Lincoln Electric (LECO) Short Interest Ratio & Short Volume

Short interest is the volume of Lincoln Electric shares that have been sold short but have not yet been closed out or covered. As of December 15th, traders have sold 929,600 shares of LECO short. 1.73% of Lincoln Electric's shares are currently sold short. Learn More on Lincoln Electric'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. LECO shares currently have a short interest ratio of 3.0. Learn More on Lincoln Electric's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Lincoln Electric: Wolverine Trading LLC, Walleye Trading LLC, Walleye Capital 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. 1.73% of Lincoln Electric's floating shares are currently sold short.

Lincoln Electric saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 929,600 shares, an increase of 3.6% from the previous total of 897,300 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.

Lincoln Electric currently has issued a total of 56,426,000 shares. Some of Lincoln Electric'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. Lincoln Electric currently has a public float of 53,880,000 shares.

1.73% of Lincoln Electric's shares are currently sold short. Here is how the short interest of companies in the industry of "industrial machinery" compare to Lincoln Electric: Ingersoll Rand Inc. (2.28%), Xylem Inc. (1.41%), Dover Co. (0.97%), Snap-on Incorporated (4.07%), Pentair plc (1.38%), IDEX Co. (1.80%), Graco Inc. (1.15%), Stanley Black & Decker, Inc. (2.60%), Nordson Co. (2.22%), ITT Inc. (1.65%),

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 LECO is an investing strategy that aims to generate trading profit from Lincoln Electric as its price is falling. LECO shares are trading down $0.97 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 Lincoln Electric 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 LECO, 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 LECO, twice per month. The most recent reporting period available is December, 15 2024.