Select Interior Concepts (SIC) Short Interest Ratio & Short Volume

Short interest is the volume of Select Interior Concepts shares that have been sold short but have not yet been closed out or covered. As of September 30th, investors have sold 130,100 shares of SIC short. 0.62% of Select Interior Concepts' shares are currently sold short. Learn More on Select Interior Concepts' current short interest.

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. 0.62% of Select Interior Concepts' floating shares are currently sold short.

Select Interior Concepts saw a decline in short interest in September. As of September 30th, there was short interest totaling 130,100 shares, a decline of 40.4% from the previous total of 218,300 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.

Select Interior Concepts currently has issued a total of 25,946,000 shares. Some of Select Interior Concepts' 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. Select Interior Concepts currently has a public float of 21,080,000 shares.

0.62% of Select Interior Concepts' shares are currently sold short. Here is how the short interest of companies compare to Select Interior Concepts: Xinyuan Real Estate Co., Ltd. (0.19%), Lennar Co. (2.76%), Installed Building Products, Inc. (8.62%), The GEO Group, Inc. (7.83%), Savers Value Village, Inc. (23.88%), Steven Madden, Ltd. (7.24%), Cable One, Inc. (20.05%), MasterBrand, Inc. (3.30%), Monarch Casino & Resort, Inc. (1.41%), Universal Technical Institute, Inc. (4.79%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Kansas City Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Video Communications, Inc. ($2.87 billion), Match Group, Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

Short selling SIC is an investing strategy that aims to generate trading profit from Select Interior Concepts as its price is falling. 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 Select Interior Concepts 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 SIC, 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 SIC, twice per month. The most recent reporting period available is September, 30 2021.