Freeport-McMoRan (FCX) Short Interest Ratio & Short Volume

Short interest is the volume of Freeport-McMoRan shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 20,830,000 shares of FCX short. 1.47% of Freeport-McMoRan's shares are currently sold short. Learn More on Freeport-McMoRan's current short interest.

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. FCX shares currently have a short interest ratio of 2.0. Learn More on Freeport-McMoRan's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Freeport-McMoRan: CTC LLC, CSS LLC IL, Wolverine Trading LLC, Squarepoint Ops LLC, Sig Brokerage LP, Royal Bank of Canada, Point72 Asset Management L.P., Nomura Holdings Inc., Maven Securities LTD, Millennium Management LLC, LMR Partners LLP, Jefferies Financial Group Inc., K2 Principal Fund L.P., Group One Trading LLC, Eisler Capital Management Ltd., D. E. Shaw & Co. Inc., Cresset Asset Management LLC, Cubist Systematic Strategies LLC, Capstone Investment Advisors LLC, Citadel Advisors LLC, BW Gestao de Investimentos Ltda., Balyasny Asset Management L.P., Bank of America Corp DE, BNP Paribas Financial Markets, Jane Street Group LLC, Tudor Investment Corp ET AL, Capital Markets Trading UK LLP, CMT Capital Markets Trading GmbH, Parallax Volatility Advisers L.P., Two Sigma Securities LLC, Yaupon Capital Management LP, Susquehanna International Group LLP, Hsbc Holdings PLC, HAP Trading LLC, Concourse Financial Group Securities Inc., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Barclays PLC, Capital Fund Management S.A., Capula Management Ltd, Bank of Nova Scotia, Bank of Montreal Can, Polymer Capital Management US LLC, Wells Fargo & Company MN, Pinpoint Asset Management Ltd, National Bank of Canada FI, Hartree Partners LP, Summit Securities Group LLC, JPMorgan Chase & Co., Simplex Trading LLC, Twin Tree Management LP, Raymond James Financial Inc., NINE MASTS CAPITAL Ltd, Garda Capital Partners LP, Banque Pictet & Cie SA, IMC Chicago LLC, Caas Capital Management LP, SG Americas Securities LLC, Portman Square Capital LLP, and JPMorgan Chase & Co.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.47% of Freeport-McMoRan's floating shares are currently sold short.

Freeport-McMoRan saw a drop in short interest during the month of January. As of January 31st, there was short interest totaling 20,830,000 shares, a drop of 19.8% from the previous total of 25,960,000 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.

Freeport-McMoRan currently has issued a total of 1,437,070,000 shares. Some of Freeport-McMoRan'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. Freeport-McMoRan currently has a public float of 1,420,000,000 shares.

1.47% of Freeport-McMoRan's shares are currently sold short. Here is how the short interest of companies compare to Freeport-McMoRan: Southern Copper Co. (6.33%), Materion Co. (1.81%), SunCoke Energy, Inc. (5.08%), Ferroglobe PLC (1.62%), Compass Minerals International, Inc. (4.82%), BHP Group Limited (0.42%), Rio Tinto Group (0.68%), Vale S.A. (3.48%), Cleveland-Cliffs Inc. (8.73%), MP Materials Corp. (15.80%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling FCX is an investing strategy that aims to generate trading profit from Freeport-McMoRan as its price is falling. FCX shares are trading down $1.99 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.

A short squeeze for Freeport-McMoRan 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 FCX, 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 FCX, twice per month. The most recent reporting period available is January, 31 2025.