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Summit Hotel Properties (INN) Short Interest Ratio & Short Volume

Summit Hotel Properties logo
$6.18
+0.07 (+1.15%)
(As of 11/4/2024 ET)

Summit Hotel Properties Short Interest Data

Summit Hotel Properties (INN) has a short interest of 4.70 million shares, representing 4.47% of the float (the number of shares available for trading by the public). This marks a -7.84% decrease in short interest from the previous month. The short interest ratio (days to cover) is 5.6, indicating that it would take 5.6 days of the average trading volume of 751,201 shares to cover all short positions.

Current Short Interest
4,700,000 shares
Previous Short Interest
5,100,000 shares
Change Vs. Previous Month
-7.84%
Dollar Volume Sold Short
$31.21 million
Short Interest Ratio
5.6 Days to Cover
Last Record Date
October 15, 2024
Outstanding Shares
108,336,000 shares
Float Size
105,050,000 shares
Short Percent of Float
4.47%
Today's Trading Volume
686,509 shares
Average Trading Volume
751,201 shares
Today's Volume Vs. Average
91%
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INN Short Interest Over Time

INN Days to Cover Over Time

INN Percentage of Float Shorted Over Time

Summit Hotel Properties Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/15/20244,700,000 shares $31.21 million -7.8%4.5%5.6 $6.64
9/30/20245,100,000 shares $35.04 million +3.5%4.9%5.8 $6.87
9/15/20244,930,000 shares $31.80 million -4.3%4.7%6.1 $6.45
8/31/20245,150,000 shares $34.97 million +32.7%4.9%6.4 $6.79
8/15/20243,880,000 shares $25.45 million -24.7%3.7%4.9 $6.56
7/31/20245,150,000 shares $32.65 million -4.6%4.9%6.6 $6.34
7/15/20245,400,000 shares $32.35 million -1.5%5.2%8.1 $5.99
6/30/20245,480,000 shares $32.83 million -1.3%5.2%8.7 $5.99
6/15/20245,550,000 shares $32.25 million +1.7%5.3%8.7 $5.81
5/31/20245,460,000 shares $33.42 million +19.2%5.2%8.3 $6.12
5/15/20244,580,000 shares $27.73 million -26.7%4.4%6.7 $6.06
4/30/20246,250,000 shares $37.56 million +0.8%6.0%8.4 $6.01
4/15/20246,200,000 shares $39.80 million -1.9%5.9%8.3 $6.42
3/31/20246,320,000 shares $41.14 million -6.2%6.1%8.1 $6.51
3/15/20246,740,000 shares $41.75 million +6.8%6.5%8.7 $6.20
2/29/20246,310,000 shares $40.51 million +30.4%6.0%7.2 $6.42
2/15/20244,840,000 shares $31.80 million -20.0%4.6%5.5 $6.57
1/31/20246,050,000 shares $39.20 million -9.2%5.8%6.8 $6.48
1/15/20246,660,000 shares $43.62 million -5.5%7.9%6.5 $6.55
12/31/20237,050,000 shares $47.38 million -6.6%6.7%6.1 $6.72
12/15/20237,550,000 shares $49.83 million +0.4%7.2%5.6 $6.60
11/30/20237,520,000 shares $47.08 million +46.3%7.2%6 $6.26
11/15/20235,140,000 shares $32.41 million -18.4%4.9%4.2 $6.31
10/31/20236,300,000 shares $35.53 million -6.8%6.0%5.5 $5.64
10/15/20236,760,000 shares $38.94 million +1.4%6.5%6.3 $5.76
9/30/20236,670,000 shares $38.69 million -6.6%6.4%6.9 $5.80
9/15/20237,140,000 shares $41.16 million +27.7%6.9%9 $5.77
8/31/20235,590,000 shares $32.53 million -2.6%5.4%7.2 $5.82
8/15/20235,740,000 shares $32.75 million -4.5%5.5%7.1 $5.71
7/31/20236,010,000 shares $38.67 million +25.0%5.8%7.2 $6.44
7/15/20234,810,000 shares $30.88 million +15.6%4.6%5.8 $6.42
6/30/20234,160,000 shares $27.08 million +6.1%4.0%4.4 $6.51
6/15/20233,920,000 shares $25.40 million +25.2%3.8%4.1 $6.48
5/31/20233,130,000 shares $20.47 million -7.4%3.0%3.3 $6.54
5/15/20233,380,000 shares $23.09 million +5.3%3.2%3.6 $6.83
4/30/20233,210,000 shares $20.67 million -9.1%3.1%3.6 $6.44
4/15/20233,530,000 shares $23.58 million -7.6%3.4%4 $6.68
3/31/20233,820,000 shares $26.74 million -8.0%3.7%5 $7.00
3/15/20234,150,000 shares $28.64 million +3.5%4.0%6.4 $6.90
2/28/20234,010,000 shares $29.67 million -3.4%3.9%6.9 $7.40
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2/15/20234,150,000 shares $34.40 million +7.2%4.0%7.5 $8.29
1/31/20233,870,000 shares $32.97 million +9.6%3.7%6.7 $8.52
1/15/20233,530,000 shares $26.58 million -3.8%3.4%6.4 $7.53
12/30/20223,670,000 shares $26.50 million +0.6%3.5%6.1 $7.22
12/15/20223,650,000 shares $28.18 million -7.6%3.5%5.5 $7.72
11/30/20223,950,000 shares $33.77 million +4.0%3.8%5.5 $8.55
11/15/20223,800,000 shares $31.08 million -3.1%3.7%5.4 $8.18
10/31/20223,920,000 shares $33.87 million +1.0%3.8%5.6 $8.64
10/15/20223,880,000 shares $27.70 million +11.2%3.7%5.5 $7.14
9/30/20223,490,000 shares $23.45 million -15.1%3.4%5.2 $6.72
9/15/20224,110,000 shares $30.95 million -1.9%4.0%5.9 $7.53
8/31/20224,190,000 shares $32.93 million -10.9%4.0%6.4 $7.86
8/15/20224,700,000 shares $42.16 million -1.9%4.5%6.3 $8.97
7/31/20224,790,000 shares $37.60 million +5.0%4.7%5.9 $7.85
7/15/20224,560,000 shares $33.79 million -2.2%4.5%5.1 $7.41
6/30/20224,660,000 shares $33.88 million +5.4%4.6%4.9 $7.27
6/15/20224,420,000 shares $34.48 million -7.0%4.3%4.7 $7.80
5/31/20224,750,000 shares $41.52 million +0.2%4.6%5.3 $8.74
5/15/20224,740,000 shares $41.52 million -16.8%4.6%5.5 $8.76
4/30/20225,700,000 shares $56.26 million +6.9%5.5%7.1 $9.87
4/15/20225,330,000 shares $51.75 million -6.2%5.2%7.5 $9.71
3/31/20225,680,000 shares $56.57 million -2.6%5.5%8.3 $9.96
3/15/20225,830,000 shares $57.43 million +1.8%5.7%9.1 $9.85
2/28/20225,730,000 shares $56.67 million -9.3%5.5%8.6 $9.89
2/15/20226,320,000 shares $64.40 million +14.3%6.1%9.3 $10.19
1/31/20225,530,000 shares $52.09 million +35.9%5.3%7.9 $9.42
1/15/20224,070,000 shares $41.19 million +1.5%3.9%5.7 $10.12
12/31/20214,010,000 shares $39.14 million -1.0%3.9%5.5 $9.76
12/15/20214,050,000 shares $36.61 million +2.3%3.9%5.2 $9.04
11/30/20213,960,000 shares $35.44 million +9.4%3.8%4.4 $8.95
11/15/20213,620,000 shares $36.20 million -0.6%3.5%4.1 $10.00
10/29/20213,640,000 shares $36.40 million -9.7%3.5%4.1 $10.00
10/15/20214,030,000 shares $41.07 million -7.6%3.9%4.6 $10.19
9/30/20214,360,000 shares $41.99 million -9.9%4.2%4.9 $9.63
9/15/20214,840,000 shares $44.43 million -2.4%4.7%5.8 $9.18
8/31/20214,960,000 shares $46.23 million +8.5%4.8%7 $9.32
8/13/20214,570,000 shares $41.63 million +11.2%4.4%7.5 $9.11
7/30/20214,110,000 shares $37.03 million +2.8%4.0%6.8 $9.01
7/15/20214,000,000 shares $36.56 million -4.3%3.9%6.6 $9.14
6/30/20214,180,000 shares $39.00 million -9.7%4.1%6.8 $9.33
6/15/20214,630,000 shares $46.86 million +6.7%4.5%7.4 $10.12
5/28/20214,340,000 shares $41.71 million +1.6%4.2%6.3 $9.61
5/14/20214,270,000 shares $41.12 million -5.5%4.2%5.2 $9.63
4/30/20214,520,000 shares $47.32 million +0.2%4.4%4.5 $10.47
4/15/20214,510,000 shares $45.46 million -0.7%4.4%4.1 $10.08
3/31/20214,540,000 shares $47.17 million -8.1%4.4%3.4 $10.39
3/15/20214,940,000 shares $53.15 million No Change4.8%3.6 $10.76
2/26/20214,940,000 shares $49.75 million -11.5%4.8%3.7 $10.07
2/12/20215,580,000 shares $54.35 million +0.4%5.4%4.3 $9.74
1/29/20215,560,000 shares $47.65 million +1.5%5.4%4.3 $8.57
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1/15/20215,480,000 shares $48.06 million +153.7%5.3%4.8 $8.77
12/31/20202,160,000 shares $19.22 million +1.4%2.1%2 $8.90
12/15/20202,130,000 shares $19.81 million +24.6%2.1%2.4 $9.30
11/30/20201,710,000 shares $15.56 million -2.8%1.7%1.9 $9.10
11/15/20201,760,000 shares $13.31 million +2.9%1.7%2 $7.56
10/30/20201,710,000 shares $9.30 million +17.1%1.7%2.1 $5.44
10/15/20201,460,000 shares $7.40 million -23.2%1.4%1.9 $5.07
9/30/20201,900,000 shares $9.84 million -4.5%1.8%2.3 $5.18
9/15/20201,990,000 shares $11.94 million -3.9%1.9%2.2 $6.00
8/31/20202,070,000 shares $12.19 million +11.9%2.0%1.9 $5.89
8/14/20201,850,000 shares $11.43 million -34.4%1.8%1.5 $6.18
7/31/20202,820,000 shares $14.61 million -22.1%2.7%2 $5.18
7/15/20203,620,000 shares $19.40 million -6.9%3.5%2.5 $5.36
6/30/20203,890,000 shares $23.61 million -48.5%3.8%2.4 $6.07
6/15/20207,560,000 shares $54.96 million -15.0%7.3%4.2 $7.27
5/29/20208,890,000 shares $55.56 million -4.4%8.6%4.9 $6.25
5/15/20209,300,000 shares $43.43 million +1.9%9.0%5.2 $4.67
4/30/20209,130,000 shares $55.33 million +5.7%8.9%5.7 $6.06
4/15/20208,640,000 shares $40.09 million -17.4%8.4%5.8 $4.64
3/31/202010,460,000 shares $50.21 million -15.4%10.2%7.5 $4.80
3/13/202012,367,000 shares $57.26 million -12.5%12.1%14.1 $4.63
2/28/202014,140,000 shares $51.19 million -0.5%13.7%16.1 $3.62
2/14/202014,210,000 shares $104.02 million +0.4%13.8%19.1 $7.32
1/31/202014,150,000 shares $139.52 million -10.2%13.8%19.3 $9.86
1/15/202015,760,000 shares $185.02 million -2.6%15.3%20.5 $11.74
12/31/201916,180,000 shares $188.82 million +4.1%15.7%18.8 $11.67

INN Short Interest - Frequently Asked Questions

What is Summit Hotel Properties' current short interest?

Short interest is the volume of Summit Hotel Properties shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 4,700,000 shares of INN short. 4.47% of Summit Hotel Properties' shares are currently sold short. Learn More on Summit Hotel Properties' current short interest.

What is a good short interest ratio for Summit Hotel Properties?

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. INN shares currently have a short interest ratio of 6.0. Learn More on Summit Hotel Properties's short interest ratio.

What is a good short interest percentage for Summit Hotel Properties?

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. 4.47% of Summit Hotel Properties' floating shares are currently sold short.

Is Summit Hotel Properties' short interest increasing or decreasing?

Summit Hotel Properties saw a drop in short interest in the month of October. As of October 15th, there was short interest totaling 4,700,000 shares, a drop of 7.8% from the previous total of 5,100,000 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 Summit Hotel Properties' float size?

Summit Hotel Properties currently has issued a total of 108,336,000 shares. Some of Summit Hotel Properties' 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. Summit Hotel Properties currently has a public float of 105,050,000 shares.

How does Summit Hotel Properties' short interest compare to its competitors?

4.47% of Summit Hotel Properties' shares are currently sold short. Here is how the short interest of companies compare to Summit Hotel Properties: The GEO Group, Inc. (3.95%), Sunstone Hotel Investors, Inc. (7.50%), DiamondRock Hospitality (9.30%), LTC Properties, Inc. (3.23%), CoreCivic, Inc. (3.24%), Pebblebrook Hotel Trust (14.40%), RLJ Lodging Trust (9.06%), Diversified Healthcare Trust (3.06%), Universal Health Realty Income Trust (0.73%), Service Properties Trust (4.53%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short Summit Hotel Properties stock?

Short selling INN is an investing strategy that aims to generate trading profit from Summit Hotel Properties as its price is falling. INN shares are trading up $0.03 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 Summit Hotel Properties?

A short squeeze for Summit Hotel Properties 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 INN, which in turn drives the price of the stock up even further.

How often is Summit Hotel Properties' 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 INN, twice per month. The most recent reporting period available is October, 15 2024.




This page (NYSE:INN) was last updated on 11/5/2024 by MarketBeat.com Staff
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