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Olympic Steel (ZEUS) Short Interest Ratio & Short Volume

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$33.81 -0.82 (-2.37%)
(As of 12/20/2024 05:17 PM ET)

Olympic Steel Short Interest Data

Olympic Steel (ZEUS) has a short interest of 308,000 shares, representing 3.15% of the float (the number of shares available for trading by the public). This marks a -2.56% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.7, indicating that it would take 1.7 days of the average trading volume of 115,835 shares to cover all short positions.

Current Short Interest
308,000 shares
Previous Short Interest
316,100 shares
Change Vs. Previous Month
-2.56%
Dollar Volume Sold Short
$13.02 million
Short Interest Ratio
1.7 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
11,133,000 shares
Float Size
9,790,000 shares
Short Percent of Float
3.15%
Today's Trading Volume
281,808 shares
Average Trading Volume
115,835 shares
Today's Volume Vs. Average
243%
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ZEUS Short Interest Over Time

ZEUS Days to Cover Over Time

ZEUS Percentage of Float Shorted Over Time

Olympic Steel Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/2024308,000 shares $13.02 million -2.6%3.2%1.7 $42.28
11/15/2024316,100 shares $12.53 million -13.6%3.2%1.6 $39.64
10/31/2024365,900 shares $13.13 million -0.6%3.7%2 $35.88
10/15/2024368,000 shares $14.27 million +124.9%3.8%2 $38.77
9/30/2024163,600 shares $6.38 million -72.7%1.7%0.9 $39.00
9/15/2024598,100 shares $23.09 million +29.0%6.1%3.5 $38.60
8/31/2024463,700 shares $18.59 million +71.8%4.7%4.2 $40.10
8/15/2024269,900 shares $10.94 million -25.7%2.8%2.9 $40.55
7/31/2024363,400 shares $18.42 million +0.2%3.7%3.8 $50.68
7/15/2024362,600 shares $16.74 million +15.9%3.7%3.8 $46.18
6/30/2024313,000 shares $14.03 million -14.9%3.2%3.5 $44.83
6/15/2024367,700 shares $16.94 million -7.0%3.8%4.4 $46.07
5/31/2024395,200 shares $20.61 million +23.5%4.0%4.7 $52.14
5/15/2024319,900 shares $17.12 million +3.1%3.3%3.7 $53.51
4/30/2024310,400 shares $19.73 million -1.7%3.2%3.7 $63.57
4/15/2024315,600 shares $21.66 million -4.0%3.2%3.9 $68.62
3/31/2024328,600 shares $23.29 million -25.1%3.4%4 $70.88
3/15/2024438,700 shares $28.79 million +10.5%4.5%5 $65.63
2/29/2024396,900 shares $27.00 million +10.3%4.1%4.2 $68.02
2/15/2024359,700 shares $25.94 million +4.8%3.7%4 $72.12
1/31/2024343,300 shares $23.20 million -1.4%3.5%4 $67.58
1/15/2024348,300 shares $22.10 million +5.5%3.6%4 $63.46
12/31/2023330,200 shares $22.02 million -15.9%3.4%3.8 $66.70
12/15/2023392,400 shares $23.27 million -9.4%4.0%4.7 $59.29
11/30/2023433,200 shares $24.49 million +36.1%4.4%6.1 $56.53
11/15/2023318,400 shares $17.74 million -4.2%3.3%4.5 $55.72
10/31/2023332,300 shares $16.87 million +2.2%3.4%4.7 $50.77
10/15/2023325,300 shares $16.16 million -6.9%3.3%4.4 $49.68
9/30/2023349,500 shares $19.65 million -10.2%3.6%4.7 $56.21
9/15/2023389,000 shares $19.52 million -12.7%4.0%5.1 $50.18
8/31/2023445,700 shares $23.85 million +15.1%4.6%5.4 $53.52
8/15/2023387,300 shares $18.91 million +6.5%4.0%4.5 $48.82
7/31/2023363,600 shares $20.29 million -21.3%3.7%3.9 $55.79
7/15/2023461,900 shares $23.98 million +3.7%4.7%4.8 $51.92
6/30/2023445,600 shares $21.83 million -5.1%4.6%4.4 $49.00
6/15/2023469,500 shares $21.59 million -6.7%4.8%4.4 $45.99
5/31/2023503,300 shares $21.05 million +58.3%5.2%4.3 $41.82
5/15/2023317,900 shares $13.35 million -13.1%3.3%2.4 $41.99
4/30/2023365,600 shares $17.03 million +3.5%3.8%2.6 $46.57
4/15/2023353,300 shares $18.42 million +4.9%3.6%2.6 $52.14
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3/31/2023336,700 shares $17.58 million +0.6%3.5%2.4 $52.21
3/15/2023334,600 shares $15.68 million +3.7%3.4%2.6 $46.86
2/28/2023322,800 shares $16.95 million +12.7%3.4%2.7 $52.50
2/15/2023286,400 shares $13.39 million -0.5%3.0%2.7 $46.77
1/31/2023287,700 shares $12.73 million -16.8%3.0%3.2 $44.24
1/15/2023345,900 shares $14.33 million +0.9%3.6%4.5 $41.44
12/30/2022342,900 shares $11.51 million +21.6%3.6%5.3 $33.58
12/15/2022282,100 shares $8.85 million -7.1%2.9%4.6 $31.37
11/30/2022303,600 shares $10.65 million -4.5%3.2%5.6 $35.09
11/15/2022317,900 shares $9.70 million -8.3%3.3%6.1 $30.51
10/31/2022346,800 shares $9.44 million -5.8%3.6%6.6 $27.21
10/15/2022368,300 shares $8.54 million +1.5%3.8%6.7 $23.20
9/30/2022362,900 shares $8.28 million +27.5%3.8%6.1 $22.81
9/15/2022284,700 shares $7.29 million -6.1%3.0%4.4 $25.59
8/31/2022303,200 shares $7.98 million -18.9%3.2%4.2 $26.32
8/15/2022374,000 shares $10.85 million +1.1%3.9%4.9 $29.02
7/31/2022369,800 shares $10.99 million -13.4%3.8%4.5 $29.73
7/15/2022427,000 shares $11.26 million -2.9%4.4%4.8 $26.36
6/30/2022439,900 shares $11.33 million -9.3%4.6%4.7 $25.75
6/15/2022484,800 shares $15.12 million -5.2%5.0%4.7 $31.19
5/31/2022511,100 shares $17.46 million +30.2%5.3%4.8 $34.17
5/15/2022392,500 shares $12.11 million -4.6%4.1%3.3 $30.85
4/30/2022411,500 shares $14.13 million -6.8%4.3%3.7 $34.33
4/15/2022441,500 shares $17.40 million -1.2%4.6%4.1 $39.41
3/31/2022446,700 shares $17.18 million +8.9%4.7%4.3 $38.46
3/15/2022410,200 shares $12.03 million -10.5%4.3%4.2 $29.32
2/28/2022458,200 shares $12.27 million +8.5%4.9%4.6 $26.77
2/15/2022422,200 shares $10.05 million -2.9%4.5%5 $23.80
1/31/2022434,600 shares $9.25 million -8.7%4.6%5.1 $21.29
1/15/2022476,100 shares $11.70 million -5.2%5.1%5.4 $24.57
12/31/2021502,400 shares $11.81 million +37.2%5.4%5.9 $23.50
12/15/2021366,100 shares $8.02 million -5.2%3.9%4.3 $21.91
11/30/2021386,100 shares $7.86 million +4.3%4.1%5.1 $20.35
11/15/2021370,200 shares $9.11 million -19.2%4.0%5.2 $24.61
10/29/2021458,100 shares $12.35 million +0.4%4.9%6.2 $26.97
10/15/2021456,200 shares $11.59 million +26.3%4.9%6.1 $25.41
9/30/2021361,300 shares $8.80 million -6.4%3.9%4.5 $24.36
9/15/2021386,000 shares $9.82 million +3.3%4.2%4.1 $25.45
8/31/2021373,800 shares $10.19 million +4.2%4.0%3.5 $27.26
8/13/2021358,700 shares $10.80 million -8.2%3.9%2.6 $30.11
7/30/2021390,700 shares $11.77 million -10.8%4.2%2.7 $30.12
7/15/2021437,900 shares $13.12 million +28.3%4.7%2.8 $29.96
6/30/2021341,200 shares $10.03 million -1.5%3.7%2.1 $29.39
6/15/2021346,400 shares $11.45 million +4.8%3.7%2.1 $33.06
5/28/2021330,500 shares $11.82 million -7.9%3.6%2 $35.75
5/14/2021358,900 shares $11.89 million -8.5%3.9%2.4 $33.14
4/30/2021392,200 shares $11.46 million -2.4%4.3%2.9 $29.22
4/15/2021402,000 shares $11.74 million +10.9%4.4%3.6 $29.20
3/31/2021362,600 shares $11.08 million +18.6%4.0%3.5 $30.57
3/15/2021305,800 shares $8.87 million +16.7%3.4%3.7 $29.00
This Indicator called BOTH NVDA rallies (Ad)

Rarely would I label something as “the best” But in this rare instance, I believe this is THE BEST indicator for trading Nvida’s stock. Except, it’s not another tech stock like Nvidia. But rather a stock hiding in broad daylight… So, if you’d like to see what this stock is…

2/26/2021262,100 shares $4.86 million -0.6%2.9%4.9 $18.53
2/12/2021263,800 shares $4.12 million +9.7%2.9%6.1 $15.60
1/29/2021240,400 shares $3.39 million +6.2%2.6%6.2 $14.11
1/15/2021226,400 shares $3.63 million +29.0%2.5%6.3 $16.04
12/31/2020175,500 shares $2.37 million -3.2%1.9%5.1 $13.49
12/15/2020181,300 shares $2.83 million -10.8%2.0%5.2 $15.59
11/30/2020203,200 shares $3.17 million +14.4%2.1%5.7 $15.59
10/30/2020184,900 shares $2.19 million +2.7%1.9%4.9 $11.87
10/15/2020180,000 shares $2.15 million -4.9%1.9%4.4 $11.97
9/30/2020189,300 shares $2.15 million -5.4%2.1%4.3 $11.36
9/15/2020200,200 shares $2.29 million +7.8%2.2%4.1 $11.45
8/31/2020185,700 shares $2.04 million -2.0%2.0%3.7 $11.00
8/14/2020189,400 shares $2.32 million -16.8%2.1%3.3 $12.27
7/31/2020227,700 shares $2.41 million +1.2%2.5%3.7 $10.58
7/15/2020225,000 shares $2.36 million -3.9%2.5%3.3 $10.49
6/30/2020234,000 shares $2.70 million +1.3%2.6%3.1 $11.53
6/15/2020230,900 shares $2.65 million -15.6%2.6%3.2 $11.46
5/29/2020273,500 shares $3.02 million -5.8%3.0%3.6 $11.03
5/15/2020290,400 shares $2.44 million +15.6%3.2%4.1 $8.39
4/30/2020251,300 shares $2.37 million +31.1%2.8%3.7 $9.44
4/15/2020191,700 shares $1.59 million -12.9%2.1%3.1 $8.29
3/31/2020220,200 shares $2.28 million +13.0%2.4%3.9 $10.35
3/13/2020194,900 shares $1.97 million -4.4%2.2%3.6 $10.09
2/28/2020203,900 shares $2.15 million -5.6%2.3%3.8 $10.52
2/14/2020215,900 shares $2.24 million -5.5%2.4%3.6 $10.36
1/31/2020228,400 shares $2.99 million -3.1%2.5%3.5 $13.09
1/15/2020235,700 shares $3.46 million -3.1%2.6%3.4 $14.67
12/31/2019243,300 shares $3.77 million +11.8%2.7%3.1 $15.48

ZEUS Short Interest - Frequently Asked Questions

What is Olympic Steel's current short interest?

Short interest is the volume of Olympic Steel shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 308,000 shares of ZEUS short. 3.15% of Olympic Steel's shares are currently sold short. Learn More on Olympic Steel's current short interest.

What is a good short interest ratio for Olympic Steel?

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. ZEUS shares currently have a short interest ratio of 2.0. Learn More on Olympic Steel's short interest ratio.

What is a good short interest percentage for Olympic Steel?

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. 3.15% of Olympic Steel's floating shares are currently sold short.

Is Olympic Steel's short interest increasing or decreasing?

Olympic Steel saw a drop in short interest in November. As of November 30th, there was short interest totaling 308,000 shares, a drop of 2.6% from the previous total of 316,100 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 Olympic Steel's float size?

Olympic Steel currently has issued a total of 11,133,000 shares. Some of Olympic Steel'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. Olympic Steel currently has a public float of 9,790,000 shares.

How does Olympic Steel's short interest compare to its competitors?

3.15% of Olympic Steel's shares are currently sold short. Here is how the short interest of companies compare to Olympic Steel: Haynes International, Inc. (4.99%), Radius Recycling, Inc. (1.71%), Nucor Co. (2.15%), Steel Dynamics, Inc. (2.07%), Reliance, Inc. (2.31%), Carpenter Technology Co. (5.67%), ATI Inc. (1.80%), United States Steel Co. (8.13%), Commercial Metals (2.82%), Cleveland-Cliffs Inc. (9.14%),

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. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Olympic Steel stock?

Short selling ZEUS is an investing strategy that aims to generate trading profit from Olympic Steel as its price is falling. ZEUS shares are trading down $0.82 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 Olympic Steel?

A short squeeze for Olympic Steel occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ZEUS, which in turn drives the price of the stock up even further.

How often is Olympic Steel'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 ZEUS, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:ZEUS) was last updated on 12/21/2024 by MarketBeat.com Staff
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