Zhongsheng Group Short Interest Ratio and Short Volume

Short interest is the volume of Zhongsheng Group shares that have been sold short but have not yet been closed out or covered. As of May 14th, traders have sold 100 shares of ZSHGY short. Learn More on Zhongsheng Group's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Zhongsheng Group currently has a short interest ratio of 1.0. Learn More on a good short interest ratio for Zhongsheng Group

0.00% of Zhongsheng Group's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer cyclical" compare to Zhongsheng Group: Accell Group (0.00%), Accor SA (0.00%), adidas AG (0.00%), Alcanna Inc. (0.00%), Allegro.eu SA (0.00%), Amergent Hospitality Group, Inc. (0.00%), ANTA Sports Products Limited (0.00%), ARB Co. Limited (0.00%), Aritzia Inc. (0.00%), and ASICS Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($6.79 billion), Charter Communications, Inc. ($5.98 billion), Analog Devices, Inc. ($5.56 billion), S&P Global Inc. ($5.37 billion), Airbnb, Inc. ($3.72 billion), Nuance Communications, Inc. ($2.87 billion), Snap Inc. ($2.70 billion), Expedia Group, Inc. ($2.27 billion), The Kroger Co. ($2.19 billion), and ViacomCBS Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling ZSHGY is an investing strategy that aims to generate trading profit from Zhongsheng Group as its price is falling. To short Zhongsheng Group 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 Zhongsheng Group 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 Zhongsheng Group 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 ZSHGY, 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 ZSHGY, twice per month. The most recent reporting period available is May, 14 2021.