Array Technologies (ARRY) Short Interest Ratio & Short Volume

Short interest is the volume of Array Technologies shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 22,170,000 shares of ARRY short. Learn More on Array Technologies' 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. ARRY shares currently have a short interest ratio of 4.0. Learn More on Array Technologies's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Array Technologies: Jane Street Group LLC, Wolverine Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, IMC Chicago LLC, and Cubist Systematic Strategies LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Array Technologies saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 22,170,000 shares, a decrease of 25.2% from the previous total of 29,650,000 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.

Here is how the short interest of companies compare to Array Technologies: MGE Energy, Inc. (4.46%), ALLETE, Inc. (1.43%), Otter Tail Co. (11.21%), Hawaiian Electric Industries, Inc. (5.68%), Unitil Co. (1.27%), NextEra Energy, Inc. (1.66%), The Southern Company (1.58%), Duke Energy Co. (1.36%), Edison International (1.56%), Entergy Corporation (1.79%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.85 billion), Charter Communications, Inc. ($4.81 billion), International Paper ($2.96 billion), Cencora, Inc. ($2.40 billion), Paychex, Inc. ($2.38 billion), Lululemon Athletica Inc. ($2.05 billion), SoFi Technologies, Inc. ($2.03 billion), Live Nation Entertainment, Inc. ($1.93 billion), Onsemi ($1.82 billion), and Tractor Supply ($1.65 billion). View all of the most shorted stocks.

Short selling ARRY is an investing strategy that aims to generate trading profit from Array Technologies as its price is falling. ARRY shares are trading down $0.03 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 Array Technologies 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 ARRY, 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 ARRY, twice per month. The most recent reporting period available is November, 15 2024.