Steel Partners (SPLP) Short Interest Ratio & Short Volume

Short interest is the volume of Steel Partners shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 3,900 shares of SPLP short. 0.03% of Steel Partners' shares are currently sold short. Learn More on Steel Partners' current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.03% of Steel Partners' floating shares are currently sold short.

Steel Partners saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,900 shares, an increase of 14.7% from the previous total of 3,400 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.

Steel Partners currently has issued a total of 20,390,000 shares. Some of Steel Partners' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Steel Partners currently has a public float of 12,300,000 shares.

0.03% of Steel Partners' shares are currently sold short. Here is how the short interest of companies in the sector of "multi-sector conglomerates" compare to Steel Partners: LSB Industries, Inc. (2.91%), National Presto Industries, Inc. (1.38%), Falcon's Beyond Global, Inc. (2.13%), Vector Group Ltd. (2.48%), Atlanta Braves Holdings, Inc. (2.49%), Atlanta Braves Holdings, Inc. (2.12%), Worthington Enterprises, Inc. (3.68%), Scully Royalty Ltd. (0.24%), Live Ventures Incorporated (0.39%), INNOVATE Corp. (7.37%),

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 SPLP is an investing strategy that aims to generate trading profit from Steel Partners as its price is falling. SPLP shares are trading up $0.65 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 Steel Partners 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 SPLP, 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 SPLP, twice per month. The most recent reporting period available is April, 30 2024.