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Hut 8 (HUT) Short Interest Ratio & Short Volume

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$27.46 -2.16 (-7.29%)
(As of 02:46 PM ET)

Hut 8 Short Interest Data

Hut 8 (HUT) has a short interest of 7.13 million shares, representing 8.58% of the float (the number of shares available for trading by the public). This marks a -18.23% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.2, indicating that it would take 1.2 days of the average trading volume of 5.40 million shares to cover all short positions.

Current Short Interest
7,130,000 shares
Previous Short Interest
8,720,000 shares
Change Vs. Previous Month
-18.23%
Dollar Volume Sold Short
$199.78 million
Short Interest Ratio
1.2 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
93,581,000 shares
Float Size
83,080,000 shares
Short Percent of Float
8.58%
Today's Trading Volume
5,731,933 shares
Average Trading Volume
5,402,786 shares
Today's Volume Vs. Average
106%
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HUT Short Interest Over Time

HUT Days to Cover Over Time

HUT Percentage of Float Shorted Over Time

Hut 8 Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/20247,130,000 shares $199.78 million -18.2%8.6%1.2 $28.02
11/15/20248,720,000 shares $220.27 million -31.5%10.5%1.6 $25.26
10/31/202412,730,000 shares $201.01 million -16.0%15.8%2.7 $15.79
10/15/202415,150,000 shares $178.32 million -4.1%18.8%3.5 $11.77
9/30/202415,800,000 shares $193.71 million +1.7%19.6%3.4 $12.26
9/15/202415,540,000 shares $174.67 million +1.6%19.2%2.8 $11.24
8/31/202415,300,000 shares $154.68 million +16.9%18.9%2.6 $10.11
8/15/202413,090,000 shares $152.50 million +9.5%16.2%2.3 $11.65
7/31/202411,960,000 shares $175.09 million -9.9%14.9%2.2 $14.64
7/15/202413,270,000 shares $265.40 million +56.7%16.6%2.6 $20.00
6/30/20248,470,000 shares $126.97 million +17.0%10.6%2 $14.99
6/15/20247,240,000 shares $81.67 million +11.6%9.1%1.8 $11.28
5/31/20246,490,000 shares $56.40 million -4.4%8.1%1.9 $8.69
5/15/20246,790,000 shares $59.96 million +10.1%8.5%1.9 $8.83
4/30/20246,170,000 shares $48.50 million -17.8%6.9%1.5 $7.86
4/15/20247,510,000 shares $54.37 million -18.0%8.5%1.6 $7.24
3/31/20249,160,000 shares $101.13 million -4.2%10.3%1.7 $11.04
3/15/20249,560,000 shares $72.08 million +7.8%10.8%1.5 $7.54
2/29/20248,870,000 shares $75.31 million +14.8%10.0%1.3 $8.49
2/15/20247,730,000 shares $77.07 million -19.2%8.7%1.1 $9.97
1/31/20249,570,000 shares $71.49 million +14.1%10.8%1.6 $7.47
1/15/20248,390,000 shares $83.06 million -10.6%9.5%1.5 $9.90
12/31/20239,380,000 shares $125.13 million +7.2%13.6%2 $13.34
12/15/20238,750,000 shares $91.88 million +70.6%12.8%2.4 $10.50
11/30/20235,130,000 shares $9.75 million -77.5%15.0%2.1 $1.90
11/15/202322,780,000 shares $45.56 million -12.5%10.3%2.5 $2.00
10/31/202326,040,000 shares $56.51 million +8.1%11.8%2.9 $2.17
10/15/202324,100,000 shares $41.33 million +21.9%10.9%2.7 $1.72
9/30/202319,770,000 shares $38.55 million +3.5%9.0%2 $1.95
9/15/202319,110,000 shares $40.13 million +35.0%8.7%1.7 $2.10
8/31/202314,160,000 shares $34.41 million +26.9%6.4%1.2 $2.43
8/15/202311,160,000 shares $29.41 million +6.5%5.1%1 $2.64
7/31/202310,480,000 shares $37.31 million -11.0%4.8%0.9 $3.56
7/15/202311,780,000 shares $49.00 million +7.5%5.4%1.1 $4.16
6/30/202310,960,000 shares $36.17 million -12.5%5.0%1 $3.30
6/15/202312,530,000 shares $25.94 million +10.1%5.7%1.3 $2.07
5/31/202311,380,000 shares $24.58 million -16.3%5.2%1.2 $2.16
5/15/202313,590,000 shares $25.41 million -7.1%6.2%1.4 $1.87
4/30/202314,630,000 shares $26.19 million +4.5%6.7%1.3 $1.79
4/15/202314,000,000 shares $29.82 million -6.4%6.4%1.2 $2.13
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3/31/202314,950,000 shares $27.66 million +15.1%7.3%1.2 $1.85
3/15/202312,990,000 shares $21.43 million +15.7%6.3%1.2 $1.65
2/28/202311,230,000 shares $18.53 million +1.2%6.1%1.2 $1.65
2/15/202311,100,000 shares $22.64 million -24.0%6.1%1.3 $2.04
1/31/202314,600,000 shares $28.18 million +16.9%8.0%1.7 $1.93
1/15/202312,490,000 shares $19.73 million +8.9%6.8%1.6 $1.58
12/30/202211,470,000 shares $9.75 million -6.8%6.3%1.7 $0.85
12/15/202212,300,000 shares $11.86 million -10.8%6.7%1.7 $0.96
11/30/202213,790,000 shares $16.41 million +0.4%7.6%1.6 $1.19
11/15/202213,740,000 shares $19.65 million -4.6%7.6%1.5 $1.43
10/31/202214,400,000 shares $32.26 million -5.6%7.9%1.5 $2.24
10/15/202215,260,000 shares $28.08 million +12.7%8.4%1.5 $1.84
9/30/202213,540,000 shares $24.10 million -4.3%7.5%1.1 $1.78
9/15/202214,150,000 shares $30.00 million +13.8%7.9%1.1 $2.12
8/31/202212,430,000 shares $25.23 million -1.9%6.9%1 $2.03
8/15/202212,670,000 shares $45.11 million -5.8%7.8%1 $3.56
7/31/202213,450,000 shares $28.51 million +8.8%8.3%1.1 $2.12
7/15/202212,360,000 shares $19.53 million -0.4%7.6%1.1 $1.58
6/30/202212,410,000 shares $16.51 million -10.9%7.7%1.4 $1.33
6/15/202213,930,000 shares $23.40 million +15.4%8.6%1.6 $1.68
5/31/202212,070,000 shares $30.78 million -1.9%7.5%1.5 $2.55
5/15/202212,300,000 shares $33.70 million -8.2%7.7%1.6 $2.74
4/30/202213,400,000 shares $47.70 million +1.8%8.4%1.8 $3.56
4/15/202213,160,000 shares $58.17 million +12.3%8.3%1.7 $4.42
3/31/202211,720,000 shares $64.69 million -1.4%7.4%1.5 $5.52
3/15/202211,880,000 shares $57.14 million +12.1%7.5%1.5 $4.81
2/28/202210,600,000 shares $64.77 million -11.2%6.9%1.4 $6.11
2/15/202211,930,000 shares $88.04 million +18.9%7.7%1.5 $7.38
1/31/202210,030,000 shares $59.58 million +5.5%6.5%1.2 $5.94
1/15/20229,510,000 shares $62.96 million +0.3%N/A1 $6.62
12/31/20219,480,000 shares $74.42 million +5.5%6.2%0.9 $7.85
12/15/20218,990,000 shares $77.58 million +4.7%5.8%0.8 $8.63
11/30/20218,590,000 shares $103.51 million -21.2%5.6%0.7 $12.05
11/15/202110,900,000 shares $159.47 million +47.5%7.2%0.9 $14.63
10/29/20217,390,000 shares $99.03 million +44.1%5.7%0.6 $13.40

HUT Short Interest - Frequently Asked Questions

What is Hut 8's current short interest?

Short interest is the volume of Hut 8 shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 7,130,000 shares of HUT short. 8.58% of Hut 8's shares are currently sold short. Learn More on Hut 8's current short interest.

What is a good short interest ratio for Hut 8?

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. HUT shares currently have a short interest ratio of 1.0. Learn More on Hut 8's short interest ratio.

Which institutional investors are shorting Hut 8?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Hut 8: Jane Street Group LLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., Verition Fund Management LLC, Mirae Asset Securities USA Inc., and Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Hut 8?

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. 8.58% of Hut 8's floating shares are currently sold short.

Is Hut 8's short interest increasing or decreasing?

Hut 8 saw a decline in short interest in November. As of November 30th, there was short interest totaling 7,130,000 shares, a decline of 18.2% from the previous total of 8,720,000 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.

What is Hut 8's float size?

Hut 8 currently has issued a total of 93,581,000 shares. Some of Hut 8's 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. Hut 8 currently has a public float of 83,080,000 shares.

How does Hut 8's short interest compare to its competitors?

8.58% of Hut 8's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Hut 8: Ally Financial Inc. (2.74%), UWM Holdings Co. (0.84%), Banco Santander-Chile (0.13%), Woori Financial Group Inc. (0.01%), Bancolombia S.A. (0.15%), Upstart Holdings, Inc. (23.64%), Banco Macro S.A. (0.91%), Cadence Bank (2.84%), OneMain Holdings, Inc. (4.66%), Mr. Cooper Group Inc. (2.92%),

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 Hut 8 stock?

Short selling HUT is an investing strategy that aims to generate trading profit from Hut 8 as its price is falling. HUT shares are trading up $0.15 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 Hut 8?

A short squeeze for Hut 8 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 HUT, which in turn drives the price of the stock up even further.

How often is Hut 8'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 HUT, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:HUT) was last updated on 12/18/2024 by MarketBeat.com Staff
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