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Fortinet (FTNT) Short Interest Ratio & Short Volume

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$97.19 +2.34 (+2.47%)
(As of 12/20/2024 05:40 PM ET)

Fortinet Short Interest Data

Fortinet (FTNT) has a short interest of 12.75 million shares. This marks a 1.03% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.7, indicating that it would take 2.7 days of the average trading volume of 5.44 million shares to cover all short positions.

Current Short Interest
12,750,000 shares
Previous Short Interest
12,620,000 shares
Change Vs. Previous Month
+1.03%
Dollar Volume Sold Short
$1.21 billion
Short Interest Ratio
2.7 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
766,453,000 shares
Percentage of Shares Shorted
1.66%
Today's Trading Volume
13,242,780 shares
Average Trading Volume
5,435,629 shares
Today's Volume Vs. Average
244%
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FTNT Short Interest Over Time

FTNT Days to Cover Over Time

FTNT Percentage of Float Shorted Over Time

Fortinet Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/202412,750,000 shares $1.21 billion +1.0%N/A2.7 $95.05
11/15/202412,620,000 shares $1.19 billion +0.4%N/A2.7 $94.20
10/31/202412,570,000 shares $988.76 million -2.9%N/A2.9 $78.66
10/15/202412,950,000 shares $1.07 billion -0.3%N/A2.7 $82.64
9/30/202412,990,000 shares $1.01 billion -10.5%N/A2.5 $77.55
9/15/202414,520,000 shares $1.09 billion +5.8%N/A2.7 $75.01
8/31/202413,720,000 shares $1.05 billion +5.7%N/A2.5 $76.71
8/15/202412,980,000 shares $952.73 million -24.1%N/A2.3 $73.40
7/31/202417,110,000 shares $993.06 million +0.7%N/A3 $58.04
7/15/202417,000,000 shares $1.02 billion +5.9%N/A3 $59.90
6/30/202416,060,000 shares $967.94 million +12.6%N/A3 $60.27
6/15/202414,260,000 shares $866.72 million -14.2%N/A2.6 $60.78
5/31/202416,610,000 shares $985.31 million +30.2%N/A3.2 $59.32
5/15/202412,760,000 shares $774.91 million -20.9%N/A2.5 $60.73
4/30/202416,140,000 shares $1.02 billion +15.5%N/A2.8 $63.18
4/15/202413,970,000 shares $904.28 million +5.9%N/A2.4 $64.73
3/31/202413,190,000 shares $901.01 million -0.8%N/A2.1 $68.31
3/15/202413,300,000 shares $887.38 million +3.4%N/A2.2 $66.72
2/29/202412,860,000 shares $888.75 million +16.7%N/A1.9 $69.11
2/15/202411,020,000 shares $774.27 million -3.3%N/A1.6 $70.26
1/31/202411,400,000 shares $735.19 million -1.6%N/A1.6 $64.49
1/15/202411,580,000 shares $723.06 million -9.3%N/A1.6 $62.44
12/31/202312,770,000 shares $747.43 million -18.2%N/A1.8 $58.53
12/15/202315,610,000 shares $902.73 million +26.8%N/A2.2 $57.83
11/30/202312,310,000 shares $647.01 million +6.7%N/A1.8 $52.56
11/15/202311,540,000 shares $589.23 million +1.6%N/A1.8 $51.06
10/31/202311,360,000 shares $649.45 million -14.1%N/A1.7 $57.17
10/15/202313,230,000 shares $764.16 million +13.7%N/A2.1 $57.76
9/30/202311,640,000 shares $683.04 million +34.1%N/A1.9 $58.68
9/15/20238,680,000 shares $529.65 million -12.0%N/A1.5 $61.02
8/31/20239,860,000 shares $593.67 million -5.2%N/A1.6 $60.21
8/15/202310,400,000 shares $615.37 million +8.8%N/A1.6 $59.17
7/31/20239,560,000 shares $743.00 million -5.6%N/A1.6 $77.72
7/15/202310,130,000 shares $799.46 million -5.2%N/A1.9 $78.92
6/30/202310,690,000 shares $808.06 million -23.0%N/A2.1 $75.59
6/15/202313,880,000 shares $1.02 billion +9.1%N/A2.8 $73.59
5/31/202312,720,000 shares $869.16 million +17.3%N/A2.7 $68.33
5/15/202310,840,000 shares $743.19 million -4.9%N/A2.5 $68.56
4/30/202311,400,000 shares $718.77 million -4.8%N/A2.4 $63.05
4/15/202311,970,000 shares $814.80 million -6.4%N/A2.5 $68.07
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

3/31/202312,790,000 shares $850.02 million -5.3%N/A2.5 $66.46
3/15/202313,510,000 shares $815.87 million -0.7%N/A2.7 $60.39
2/28/202313,610,000 shares $808.98 million +2.6%N/A2.6 $59.44
2/15/202313,270,000 shares $833.49 million -1.8%N/A2.5 $62.81
1/31/202313,510,000 shares $707.11 million -15.0%N/A2.5 $52.34
1/15/202315,900,000 shares $777.03 million +9.4%N/A3 $48.87
12/30/202214,530,000 shares $710.37 million +11.2%N/A2.7 $48.89
12/15/202213,070,000 shares $681.86 million +12.1%N/A2.4 $52.17
11/30/202211,660,000 shares $619.85 million +12.6%N/A2.2 $53.16
11/15/202210,360,000 shares $582.23 million +19.2%N/A1.9 $56.20
10/31/20228,690,000 shares $496.72 million -4.4%N/A1.6 $57.16
10/15/20229,090,000 shares $437.50 million -19.5%N/A1.7 $48.13
9/30/202211,290,000 shares $554.68 million -7.2%N/A2.1 $49.13
9/15/202212,160,000 shares $617.97 million +33.3%N/A2.3 $50.82
8/31/20229,120,000 shares $444.05 million +7.9%N/A1.7 $48.69
8/15/20228,450,000 shares $456.98 million -16.6%N/A1.5 $54.08
7/31/202210,130,000 shares $604.25 million -12.0%N/A1.6 $59.65
7/15/202211,510,000 shares $693.13 million +10.7%N/A1.8 $60.22
6/30/202210,400,000 shares $588.43 million -12.5%N/A1.6 $56.58
6/15/202211,890,000 shares $659.94 million +335.5%N/A1.8 $55.50
5/31/20222,730,000 shares $803.00 million +3.8%2.0%2 $294.14
5/15/20222,630,000 shares $740.48 million +42.9%2.0%1.8 $281.55
4/30/20221,840,000 shares $531.78 million -6.6%1.4%1.4 $289.01
4/15/20221,970,000 shares $653.57 million -7.5%1.5%1.5 $331.76
3/31/20222,130,000 shares $727.91 million -9.8%1.6%1.5 $341.74
3/15/20222,360,000 shares $668.64 million +4.4%1.8%1.6 $283.32
2/28/20222,260,000 shares $778.62 million -4.2%1.7%1.4 $344.52
2/15/20222,360,000 shares $760.91 million -15.4%1.7%1.5 $322.42
1/31/20222,790,000 shares $829.30 million +3.3%2.1%1.9 $297.24
1/15/20222,700,000 shares $843.86 million +4.3%N/A1.9 $312.54
12/31/20212,590,000 shares $930.85 million +22.2%1.9%2 $359.40
12/15/20212,120,000 shares $713.97 million +19.1%1.6%1.8 $336.78
11/30/20211,780,000 shares $591.16 million -3.8%1.3%1.8 $332.11
11/15/20211,850,000 shares $619.99 million -13.6%1.4%2.1 $335.13
10/29/20212,140,000 shares $719.77 million -4.0%1.6%2.3 $336.34
10/15/20212,230,000 shares $703.10 million +5.2%1.6%2.4 $315.29
9/30/20212,120,000 shares $619.12 million -0.5%1.6%2.2 $292.04
9/15/20212,130,000 shares $642.26 million +15.1%1.6%2.2 $301.53
8/31/20211,850,000 shares $583.01 million -14.4%1.4%2 $315.14
8/13/20212,160,000 shares $668.15 million +14.3%1.6%2.4 $309.33
7/30/20211,890,000 shares $514.53 million -2.6%1.4%2 $272.24
7/15/20211,940,000 shares $497.22 million -10.2%1.4%2 $256.30
6/30/20212,160,000 shares $514.49 million -3.1%1.6%2.3 $238.19
6/15/20212,230,000 shares $513.03 million -3.0%1.6%2.3 $230.06
5/28/20212,300,000 shares $502.64 million -11.9%1.7%2.1 $218.54
5/14/20212,610,000 shares $517.80 million -3.7%1.9%2.1 $198.39
4/30/20212,710,000 shares $529.72 million -14.0%2.0%2.1 $195.47
4/15/20213,150,000 shares $627.86 million -20.7%2.3%2.5 $199.32
3/31/20213,970,000 shares $719.88 million -22.8%2.9%3.1 $181.33
3/15/20215,140,000 shares $968.12 million +33.9%3.8%4 $188.35
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

2/26/20213,840,000 shares $645.12 million +34.7%2.8%3.2 $168.00
2/12/20212,850,000 shares $464.58 million +4.4%2.1%2.6 $163.01
1/29/20212,730,000 shares $405.49 million -6.2%2.0%2.5 $148.53
1/15/20212,910,000 shares $429.31 million -3.6%2.2%2.6 $147.53
12/31/20203,020,000 shares $447.02 million -8.2%2.2%2.5 $148.02
12/15/20203,290,000 shares $429.97 million -1.5%2.4%2.7 $130.69
11/30/20203,340,000 shares $413.46 million -2.6%2.5%2.8 $123.79
11/15/20203,430,000 shares $397.61 million +0.9%2.5%2.7 $115.92
10/30/20203,400,000 shares $401.20 million -33.6%2.5%2.7 $118.00
10/15/20205,120,000 shares $666.32 million +1.0%3.8%4.1 $130.14
9/30/20205,070,000 shares $597.30 million +2.6%3.8%3.7 $117.81
9/15/20204,940,000 shares $583.91 million +1.2%3.7%3.4 $118.20
8/31/20204,880,000 shares $644.21 million +3.0%3.6%3.2 $132.01
8/14/20204,740,000 shares $604.82 million +18.5%3.5%3.1 $127.60
7/31/20204,000,000 shares $553.20 million -13.6%3.0%2.4 $138.30
7/15/20204,630,000 shares $622.64 million -6.3%3.4%2.7 $134.48
6/30/20204,940,000 shares $678.11 million -8.2%3.7%2.9 $137.27
6/15/20205,380,000 shares $731.20 million +1.7%4.0%2.7 $135.91
5/29/20205,290,000 shares $736.37 million -0.6%3.9%2.3 $139.20
5/15/20205,320,000 shares $763.05 million -2.6%3.9%2.2 $143.43
4/30/20205,460,000 shares $588.26 million -0.7%4.0%2.3 $107.74
4/15/20205,500,000 shares $604.18 million -21.5%3.8%2.4 $109.85
3/31/20207,010,000 shares $723.92 million +56.3%4.8%3.4 $103.27
3/13/20204,484,600 shares $457.12 million +26.7%3.1%1.9 $101.93
2/28/20203,540,000 shares $304.09 million -22.7%2.4%2.5 $85.90
2/14/20204,580,000 shares $415.50 million +56.9%3.2%3.8 $90.72
1/31/20202,920,000 shares $310.28 million -28.8%2.0%2.4 $106.26
1/15/20204,100,000 shares $481.01 million -11.8%2.9%3.2 $117.32
12/31/20194,650,000 shares $548.65 million +5.7%3.2%3.7 $117.99

FTNT Short Interest - Frequently Asked Questions

What is Fortinet's current short interest?

Short interest is the volume of Fortinet shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 12,750,000 shares of FTNT short. Learn More on Fortinet's current short interest.

What is a good short interest ratio for Fortinet?

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. FTNT shares currently have a short interest ratio of 3.0. Learn More on Fortinet's short interest ratio.

Which institutional investors are shorting Fortinet?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Fortinet: Barclays PLC, Jane Street Group LLC, Wolverine Trading LLC, Point72 DIFC Ltd, Point72 Asset Management L.P., Parallax Volatility Advisers L.P., Centiva Capital LP, Paloma Partners Management Co, Garda Capital Partners LP, Verition Fund Management LLC, Capstone Investment Advisors LLC, Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, BNP Paribas Financial Markets, Citigroup Inc., and LMR Partners LLP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Fortinet's short interest increasing or decreasing?

Fortinet saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 12,750,000 shares, an increase of 1.0% from the previous total of 12,620,000 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.

How does Fortinet's short interest compare to its competitors?

Here is how the short interest of companies compare to Fortinet: ServiceNow, Inc. (1.56%), Axon Enterprise, Inc. (2.96%), Commvault Systems, Inc. (2.13%), Qualys, Inc. (9.19%), C3.ai, Inc. (19.50%), Progress Software Co. (11.70%), Microsoft Co. (0.86%), Oracle Co. (1.29%), Palo Alto Networks, Inc. (1.69%), Logitech International S.A. (3.82%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Fortinet stock?

Short selling FTNT is an investing strategy that aims to generate trading profit from Fortinet as its price is falling. FTNT shares are trading up $2.34 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.

How does a short squeeze work against Fortinet?

A short squeeze for Fortinet 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 FTNT, which in turn drives the price of the stock up even further.

How often is Fortinet's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FTNT, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:FTNT) was last updated on 12/21/2024 by MarketBeat.com Staff
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