Cal-Maine Foods (CALM) Short Interest Ratio & Short Volume

Short interest is the volume of Cal-Maine Foods shares that have been sold short but have not yet been closed out or covered. As of December 15th, investors have sold 3,300,000 shares of CALM short. 8.14% of Cal-Maine Foods' shares are currently sold short. Learn More on Cal-Maine Foods' 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. CALM shares currently have a short interest ratio of 6.0. Learn More on Cal-Maine Foods's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Cal-Maine Foods: Jane Street Group LLC, PEAK6 Investments LLC, and Concourse Financial Group Securities Inc.. 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. 8.14% of Cal-Maine Foods' floating shares are currently sold short.

Cal-Maine Foods saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,300,000 shares, an increase of 11.1% from the previous total of 2,970,000 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.

Cal-Maine Foods currently has issued a total of 49,039,000 shares. Some of Cal-Maine Foods' 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. Cal-Maine Foods currently has a public float of 40,540,000 shares.

8.14% of Cal-Maine Foods' shares are currently sold short. Here is how the short interest of companies compare to Cal-Maine Foods: Hormel Foods Co. (3.80%), Conagra Brands, Inc. (3.06%), Campbell Soup (9.14%), The J. M. Smucker Company (3.86%), Pilgrim's Pride Co. (18.56%), Post Holdings, Inc. (5.04%), Lancaster Colony Co. (2.33%), Flowers Foods, Inc. (3.68%), J&J Snack Foods Corp. (5.04%), Tootsie Roll Industries, Inc. (11.39%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.32 billion), Spotify Technology S.A. ($4.06 billion), Canadian Natural Resources Limited ($3.45 billion), Reddit, Inc. ($2.79 billion), International Paper ($2.70 billion), Cencora, Inc. ($2.27 billion), SoFi Technologies, Inc. ($2.21 billion), Lululemon Athletica Inc. ($2.13 billion), and Rivian Automotive, Inc. ($2.05 billion). View all of the most shorted stocks.

Short selling CALM is an investing strategy that aims to generate trading profit from Cal-Maine Foods as its price is falling. CALM shares are trading down $3.44 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 Cal-Maine Foods 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 CALM, 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 CALM, twice per month. The most recent reporting period available is December, 15 2024.