Short Interest Plummets
Multiple Asian Small and Mid-Cap Stocks Report Steep Drops in Short Interest in June
Anonymous
Key Points
1
CIADY’s June 30 short interest dropped to 4 shares, about 0.0% of float, with days-to-cover effectively 0.0 — an extremely negligible short position amid the stock’s recent trading activity.
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Komatsu’s short interest plunged 88.9% to 64,784 shares, with a short-interest ratio of 0.1 days; Zacks Research subsequently downgraded Komatsu from a hold to a strong sell on July 2.
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Acom’s short interest slid 90.3% to 28,741 shares, but the stock’s average daily volume is reported as 0, resulting in an infinite days-to-cover and indicating extreme illiquidity.
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Muncy Columbia Financial is the holding company for Journey Bank; June short interest fell 96.6% to 16 shares, with days-to-cover at 0.0, reflecting a drastically reduced short position in a micro-cap lender.
Short interest in several Asian-linked stocks collapsed in June, with some seeing drops of nearly 100%. China Mengniu Dairy (CIADY) led the pack — its short interest fell 99.8% to just 4 shares as of June 30, according to Watchlist News.
The sharp pullbacks span dairy, heavy equipment, and consumer finance sectors. Traders appear to be abandoning bets against these stocks heading into mid-2026, though the reasons vary widely by company.
China Mengniu Dairy Short Position Nearly Vanishes
China Mengniu Dairy's short interest dropped from 1,728 shares on June 15 to just 4 shares by June 30. That is a 99.8% decline in two weeks. The stock's days-to-cover ratio — how long it would take short sellers to buy back their shares — sits at effectively 0.0, according to Watchlist News.
Short interest as a share of float is now 0.0%. That means almost no investors are betting the stock will fall. The move suggests traders have largely given up on any near-term bearish case for the Chinese dairy giant.
Komatsu Short Interest Plunges 88.9%, Then Gets Downgraded
Komatsu Ltd. (KMTUY), the Japanese construction equipment maker, saw its short interest fall 88.9% in June to 64,784 shares. Its short-interest ratio dropped to just 0.1 days. That means short sellers could cover their entire position in less than a single trading day.
Despite the reduced short position, Komatsu received bad news from Wall Street. Zacks Research downgraded the stock from a hold to a strong sell on July 2. The downgrade came just days after short sellers had already pulled back — a notable disconnect between analyst sentiment and trader positioning.
Acom Co. Short Interest Falls 90.3%, But Liquidity Is Nearly Zero
Acom Co., Ltd. (ACJJF), a Japanese consumer finance firm, posted a 90.3% drop in short interest in June. Its short position fell to 28,741 shares. But there is a catch — the stock's average daily trading volume is reported as zero, according to Watchlist News.
A volume of zero means the days-to-cover ratio is technically infinite. Short sellers could not buy back their shares even if they wanted to — there are simply no trades happening. This makes Acom one of the most illiquid stocks in this group, and the short interest data largely symbolic.
Muncy Columbia's Micro-Cap Short Position Shrinks to Just 16 Shares
Muncy Columbia Financial (CCFN), the holding company for Journey Bank, saw its short interest crash 96.6% in June. Only 16 shares were short as of June 30. Days-to-cover is 0.0 — the position is essentially nonexistent.
Muncy Columbia is a micro-cap lender, meaning its total market value is very small. A short position of just 16 shares carries almost no market weight. Still, the near-total exit of short sellers mirrors the broader trend seen across this group of Asian and small-cap stocks in June.
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