Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.

Universal Stainless & Alloy Products (USAP) Short Interest Ratio & Short Volume

Universal Stainless & Alloy Products logo

Universal Stainless & Alloy Products Short Interest Data

Universal Stainless & Alloy Products (USAP) has a short interest of 412,800 shares, representing 4.86% of the float (the number of shares available for trading by the public). This marks a 1.23% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.5, indicating that it would take 2.5 days of the average trading volume of 329,303 shares to cover all short positions.

Current Short Interest
412,800 shares
Previous Short Interest
407,800 shares
Change Vs. Previous Month
+1.23%
Dollar Volume Sold Short
$15.72 million
Short Interest Ratio
2.5 Days to Cover
Last Record Date
September 15, 2024
Outstanding Shares
9,310,000 shares
Float Size
8,490,000 shares
Short Percent of Float
4.86%
Today's Trading Volume
140,490 shares
Average Trading Volume
329,303 shares
Today's Volume Vs. Average
43%
Short Selling Universal Stainless & Alloy Products?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Universal Stainless & Alloy Products and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

USAP Short Interest Over Time

USAP Days to Cover Over Time

USAP Percentage of Float Shorted Over Time

Universal Stainless & Alloy Products Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
9/15/2024412,800 shares $15.72 million +1.2%4.9%2.5 $38.09
8/31/2024407,800 shares $17.18 million +8.1%4.8%2.4 $42.12
8/15/2024377,300 shares $14.63 million +1.3%4.4%2.1 $38.77
7/31/2024372,300 shares $13.97 million +13.3%4.4%2.1 $37.52
7/15/2024328,500 shares $9.70 million +104.8%3.9%2 $29.52
6/30/2024160,400 shares $4.39 million -9.8%1.9%1 $27.38
6/15/2024177,800 shares $5.48 million +77.1%2.1%1.2 $30.80
5/31/2024100,400 shares $3.30 million +12.1%1.2%0.8 $32.83
5/15/202489,600 shares $3.02 million +13.7%1.1%0.8 $33.73
4/30/202478,800 shares $2.06 million -24.1%0.9%0.7 $26.15
4/15/2024103,800 shares $2.59 million +83.1%1.2%1.1 $24.96
3/31/202456,700 shares $1.27 million +24.1%0.7%0.6 $22.42
3/15/202445,700 shares $964,727.00 +49.4%0.6%0.5 $21.11
2/29/202430,600 shares $623,934.00 -28.3%0.4%0.4 $20.39
2/15/202442,700 shares $888,160.00 +40.0%0.5%0.6 $20.80
1/31/202430,500 shares $578,280.00 -4.1%0.4%0.4 $18.96
1/15/202431,800 shares $623,280.00 +2.6%0.4%0.5 $19.60
12/31/202331,000 shares $622,480.00 +8.4%0.4%0.5 $20.08
12/15/202328,600 shares $484,484.00 +26.6%0.3%0.6 $16.94
11/30/202322,600 shares $381,940.00 +52.7%0.3%0.5 $16.90
11/15/202314,800 shares $218,300.00 -19.1%0.2%0.4 $14.75
10/31/202318,300 shares $264,252.00 -6.2%0.2%0.5 $14.44
10/15/202319,500 shares $222,690.00 +14.0%0.2%0.5 $11.42
9/30/202317,100 shares $224,181.00 -48.5%0.2%0.4 $13.11
9/15/202333,200 shares $454,342.00 +39.5%0.4%0.7 $13.69
8/31/202323,800 shares $324,394.00 +13.3%0.3%0.5 $13.63
8/15/202321,000 shares $292,530.00 -12.1%0.3%0.4 $13.93
7/31/202323,900 shares $382,639.00 +4.8%0.3%0.4 $16.01
7/15/202322,800 shares $328,548.00 -16.8%0.3%0.4 $14.41
6/30/202327,400 shares $383,874.00 -27.3%0.3%0.6 $14.01
6/15/202337,700 shares $439,205.00 +40.7%0.5%1 $11.65
5/31/202326,800 shares $325,352.00 +46.5%0.3%0.8 $12.14
5/15/202318,300 shares $184,281.00 +10.9%0.2%0.6 $10.07
4/30/202316,500 shares $156,255.00 -7.8%0.2%0.6 $9.47
4/15/202317,900 shares $157,341.00 -18.3%0.2%0.7 $8.79
3/31/202321,900 shares $204,765.00 -35.8%0.3%0.8 $9.35
3/15/202334,100 shares $298,034.00 +24.9%0.4%1.4 $8.74
2/28/202327,300 shares $265,629.00 -8.1%0.3%1.1 $9.73
2/15/202329,700 shares $241,758.00 +38.8%0.4%1.5 $8.14
1/31/202321,400 shares $173,126.00 -32.1%0.3%1.4 $8.09
Musk Says ‘Dollar Will Be Worth Nothing…’ (Ad)

Coins Set to Soar with a Pro-Crypto White House President-Elect Donald Trump is reported to be holding over $3 Million worth of crypto – and he's not the only one at the top interested in digital assets…

Click here to reserve your free seat at the Crypto Community Summit
1/15/202331,500 shares $257,355.00 +30.7%0.4%2 $8.17
12/30/202224,100 shares $172,797.00 +518.0%0.3%1.7 $7.17
12/15/20223,900 shares $27,066.00 -38.1%0.1%0.3 $6.94
11/30/20226,300 shares $45,234.00 -22.2%0.1%0.5 $7.18
11/15/20228,100 shares $62,694.00 +170.0%0.1%0.7 $7.74
10/31/20223,000 shares $22,050.00 -37.5%0.0%0.2 $7.35
10/15/20224,800 shares $35,088.00 -21.3%0.1%0.4 $7.31
9/30/20226,100 shares $43,432.00 -27.4%0.1%0.5 $7.12
9/15/20228,400 shares $65,436.00 +12.0%0.1%0.6 $7.79
8/31/20227,500 shares $59,925.00 -61.7%0.1%0.5 $7.99
8/15/202219,600 shares $169,540.00 +26.5%0.2%1.1 $8.65
7/31/202215,500 shares $131,750.00 -49.7%0.2%0.9 $8.50
7/15/202230,800 shares $223,300.00 +79.1%0.4%1.6 $7.25
6/30/202217,200 shares $127,280.00 -17.3%0.2%0.6 $7.40
6/15/202220,800 shares $149,344.00 +89.1%0.3%0.6 $7.18
5/31/202211,000 shares $89,540.00 -46.3%0.1%0.2 $8.14
5/15/202220,500 shares $153,545.00 +376.7%0.3%0.4 $7.49
4/30/20224,300 shares $37,410.00 -62.6%0.1%0.1 $8.70
4/15/202211,500 shares $99,516.40 +21.1%0.1%0.2 $8.65
3/31/20229,500 shares $82,460.00 -4.0%0.1%0.2 $8.68
3/15/20229,900 shares $90,387.00 -57.7%0.1%0.3 $9.13
2/28/202223,400 shares $233,064.00 +32.2%0.3%0.8 $9.96
2/15/202217,700 shares $167,353.50 +0.6%0.2%0.7 $9.46
1/31/202217,600 shares $154,000.00 +112.1%0.2%0.8 $8.75
1/15/20228,300 shares $74,285.00 +53.7%0.1%0.5 $8.95
12/31/20215,400 shares $42,876.00 -23.9%0.1%0.3 $7.94
12/15/20217,100 shares $57,652.00 +18.3%0.1%0.4 $8.12
11/30/20216,000 shares $45,600.00 -37.5%0.1%0.3 $7.60
11/15/20219,600 shares $87,360.00 -26.7%0.1%0.6 $9.10
10/29/202113,100 shares $124,188.00 +22.4%0.2%0.8 $9.48
10/15/202110,700 shares $106,144.00 +21.6%0.1%0.6 $9.92
9/30/20218,800 shares $89,496.00 -15.4%0.1%0.4 $10.17
9/15/202110,400 shares $111,800.00 -12.6%0.1%0.4 $10.75
8/31/202111,900 shares $132,209.00 -41.7%0.1%0.5 $11.11
8/13/202120,400 shares $231,132.00 +100.0%0.3%0.6 $11.33
7/30/202110,200 shares $114,954.00 -32.0%0.1%0.3 $11.27
7/15/202115,000 shares $163,500.00 +15.4%0.2%0.3 $10.90
6/30/202113,000 shares $131,560.00 -26.6%0.2%0.3 $10.12
6/15/202117,700 shares $189,921.00 -6.8%0.2%0.4 $10.73
5/28/202119,000 shares $204,250.00 -26.1%0.2%0.5 $10.75
5/14/202125,700 shares $241,837.00 -26.6%0.3%0.7 $9.41
4/30/202135,000 shares $310,450.00 -12.1%0.4%0.9 $8.87
4/15/202139,800 shares $365,762.00 +0.8%0.5%1 $9.19
3/31/202139,500 shares $402,110.00 +36.2%0.5%0.9 $10.18
3/15/202129,000 shares $311,750.00 +9.4%0.4%0.6 $10.75
2/26/202126,500 shares $272,420.00 +61.6%0.3%0.5 $10.28
2/12/202116,400 shares $141,860.00 +49.1%0.2%0.3 $8.65
1/29/202111,000 shares $80,960.00 +50.7%0.1%0.2 $7.36
1/15/20217,300 shares $60,371.00 -37.1%0.1%0.1 $8.27
12/31/202011,600 shares $87,116.00 -50.0%0.1%0.2 $7.51
Musk Says ‘Dollar Will Be Worth Nothing…’ (Ad)

Coins Set to Soar with a Pro-Crypto White House President-Elect Donald Trump is reported to be holding over $3 Million worth of crypto – and he's not the only one at the top interested in digital assets…

Click here to reserve your free seat at the Crypto Community Summit
12/15/202023,200 shares $176,088.00 +14.3%0.3%0.5 $7.59
11/30/202020,300 shares $140,070.00 -15.4%0.2%0.6 $6.90
10/30/202019,500 shares $109,980.00 +85.7%0.2%0.6 $5.64
10/15/202010,500 shares $59,325.00 -11.8%0.1%0.4 $5.65
9/30/202011,900 shares $65,331.00 -7.0%0.1%0.5 $5.49
9/15/202012,800 shares $81,664.00 +2.4%0.2%0.6 $6.38
8/31/202012,500 shares $84,000.00 +25.0%0.2%0.6 $6.72
8/14/202010,000 shares $76,700.00 +25.0%0.1%0.5 $7.67
7/31/20208,000 shares $57,520.00 -50.6%0.1%0.5 $7.19
7/15/202016,200 shares $130,410.00 -25.0%0.2%0.8 $8.05
6/30/202021,600 shares $185,760.00 +33.3%0.3%0.9 $8.60
6/15/202016,200 shares $129,600.00 -5.3%0.2%0.6 $8.00
5/29/202017,100 shares $134,064.00 -10.5%0.2%0.5 $7.84
5/15/202019,100 shares $133,127.00 +11.1%0.2%0.6 $6.97
4/30/202017,200 shares $128,484.00 -29.5%0.2%0.6 $7.47
4/15/202024,400 shares $170,800.00 -31.5%0.3%0.8 $7.00
3/31/202035,600 shares $274,476.00 -44.2%0.4%1.3 $7.71
3/13/202063,800 shares $523,160.00 -14.9%0.8%2.8 $8.20
2/28/202075,000 shares $504,000.00 -3.0%0.9%3.4 $6.72
2/14/202077,300 shares $688,743.00 -8.2%0.9%3.3 $8.91
1/31/202084,200 shares $1.06 million -6.4%1.0%3.5 $12.56
1/15/202090,000 shares $1.21 million -5.9%1.1%3.4 $13.41
12/31/201995,600 shares $1.31 million -13.7%1.1%3.8 $13.74

USAP Short Interest - Frequently Asked Questions

What is Universal Stainless & Alloy Products' current short interest?

Short interest is the volume of Universal Stainless & Alloy Products shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 412,800 shares of USAP short. 4.86% of Universal Stainless & Alloy Products' shares are currently sold short. Learn More on Universal Stainless & Alloy Products' current short interest.

What is a good short interest ratio for Universal Stainless & Alloy Products?

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. USAP shares currently have a short interest ratio of 2.0. Learn More on Universal Stainless & Alloy Products's short interest ratio.

Which institutional investors are shorting Universal Stainless & Alloy Products?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Universal Stainless & Alloy Products: Wolverine Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Universal Stainless & Alloy Products?

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. 4.86% of Universal Stainless & Alloy Products' floating shares are currently sold short.

Is Universal Stainless & Alloy Products' short interest increasing or decreasing?

Universal Stainless & Alloy Products saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 412,800 shares, an increase of 1.2% from the previous total of 407,800 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 Universal Stainless & Alloy Products' float size?

Universal Stainless & Alloy Products currently has issued a total of 9,310,000 shares. Some of Universal Stainless & Alloy Products' 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. Universal Stainless & Alloy Products currently has a public float of 8,490,000 shares.

How does Universal Stainless & Alloy Products' short interest compare to its competitors?

4.86% of Universal Stainless & Alloy Products' shares are currently sold short. Here is how the short interest of companies compare to Universal Stainless & Alloy Products: Haynes International, Inc. (4.99%), Radius Recycling, Inc. (1.68%), Olympic Steel, Inc. (3.74%), Nucor Co. (2.09%), Steel Dynamics, Inc. (2.40%), Reliance, Inc. (2.19%), United States Steel Co. (7.20%), Carpenter Technology Co. (4.58%), ATI Inc. (1.72%), Commercial Metals (2.97%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($6.15 billion), Charter Communications, Inc. ($4.04 billion), Paychex, Inc. ($2.77 billion), Nu Holdings Ltd. ($2.71 billion), Cencora, Inc. ($2.34 billion), Aptiv PLC ($2.18 billion), Tractor Supply ($2.07 billion), International Paper ($2.01 billion), AppLovin Co. ($1.95 billion), and Moderna, Inc. ($1.89 billion). View all of the most shorted stocks.

What does it mean to sell short Universal Stainless & Alloy Products stock?

Short selling USAP is an investing strategy that aims to generate trading profit from Universal Stainless & Alloy Products as its price is falling. USAP shares are trading down $0.10 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 Universal Stainless & Alloy Products?

A short squeeze for Universal Stainless & Alloy Products 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 USAP, which in turn drives the price of the stock up even further.

How often is Universal Stainless & Alloy Products' 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 USAP, twice per month. The most recent reporting period available is September, 15 2024.




This page (NASDAQ:USAP) was last updated on 11/16/2024 by MarketBeat.com Staff
From Our Partners