About NOVA TECH ENTERPRISES INC (NTEI) data
Data as of March 15, 2022.
NOVA TECH ENTERPRISES INC (NTEI) has 1.77K shares sold short as of the latest FINRA settlement report on March 15, 2022. Short interest has decreased by 0.34% compared with the prior settlement. At the current average daily volume, covering all open short positions would take about 0.86 days (days to cover).
Frequently asked questions
What is the current short interest in NTEI?
As of the latest FINRA settlement dated March 15, 2022, NTEI had approximately 1,766 shares sold short. Short interest data is reported by FINRA twice per month.
What is the days to cover ratio for NTEI?
Days to cover for NTEI is approximately 0.86 days. This estimates how many trading days it would take short sellers to buy back all outstanding short shares at the current average daily volume.
Is NTEI a short squeeze candidate?
A squeeze needs shorts that are hard to close. NTEI trades about 2,061 shares a day and would take roughly 0.86 days to unwind current short positions. Higher days-to-cover and a rising borrow fee together are the setup to watch; neither alone is enough.