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Shoals Technologies Group (SHLS) Short Interest Ratio & Short Volume

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$4.56 -0.66 (-12.64%)
(As of 11/15/2024 ET)

Shoals Technologies Group Short Interest Data

Shoals Technologies Group (SHLS) has a short interest of 19.39 million shares, representing 11.75% of the float (the number of shares available for trading by the public). This marks a 16.04% increase in short interest from the previous month. The short interest ratio (days to cover) is 3.9, indicating that it would take 3.9 days of the average trading volume of 5.15 million shares to cover all short positions.

Current Short Interest
19,390,000 shares
Previous Short Interest
16,710,000 shares
Change Vs. Previous Month
+16.04%
Dollar Volume Sold Short
$104.90 million
Short Interest Ratio
3.9 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
166,650,000 shares
Float Size
165,090,000 shares
Short Percent of Float
11.75%
Today's Trading Volume
6,640,935 shares
Average Trading Volume
5,150,108 shares
Today's Volume Vs. Average
129%
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SHLS Short Interest Over Time

SHLS Days to Cover Over Time

SHLS Percentage of Float Shorted Over Time

Shoals Technologies Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/202419,390,000 shares $104.90 million +16.0%11.8%3.9 $5.41
10/15/202416,710,000 shares $85.56 million -0.1%10.1%3.2 $5.12
9/30/202416,720,000 shares $93.80 million -22.2%10.4%3.1 $5.61
9/15/202421,490,000 shares $136.46 million +31.4%13.3%3.9 $6.35
8/31/202416,350,000 shares $88.13 million -16.8%10.1%2.7 $5.39
8/15/202419,650,000 shares $104.34 million -20.2%12.2%3.4 $5.31
7/31/202424,630,000 shares $160.10 million -4.2%14.9%3.8 $6.50
7/15/202425,720,000 shares $174.90 million -4.7%15.5%4.3 $6.80
6/30/202426,980,000 shares $168.36 million +5.7%16.3%4.6 $6.24
6/15/202425,532,200 shares $165.45 million +21.1%15.4%4.5 $6.48
5/31/202421,080,000 shares $165.90 million +10.9%12.7%4.1 $7.87
5/15/202419,010,000 shares $129.08 million -15.9%11.5%3.9 $6.79
4/30/202422,600,000 shares $190.97 million +3.4%13.8%5.4 $8.45
4/15/202421,860,000 shares $190.62 million -14.0%13.3%5.5 $8.72
3/31/202425,430,000 shares $284.31 million +0.7%15.5%6.8 $11.18
3/15/202425,250,000 shares $304.52 million -5.8%15.4%7.2 $12.06
2/29/202426,790,000 shares $343.72 million -0.2%16.3%7.2 $12.83
2/15/202426,850,000 shares $442.49 million -1.3%16.4%7.8 $16.48
1/31/202427,210,000 shares $358.36 million +3.3%16.6%7.4 $13.17
1/15/202426,350,000 shares $357.57 million +1.7%16.1%7.4 $13.57
12/31/202325,910,000 shares $402.64 million +3.3%N/A7.1 $15.54
12/15/202325,080,000 shares $397.02 million +7.9%15.3%6.5 $15.83
11/30/202323,240,000 shares $321.87 million -3.2%14.2%6.6 $13.85
11/15/202324,010,000 shares $375.28 million +7.5%14.7%7.2 $15.63
10/31/202322,330,000 shares $342.99 million +16.1%13.6%7.3 $15.36
10/15/202319,230,000 shares $309.03 million -5.8%11.7%6.5 $16.07
9/30/202320,420,000 shares $372.67 million +0.9%12.5%7.6 $18.25
9/15/202320,240,000 shares $424.84 million +13.9%12.4%9 $20.99
8/31/202317,770,000 shares $349.71 million +7.4%10.8%7.6 $19.68
8/15/202316,550,000 shares $342.25 million +5.9%10.1%7.5 $20.68
7/31/202315,630,000 shares $405.75 million -3.0%9.5%6.2 $25.96
7/15/202316,120,000 shares $408.64 million +13.6%9.8%6.2 $25.35
6/30/202314,190,000 shares $362.70 million +15.7%8.7%5.5 $25.56
6/15/202312,270,000 shares $315.22 million +8.8%7.5%4.6 $25.69
5/31/202311,280,000 shares $264.97 million -10.1%6.9%3.5 $23.49
5/15/202312,550,000 shares $310.11 million -0.8%7.7%3.4 $24.71
4/30/202312,650,000 shares $264.26 million +4.9%9.5%3.7 $20.89
4/15/202312,060,000 shares $276.90 million +8.2%9.0%3.8 $22.96
3/31/202311,150,000 shares $254.11 million +20.8%8.5%3.5 $22.79
3/15/20239,230,000 shares $185.52 million +28.6%7.0%2.9 $20.10
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2/28/20237,180,000 shares $176.20 million -1.8%6.6%2.6 $24.54
2/15/20237,310,000 shares $205.19 million -5.6%6.8%2.7 $28.07
1/31/20237,740,000 shares $215.87 million +27.3%7.2%2.7 $27.89
1/15/20236,080,000 shares $172.19 million -33.6%5.6%2.2 $28.32
12/30/20229,160,000 shares $225.98 million +9.6%8.5%3.6 $24.67
12/15/20228,360,000 shares $224.55 million +16.8%7.7%3.3 $26.86
11/30/20227,160,000 shares $207.43 million -19.0%6.6%2.9 $28.97
11/15/20228,840,000 shares $242.22 million -3.3%8.3%4.9 $27.40
10/31/20229,140,000 shares $211.23 million No Change8.7%5.5 $23.11
10/15/20229,140,000 shares $182.71 million +5.2%8.7%5.1 $19.99
9/30/20228,690,000 shares $187.27 million -7.5%8.3%4.9 $21.55
9/15/20229,390,000 shares $232.68 million +5.3%8.9%4.5 $24.78
8/31/20228,920,000 shares $235.22 million -6.9%8.5%4.1 $26.37
8/15/20229,580,000 shares $239.98 million -2.6%9.1%4.1 $25.05
7/31/20229,840,000 shares $232.52 million -9.8%9.4%3.9 $23.63
7/15/202210,910,000 shares $176.52 million -3.9%10.4%4 $16.18
6/30/202211,350,000 shares $187.05 million +10.5%10.8%3.8 $16.48
6/15/202210,270,000 shares $194.92 million +5.3%9.8%3.3 $18.98
5/31/20229,750,000 shares $152.10 million -10.3%9.3%3.2 $15.60
5/15/202210,870,000 shares $136.74 million -17.0%17.9%3.6 $12.58
4/30/202213,090,000 shares $130.64 million -3.8%21.6%4.5 $9.98
4/15/202213,610,000 shares $172.57 million +66.8%22.4%4.7 $12.68
3/31/20228,160,000 shares $139.05 million +3.8%14.4%3 $17.04
3/15/20227,860,000 shares $143.13 million +34.4%13.9%3.4 $18.21
2/28/20225,850,000 shares $92.49 million -15.2%11.1%2.9 $15.81
2/15/20226,900,000 shares $100.12 million -2.0%6.7%3.7 $14.51
1/31/20227,040,000 shares $118.69 million +9.8%6.9%4 $16.86
1/15/20226,410,000 shares $132.56 million +7.2%6.2%4.3 $20.68
12/31/20215,980,000 shares $145.31 million -12.3%5.8%4.4 $24.30
12/15/20216,820,000 shares $178.89 million +26.1%6.6%5 $26.23
11/30/20215,410,000 shares $152.02 million -23.2%5.2%3.8 $28.10
11/15/20217,040,000 shares $257.31 million -4.2%6.8%5.2 $36.55
10/29/20217,350,000 shares $227.78 million +18.6%7.1%5.9 $30.99
10/15/20216,200,000 shares $175.03 million +10.3%6.0%5 $28.23
9/30/20215,620,000 shares $156.69 million +17.6%5.4%3.7 $27.88
9/15/20214,780,000 shares $155.16 million +5.8%4.6%3.2 $32.46
8/31/20214,520,000 shares $147.22 million -12.1%4.4%3 $32.57
8/13/20215,140,000 shares $169.72 million No Change5.0%3.2 $33.02

SHLS Short Interest - Frequently Asked Questions

What is Shoals Technologies Group's current short interest?

Short interest is the volume of Shoals Technologies Group shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 19,390,000 shares of SHLS short. 11.75% of Shoals Technologies Group's shares are currently sold short. Learn More on Shoals Technologies Group's current short interest.

What is a good short interest ratio for Shoals Technologies Group?

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. SHLS shares currently have a short interest ratio of 4.0. Learn More on Shoals Technologies Group's short interest ratio.

Which institutional investors are shorting Shoals Technologies Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Shoals Technologies Group: Wolverine Trading LLC, Walleye Trading LLC, and Walleye Capital LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Shoals Technologies Group?

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. 11.75% of Shoals Technologies Group's floating shares are currently sold short.

Is Shoals Technologies Group's short interest increasing or decreasing?

Shoals Technologies Group saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 19,390,000 shares, an increase of 16.0% from the previous total of 16,710,000 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 Shoals Technologies Group's float size?

Shoals Technologies Group currently has issued a total of 166,650,000 shares. Some of Shoals Technologies Group'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. Shoals Technologies Group currently has a public float of 165,090,000 shares.

How does Shoals Technologies Group's short interest compare to its competitors?

11.75% of Shoals Technologies Group's shares are currently sold short. Here is how the short interest of companies in the industry of "electronic equipment" compare to Shoals Technologies Group: Kulicke and Soffa Industries, Inc. (6.66%), Viavi Solutions Inc. (1.95%), NextNav Inc. (10.54%), Silicon Motion Technology Co. (1.99%), Daqo New Energy Corp. (5.65%), Napco Security Technologies, Inc. (9.49%), Bel Fuse Inc. (9.51%), Applied Optoelectronics, Inc. (23.98%), JinkoSolar Holding Co., Ltd. (9.41%), SMART Global Holdings, Inc. (12.00%),

Which stocks are the most shorted right now?

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.

What does it mean to sell short Shoals Technologies Group stock?

Short selling SHLS is an investing strategy that aims to generate trading profit from Shoals Technologies Group as its price is falling. SHLS shares are trading down $0.66 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 Shoals Technologies Group?

A short squeeze for Shoals Technologies Group 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 SHLS, which in turn drives the price of the stock up even further.

How often is Shoals Technologies Group'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 SHLS, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:SHLS) was last updated on 11/17/2024 by MarketBeat.com Staff
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