's Volume Vs. Average:-30.25%

Worksport (OTCMKTS:WKSP) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/20205,300 $689.00 5,200.0%0.0%0$0.13
10/15/2020100 $0.00 -98.7%0.0%0$0.00

Worksport (OTCMKTS:WKSP) Short Interest FAQ

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What is Worksport's current short interest?

Short interest is the volume of Worksport shares that have been sold short but have not yet been closed out or covered. As of October 30th, traders have sold 5,300 shares of WKSP short. 0.00% of Worksport's shares are currently sold short. View details.

Is Worksport's short interest increasing or decreasing?

Worksport saw a increase in short interest in October. As of October 30th, there was short interest totaling 5,300 shares, an increase of 5,200.0% 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.

How does Worksport's short interest compare to its competitors?

0.00% of Worksport's shares are currently sold short. Here is how the short interest of companies in the industry of "motor vehicle parts & accessories" compare to Worksport: Aptiv PLC (0.00%), Continental Aktiengesellschaft (0.00%), Magna International Inc. (0.83%), Icahn Enterprises L.P. (0.00%), Valeo SA (0.00%), BorgWarner Inc. (0.00%), Dongfeng Motor Group Company Limited (0.00%), Lear Co. (1.44%), Gentex Co. (1.31%), and Autoliv, Inc. (1.20%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Worksport stock?

Short selling WKSP is an investing strategy that aims to generate trading profit from Worksport as its price is falling. Worksport's stock is trading up $0.01 today. To short Worksport 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 Worksport 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.

How does a short squeeze work against Worksport?

A short squeeze for Worksport 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 WKSP, which in turn drives the price of the stock up even further.

How often is Worksport's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including WKSP, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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