ePlus (PLUS) Short Interest Ratio & Short Volume

Short interest is the volume of ePlus shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 850,100 shares of PLUS short. Learn More on ePlus' 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. PLUS shares currently have a short interest ratio of 4.0. Learn More on ePlus's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of ePlus: PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

ePlus saw a decrease in short interest in May. As of May 15th, there was short interest totaling 850,100 shares, a decrease of 3.7% from the previous total of 882,700 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.

Here is how the short interest of companies compare to ePlus: Oddity Tech Ltd. (28.82%), Weibo Co. (6.02%), Upstart Holdings, Inc. (34.53%), Compass, Inc. (6.47%), SolarWinds Co. (2.00%), Criteo S.A. (0.87%), Rogers Co. (3.36%), Progress Software Co. (9.40%), Ultra Clean Holdings, Inc. (1.40%), Calix, Inc. (5.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling PLUS is an investing strategy that aims to generate trading profit from ePlus as its price is falling. PLUS shares are trading up $0.55 today. To short a 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 a stock 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 ePlus 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 PLUS, 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 PLUS, twice per month. The most recent reporting period available is May, 15 2024.