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Steel Dynamics (STLD) Short Interest Ratio & Short Volume

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$125.83 +0.83 (+0.66%)
As of 01/17/2025 04:00 PM Eastern

Steel Dynamics Short Interest Data

Steel Dynamics (STLD) has a short interest of 3.75 million shares, representing 2.63% of the float (the number of shares available for trading by the public). This marks a 24.17% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.6, indicating that it would take 2.6 days of the average trading volume of 1.40 million shares to cover all short positions.

Current Short Interest
3,750,000 shares
Previous Short Interest
3,020,000 shares
Change Vs. Previous Month
+24.17%
Dollar Volume Sold Short
$427.76 million
Short Interest Ratio
2.6 Days to Cover
Last Record Date
December 31, 2024
Outstanding Shares
152,240,000 shares
Float Size
142,660,000 shares
Short Percent of Float
2.63%
Today's Trading Volume
1,359,763 shares
Average Trading Volume
1,395,611 shares
Today's Volume Vs. Average
97%
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STLD Short Interest Over Time

STLD Days to Cover Over Time

STLD Percentage of Float Shorted Over Time

Steel Dynamics Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/31/20243,750,000 shares $427.76 million +24.2%2.6%2.6 $114.07
12/15/20243,020,000 shares $369.56 million +2.0%2.1%2.2 $122.37
11/30/20242,960,000 shares $430.00 million -25.8%2.1%2.1 $145.27
11/15/20243,990,000 shares $556.25 million +15.3%2.8%2.8 $139.41
10/31/20243,460,000 shares $451.53 million -13.1%2.4%2.6 $130.50
10/15/20243,980,000 shares $511.27 million -10.8%2.8%3 $128.46
9/30/20244,460,000 shares $562.32 million -5.9%3.1%3.3 $126.08
9/15/20244,740,000 shares $534.86 million -4.1%3.3%3.4 $112.84
8/31/20244,940,000 shares $590.38 million -5.0%3.4%3.7 $119.51
8/15/20245,200,000 shares $613.86 million +15.6%3.6%4 $118.05
7/31/20244,500,000 shares $599.49 million -14.5%3.1%3.5 $133.22
7/15/20245,260,000 shares $693.85 million -15.0%3.6%4 $131.91
6/30/20246,190,000 shares $801.61 million -8.8%4.2%4.9 $129.50
6/15/20246,790,000 shares $819.49 million +7.3%4.6%5.6 $120.69
5/31/20246,330,000 shares $847.40 million +17.9%4.3%5.6 $133.87
5/15/20245,370,000 shares $735.31 million +2.7%3.7%4.8 $136.93
4/30/20245,230,000 shares $680.53 million +7.0%3.5%4.6 $130.12
4/15/20244,890,000 shares $689.34 million +7.5%3.3%4.1 $140.97
3/31/20244,550,000 shares $674.45 million -6.4%3.1%3.9 $148.23
3/15/20244,860,000 shares $670.19 million +12.2%3.3%4.1 $137.90
2/29/20244,330,000 shares $579.44 million -13.2%2.9%3.4 $133.82
2/15/20244,990,000 shares $619.31 million -3.7%3.3%3.8 $124.11
1/31/20245,180,000 shares $625.17 million +18.8%3.4%4 $120.69
1/15/20244,360,000 shares $493.64 million -6.4%2.9%3.3 $113.22
12/31/20234,660,000 shares $550.35 million -15.6%3.1%3.5 $118.10
12/15/20235,520,000 shares $687.35 million -8.6%3.7%4.1 $124.52
11/30/20236,040,000 shares $719.55 million -2.6%4.0%4.4 $119.13
11/15/20236,200,000 shares $689.81 million -1.9%4.1%4.8 $111.26
10/31/20236,320,000 shares $673.14 million +13.3%4.1%4.7 $106.51
10/15/20235,580,000 shares $590.98 million -6.1%3.6%4.2 $105.91
9/30/20235,940,000 shares $636.89 million -0.3%3.8%4.7 $107.22
9/15/20235,960,000 shares $588.31 million -7.0%3.8%4.7 $98.71
8/31/20236,410,000 shares $683.24 million +5.6%4.1%4.8 $106.59
8/15/20236,070,000 shares $632.55 million +4.5%3.9%4.2 $104.21
7/31/20235,810,000 shares $619.23 million +2.7%3.7%3.9 $106.58
7/15/20235,660,000 shares $602.00 million +0.9%3.6%3.7 $106.36
6/30/20235,610,000 shares $611.10 million -8.9%3.5%3.4 $108.93
6/15/20236,160,000 shares $652.71 million -7.7%3.9%3.6 $105.96
5/31/20236,670,000 shares $612.97 million -1.3%4.2%3.6 $91.90
5/15/20236,760,000 shares $662.62 million +13.8%4.3%3.6 $98.02
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4/30/20235,940,000 shares $617.46 million -2.8%3.8%3.2 $103.95
4/15/20236,110,000 shares $638.25 million +1.2%3.8%3.2 $104.46
3/31/20236,040,000 shares $682.88 million +21.3%3.8%3.2 $113.06
3/15/20234,980,000 shares $506.72 million +12.4%3.1%2 $101.75
2/28/20234,430,000 shares $558.67 million +1.1%2.8%1.9 $126.11
2/15/20234,380,000 shares $550.48 million -8.4%2.7%1.9 $125.68
1/31/20234,780,000 shares $576.66 million -10.8%2.9%2.1 $120.64
1/15/20235,360,000 shares $597.75 million -3.3%3.3%2.3 $111.52
12/30/20225,540,000 shares $541.26 million -1.4%3.4%2.3 $97.70
12/15/20225,620,000 shares $572.79 million -4.6%3.4%2.4 $101.92
11/30/20225,890,000 shares $612.15 million +6.3%3.6%3.4 $103.93
11/15/20225,540,000 shares $556.66 million -0.7%3.4%3.1 $100.48
10/31/20225,580,000 shares $524.80 million +3.3%3.4%3.2 $94.05
10/15/20225,400,000 shares $421.52 million -2.9%3.1%3.1 $78.06
9/30/20225,560,000 shares $394.48 million +15.4%3.2%3.3 $70.95
9/15/20224,820,000 shares $367.43 million -0.6%2.8%2.8 $76.23
8/31/20224,850,000 shares $391.49 million +8.0%2.8%2.6 $80.72
8/15/20224,490,000 shares $375.14 million -0.4%2.6%2.4 $83.55
7/31/20224,510,000 shares $351.24 million +0.5%2.5%2.2 $77.88
7/15/20224,490,000 shares $301.10 million -19.5%2.5%2.1 $67.06
6/30/20225,580,000 shares $369.12 million -27.2%3.1%2.6 $66.15
6/15/20227,660,000 shares $551.90 million +10.1%4.3%3.4 $72.05
5/31/20226,960,000 shares $594.24 million -2.3%3.9%3.1 $85.38
5/15/20227,120,000 shares $527.81 million +16.3%4.0%3 $74.13
4/30/20226,120,000 shares $524.79 million -6.3%3.4%2.6 $85.75
4/15/20226,530,000 shares $576.73 million -9.2%3.7%2.6 $88.32
3/31/20227,190,000 shares $599.86 million -5.6%4.0%2.9 $83.43
3/15/20227,620,000 shares $557.10 million -8.2%4.2%3.2 $73.11
2/28/20228,300,000 shares $585.81 million +4.8%4.6%3.7 $70.58
2/15/20227,920,000 shares $505.14 million +15.0%4.2%3.8 $63.78
1/31/20226,890,000 shares $382.53 million +12.6%3.7%3.4 $55.52
1/15/20226,120,000 shares $380.73 million +12.7%3.3%3.2 $62.21
12/31/20215,430,000 shares $337.04 million +8.6%N/A3 $62.07
12/15/20215,000,000 shares $294.10 million +2.0%2.7%2.7 $58.82
11/30/20214,900,000 shares $293.02 million +0.8%2.6%2.5 $59.80
11/15/20214,860,000 shares $318.23 million -3.4%2.6%2.5 $65.48
10/29/20215,030,000 shares $332.38 million +12.5%2.7%2.5 $66.08
10/15/20214,470,000 shares $276.60 million -5.7%2.3%2.1 $61.88
9/30/20214,740,000 shares $277.20 million +20.6%2.5%2.3 $58.48
9/15/20213,930,000 shares $255.61 million -15.5%2.0%1.9 $65.04
8/31/20214,650,000 shares $313.83 million -6.8%2.4%2.3 $67.49
8/13/20214,990,000 shares $364.87 million +18.8%2.6%2.3 $73.12
7/30/20214,200,000 shares $270.69 million -4.3%2.2%1.8 $64.45
7/15/20214,390,000 shares $270.51 million -4.8%2.2%1.9 $61.62
6/30/20214,610,000 shares $274.76 million +8.0%2.3%1.9 $59.60
6/15/20214,270,000 shares $269.78 million +1.7%2.1%1.8 $63.18
5/28/20214,200,000 shares $262.21 million -7.5%2.1%1.7 $62.43
5/14/20214,540,000 shares $289.06 million +12.1%2.3%1.8 $63.67
4/30/20214,050,000 shares $223.88 million +4.9%2.0%1.7 $55.28
4/15/20213,860,000 shares $196.17 million +3.8%1.9%1.7 $50.82
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3/31/20213,720,000 shares $190.76 million -15.5%1.9%1.7 $51.28
3/15/20214,400,000 shares $216.44 million +10.3%2.2%2 $49.19
2/26/20213,990,000 shares $167.86 million -1.7%2.0%2 $42.07
2/12/20214,060,000 shares $157.45 million -5.8%2.0%2.2 $38.78
1/29/20214,310,000 shares $151.54 million -3.2%2.2%2.2 $35.16
1/15/20214,450,000 shares $179.69 million +7.0%2.2%2.4 $40.38
12/31/20204,160,000 shares $152.21 million +6.9%2.1%2.2 $36.59
12/15/20203,890,000 shares $147.59 million -8.0%2.0%2.1 $37.94
11/30/20204,230,000 shares $159.26 million -1.2%2.1%2.2 $37.65
11/15/20204,280,000 shares $148.17 million +6.7%2.2%2.3 $34.62
10/30/20204,010,000 shares $126.80 million +26.5%2.0%2.3 $31.62
10/15/20203,170,000 shares $105.43 million +7.5%1.6%1.9 $33.26
9/30/20202,950,000 shares $84.46 million -27.7%1.5%1.8 $28.63
9/15/20204,080,000 shares $123.91 million -1.0%2.1%2.4 $30.37
8/31/20204,120,000 shares $121.62 million -17.4%2.1%2.5 $29.52
8/14/20204,990,000 shares $154.44 million +5.9%2.5%2.8 $30.95
7/31/20204,710,000 shares $129.10 million -4.7%2.4%2.5 $27.41
7/15/20204,940,000 shares $130.76 million +10.0%2.5%2.5 $26.47
6/30/20204,490,000 shares $117.14 million -3.2%2.3%2.2 $26.09
6/15/20204,640,000 shares $124.03 million -8.1%2.3%2 $26.73
5/29/20205,050,000 shares $134.13 million +9.5%2.5%1.9 $26.56
5/15/20204,610,000 shares $103.82 million +7.5%2.3%1.7 $22.52
4/30/20204,290,000 shares $104.12 million -20.0%2.1%1.6 $24.27
4/15/20205,360,000 shares $117.12 million +20.7%2.7%1.9 $21.85
3/31/20204,440,000 shares $104.52 million -18.4%2.2%1.6 $23.54
3/13/20205,438,900 shares $130.32 million +5.6%2.7%1.7 $23.96
2/28/20205,150,000 shares $92.13 million +6.6%2.5%2.4 $17.89
2/14/20204,830,000 shares $109.11 million -1.8%2.4%2.4 $22.59
1/31/20204,920,000 shares $137.07 million -15.2%2.4%2.5 $27.86

STLD Short Interest - Frequently Asked Questions

What is Steel Dynamics' current short interest?

Short interest is the volume of Steel Dynamics shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 3,750,000 shares of STLD short. 2.63% of Steel Dynamics' shares are currently sold short. Learn More on Steel Dynamics' current short interest.

What is a good short interest ratio for Steel Dynamics?

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. STLD shares currently have a short interest ratio of 3.0. Learn More on Steel Dynamics's short interest ratio.

Which institutional investors are shorting Steel Dynamics?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Steel Dynamics: JPMorgan Chase & Co., Jane Street Group LLC, Wolverine Trading LLC, Readystate Asset Management LP, Point72 Asset Management L.P., Centiva Capital LP, Capstone Investment Advisors LLC, Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, Citigroup Inc., and Genus Capital Management Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Steel Dynamics?

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. 2.63% of Steel Dynamics' floating shares are currently sold short.

Is Steel Dynamics' short interest increasing or decreasing?

Steel Dynamics saw a increase in short interest in December. As of December 31st, there was short interest totaling 3,750,000 shares, an increase of 24.2% from the previous total of 3,020,000 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 Steel Dynamics' float size?

Steel Dynamics currently has issued a total of 152,240,000 shares. Some of Steel Dynamics' 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. Steel Dynamics currently has a public float of 142,660,000 shares.

How does Steel Dynamics' short interest compare to its competitors?

2.63% of Steel Dynamics' shares are currently sold short. Here is how the short interest of companies compare to Steel Dynamics: Nucor Co. (2.04%), Reliance, Inc. (2.23%), Carpenter Technology Co. (4.91%), United States Steel Co. (7.66%), ATI Inc. (2.36%), Commercial Metals (3.26%), Cleveland-Cliffs Inc. (8.73%), Worthington Enterprises, Inc. (4.46%), Olympic Steel, Inc. (3.53%), Radius Recycling, Inc. (1.61%),

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. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

What does it mean to sell short Steel Dynamics stock?

Short selling STLD is an investing strategy that aims to generate trading profit from Steel Dynamics as its price is falling. STLD shares are trading up $0.83 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 Steel Dynamics?

A short squeeze for Steel Dynamics 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 STLD, which in turn drives the price of the stock up even further.

How often is Steel Dynamics' 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 STLD, twice per month. The most recent reporting period available is December, 31 2024.




This page (NASDAQ:STLD) was last updated on 1/20/2025 by MarketBeat.com Staff
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