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Montrose Environmental Group (MEG) Short Interest Ratio & Short Volume

Montrose Environmental Group logo
$17.98 +1.52 (+9.23%)
(As of 11/20/2024 ET)

Montrose Environmental Group Short Interest Data

Montrose Environmental Group (MEG) has a short interest of 3.41 million shares. This marks a 0.29% increase in short interest from the previous month. The short interest ratio (days to cover) is 6.0, indicating that it would take 6.0 days of the average trading volume of 630,579 shares to cover all short positions.

Current Short Interest
3,410,000 shares
Previous Short Interest
3,400,000 shares
Change Vs. Previous Month
+0.29%
Dollar Volume Sold Short
$89.96 million
Short Interest Ratio
6.0 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
34,300,000 shares
Percentage of Shares Shorted
9.94%
Today's Trading Volume
1,491,036 shares
Average Trading Volume
630,579 shares
Today's Volume Vs. Average
236%
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MEG Short Interest Over Time

MEG Days to Cover Over Time

MEG Percentage of Float Shorted Over Time

Montrose Environmental Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20243,410,000 shares $89.96 million +0.3%N/A6 $26.38
10/15/20243,400,000 shares $91.43 million +4.0%N/A5.9 $26.89
9/30/20243,270,000 shares $85.97 million +37.4%N/A5.8 $26.29
9/15/20242,380,000 shares $69.40 million +2.6%N/A5.1 $29.16
8/31/20242,320,000 shares $76.33 million +2.2%N/A5.6 $32.90
8/15/20242,270,000 shares $73.66 million +22.0%N/A5.8 $32.45
7/31/20241,860,000 shares $59.32 million +10.1%N/A4.7 $31.89
7/15/20241,690,000 shares $64.79 million -11.5%N/A4.9 $38.34
6/30/20241,910,000 shares $85.11 million +17.2%N/A6 $44.56
6/15/20241,630,000 shares $78.16 million +14.8%N/A5.5 $47.95
5/31/20241,420,000 shares $66.75 million +42.0%N/A4.6 $47.01
5/15/20241,000,000 shares $47.46 million +21.7%N/A3.3 $47.46
4/30/2024822,000 shares $35.71 million +5.7%N/A2.9 $43.44
4/15/2024777,600 shares $33.19 million -6.7%N/A3.2 $42.68
3/31/2024833,400 shares $32.64 million +9.9%N/A4 $39.17
3/15/2024758,200 shares $28.51 million -0.1%N/A3.8 $37.60
2/29/2024758,700 shares $31.40 million +2.6%N/A3.9 $41.38
2/15/2024739,500 shares $25.43 million +8.9%N/A4.1 $34.39
1/31/2024678,800 shares $19.88 million +7.3%N/A3.3 $29.29
1/15/2024632,600 shares $17.69 million +1.1%N/A2.9 $27.97
12/31/2023625,800 shares $20.11 million +1.2%N/A3.1 $32.13
12/15/2023618,600 shares $19.95 million +12.9%N/A3 $32.25
11/30/2023547,900 shares $17.13 million +3.8%N/A2.5 $31.27
11/15/2023528,000 shares $15.53 million -7.5%N/A2.5 $29.42
10/31/2023570,700 shares $13.19 million +17.0%N/A2.7 $23.11
10/15/2023487,700 shares $12.18 million -5.5%N/A2.4 $24.97
9/30/2023516,200 shares $15.10 million -20.8%N/A2.6 $29.26
9/15/2023651,400 shares $21.42 million +13.2%N/A3.4 $32.88
8/31/2023575,400 shares $22.12 million -6.1%N/A3.3 $38.44
8/15/2023612,500 shares $24.24 million +3.3%N/A3.2 $39.57
7/31/2023592,800 shares $23.99 million -20.7%N/A3.1 $40.47
7/15/2023747,200 shares $33.28 million +18.0%N/A3.9 $44.54
6/30/2023633,000 shares $26.66 million -10.2%N/A3 $42.12
6/15/2023704,800 shares $30.22 million +5.5%N/A3.3 $42.88
5/31/2023668,000 shares $23.44 million +12.7%N/A3 $35.09
5/15/2023592,600 shares $21.65 million -37.7%N/A2.2 $36.54
4/30/2023951,500 shares $28.98 million -2.5%N/A3.8 $30.46
4/15/2023975,400 shares $31.21 million -15.9%3.9%3.9 $32.00
3/31/20231,160,000 shares $41.38 million +0.9%4.7%4.9 $35.67
3/15/20231,150,000 shares $38.46 million -20.7%N/A5.2 $33.44
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2/28/20231,450,000 shares $70.60 million +2.8%N/A7.2 $48.69
2/15/20231,410,000 shares $75.24 million -9.6%N/A11 $53.36
1/31/20231,560,000 shares $84.49 million +1.3%N/A11.8 $54.16
1/15/20231,540,000 shares $80.76 million -7.2%N/A11.8 $52.44
12/30/20221,660,000 shares $73.69 million +4.4%N/A13.1 $44.39
12/15/20221,590,000 shares $70.76 million +3.3%N/A12.6 $44.50
11/30/20221,540,000 shares $71.09 million +3.4%N/A11.5 $46.16
11/15/20221,490,000 shares $74.02 million -5.1%N/A11.8 $49.68
10/31/20221,570,000 shares $68.73 million -1.9%N/A12.5 $43.78
10/15/20221,600,000 shares $54.18 million +3.2%N/A12.9 $33.86
9/30/20221,550,000 shares $52.16 million +8.4%N/A12.6 $33.65
9/15/20221,430,000 shares $63.33 million +0.7%5.5%10.9 $44.29
8/31/20221,420,000 shares $57.10 million +0.7%5.5%10 $40.21
8/15/20221,410,000 shares $65.57 million -10.2%5.5%9.3 $46.50
7/31/20221,570,000 shares $62.99 million -0.6%6.1%9 $40.12
7/15/20221,580,000 shares $54.23 million +4.6%6.1%8.7 $34.32
6/30/20221,510,000 shares $50.98 million No Change5.9%8.3 $33.76
6/15/20221,510,000 shares $46.22 million -6.8%5.9%7.9 $30.61
5/31/20221,620,000 shares $65.63 million -4.1%6.3%9.3 $40.51
5/15/20221,690,000 shares $66.69 million +3.7%6.6%8.3 $39.46
4/30/20221,630,000 shares $73.95 million +18.1%6.3%8.4 $45.37
4/15/20221,380,000 shares $70.63 million No Change5.3%6.8 $51.18
3/31/20221,380,000 shares $73.04 million -10.4%5.4%6.1 $52.93
3/15/20221,540,000 shares $79.03 million +12.4%6.0%6.8 $51.32
2/28/20221,370,000 shares $60.43 million No Change5.4%5.7 $44.11
2/15/20221,370,000 shares $65.49 million +10.5%5.4%6 $47.80
1/31/20221,240,000 shares $56.75 million +17.0%5.2%5.3 $45.77
1/15/20221,060,000 shares $57.51 million -16.5%4.4%4.6 $54.25
12/31/20211,270,000 shares $89.55 million +11.4%5.3%5.7 $70.51
12/15/20211,140,000 shares $79.36 million -5.0%4.7%4.2 $69.61
11/30/20211,200,000 shares $87.88 million -7.7%4.7%4.4 $73.23
11/15/20211,300,000 shares $99.53 million -7.8%5.2%5 $76.56
10/29/20211,410,000 shares $96.66 million +2.9%5.8%5.7 $68.55
10/15/20211,370,000 shares $85.63 million -5.5%5.7%5.8 $62.50
9/30/20211,450,000 shares $89.52 million +27.2%6.0%6.6 $61.74
9/15/20211,140,000 shares $67.84 million +15.1%5.3%6.6 $59.51
8/31/2021990,100 shares $49.51 million +17.2%4.6%7.1 $50.00
8/13/2021844,500 shares $40.66 million +19.0%3.9%6.3 $48.15
7/30/2021709,900 shares $38.11 million +36.4%3.3%5.2 $53.69
7/15/2021520,600 shares $24.54 million +5.5%2.4%3.7 $47.14
6/30/2021493,700 shares $26.49 million -13.5%2.3%3.1 $53.66
6/15/2021570,700 shares $28.38 million +1.6%2.7%3.2 $49.72
5/28/2021561,700 shares $28.16 million +4.2%2.6%2.6 $50.14
5/14/2021538,900 shares $26.98 million -3.1%2.5%2.3 $50.07
4/30/2021555,900 shares $30.55 million 0.0%2.6%2.3 $54.96
4/15/2021556,000 shares $29.70 million -7.4%2.6%2.3 $53.41
3/31/2021600,600 shares $28.16 million +149.4%3.0%2.3 $46.89
3/15/2021240,800 shares $10.76 million -19.2%1.2%1 $44.70
2/26/2021297,900 shares $13.82 million -19.8%1.5%1.3 $46.39
2/12/2021371,200 shares $14.66 million -16.6%1.8%1.3 $39.49
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1/29/2021445,000 shares $17.17 million -20.3%2.2%1.7 $38.59
1/15/2021558,400 shares $22.51 million No Change2.8%2.2 $40.31

MEG Short Interest - Frequently Asked Questions

What is Montrose Environmental Group's current short interest?

Short interest is the volume of Montrose Environmental Group shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 3,410,000 shares of MEG short. Learn More on Montrose Environmental Group's current short interest.

What is a good short interest ratio for Montrose Environmental Group?

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. MEG shares currently have a short interest ratio of 6.0. Learn More on Montrose Environmental Group's short interest ratio.

Which institutional investors are shorting Montrose Environmental Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Montrose Environmental Group: Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Montrose Environmental Group's short interest increasing or decreasing?

Montrose Environmental Group saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,410,000 shares, an increase of 0.3% from the previous total of 3,400,000 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.

How does Montrose Environmental Group's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "business services" compare to Montrose Environmental Group: Premier, Inc. (7.31%), Criteo S.A. (3.08%), JOYY Inc. (2.76%), Applied Digital Co. (15.85%), NeoGenomics, Inc. (3.30%), Stagwell Inc. (3.84%), LiveRamp Holdings, Inc. (2.72%), Upbound Group, Inc. (4.91%), Donnelley Financial Solutions, Inc. (4.33%), Sterling Check Corp. (3.92%),

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. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Montrose Environmental Group stock?

Short selling MEG is an investing strategy that aims to generate trading profit from Montrose Environmental Group as its price is falling. MEG shares are trading up $1.52 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 Montrose Environmental Group?

A short squeeze for Montrose Environmental Group 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 MEG, which in turn drives the price of the stock up even further.

How often is Montrose Environmental Group'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 MEG, twice per month. The most recent reporting period available is October, 31 2024.




This page (NYSE:MEG) was last updated on 11/21/2024 by MarketBeat.com Staff
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