Wells Fargo & Company (WFC) Short Interest Ratio & Short Volume

Short interest is the volume of Wells Fargo & Company shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 38,540,000 shares of WFC short. 1.11% of Wells Fargo & Company's shares are currently sold short. Learn More on Wells Fargo & Company'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. WFC shares currently have a short interest ratio of 2.0. Learn More on Wells Fargo & Company's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Wells Fargo & Company: Walleye Trading LLC, CMT Capital Markets Trading GmbH, BTG Pactual Global Asset Management Ltd, BlueCrest Capital Management Ltd, Capital Markets Trading UK LLP, PEAK6 Investments LLC, National Bank of Canada FI, HAP Trading LLC, JPMorgan Chase & Co., BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Caas Capital Management LP, Simplex Trading LLC, Nomura Holdings Inc., and Readystate Asset Management LP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.11% of Wells Fargo & Company's floating shares are currently sold short.

Wells Fargo & Company saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 38,540,000 shares, an increase of 18.6% from the previous total of 32,500,000 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.

1.11% of Wells Fargo & Company's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Wells Fargo & Company: U.S. Bancorp (1.27%), Bank of America Co. (0.92%), Citigroup Inc. (1.42%), The PNC Financial Services Group, Inc. (1.12%), Capital One Financial Co. (3.29%), Truist Financial Co. (1.00%), JPMorgan Chase & Co. (0.74%), HSBC Holdings plc (0.25%), American Express (1.02%), Invesco QQQ (8.46%),

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 WFC is an investing strategy that aims to generate trading profit from Wells Fargo & Company as its price is falling. WFC shares are trading up $0.02 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 Wells Fargo & Company 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 WFC, 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 WFC, twice per month. The most recent reporting period available is April, 30 2024.