Number of Shares Shorted AnalysisNumber of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.
Distress Driver Correlations
Weighted Average Shares Over TimeThe weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Basic Share, determined based on the timing of issuance of shares or units in the period.
About Number of Shares ShortedIf a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect price of the stock.
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Consolidated Edison Number of Shares Shorted Assessment
Based on recorded statements Consolidated Edison Inc has 15.13 M of outstending shares currently sold short by investors. This is 435.87% higher than that of the Utilities sector, and 209.0% higher than that of Electric Utilities industry, The Number of Shares Shorted for all stocks is 449.09% lower than the firm.