Sotera Health (SHC) Short Interest Ratio & Short Volume

Short interest is the volume of Sotera Health shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 8,980,000 shares of SHC short. 5.88% of Sotera Health's shares are currently sold short. Learn More on Sotera Health'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. SHC shares currently have a short interest ratio of 7.0. Learn More on Sotera Health's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Sotera Health: Jane Street Group LLC. 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. 5.88% of Sotera Health's floating shares are currently sold short.

Sotera Health saw a drop in short interest in October. As of October 31st, there was short interest totaling 8,980,000 shares, a drop of 11.1% from the previous total of 10,100,000 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.

Sotera Health currently has issued a total of 283,239,000 shares. Some of Sotera Health'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. Sotera Health currently has a public float of 152,710,000 shares.

5.88% of Sotera Health's shares are currently sold short. Here is how the short interest of companies compare to Sotera Health: RadNet, Inc. (5.00%), Qiagen (1.61%), Fresenius Medical Care AG (0.17%), Hims & Hers Health, Inc. (19.10%), Guardant Health, Inc. (8.30%), Option Care Health, Inc. (2.63%), BrightSpring Health Services, Inc. (11.70%), Veracyte, Inc. (4.00%), Surgery Partners, Inc. (14.30%), LifeStance Health Group, Inc. (11.52%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling SHC is an investing strategy that aims to generate trading profit from Sotera Health as its price is falling. SHC shares are trading down $0.40 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 Sotera Health 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 SHC, 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 SHC, twice per month. The most recent reporting period available is October, 31 2024.