HNI (HNI) Short Interest Ratio & Short Volume

Short interest is the volume of HNI shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 525,500 shares of HNI short. Learn More on HNI'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. HNI shares currently have a short interest ratio of 2.0. Learn More on HNI's short interest ratio.

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

HNI saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 525,500 shares, a decline of 4.4% from the previous total of 549,400 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 in the sector of "business services" compare to HNI: Steelcase Inc. (2.95%), Jamf Holding Corp. (7.65%), Payoneer Global Inc. (3.73%), Paymentus Holdings, Inc. (5.13%), LiveRamp Holdings, Inc. (2.92%), Cellebrite DI Ltd. (4.01%), N-able, Inc. (1.47%), Mirion Technologies, Inc. (3.10%), Gaotu Techedu Inc. (5.44%), Flywire Co. (5.51%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling HNI is an investing strategy that aims to generate trading profit from HNI as its price is falling. HNI shares are trading down $0.28 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 HNI 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 HNI, 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 HNI, twice per month. The most recent reporting period available is April, 30 2024.