McEwen Mining (MUX) Short Interest Ratio & Short Volume

Short interest is the volume of McEwen Mining shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 944,000 shares of MUX short. 2.13% of McEwen Mining's shares are currently sold short. Learn More on McEwen Mining'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. MUX shares currently have a short interest ratio of 1.0. Learn More on McEwen Mining's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of McEwen Mining: Wolverine Trading LLC, Group One Trading LLC, Citadel Advisors LLC, Jane Street Group LLC, Concourse Financial Group Securities Inc., and IMC Chicago LLC. 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. 2.13% of McEwen Mining's floating shares are currently sold short.

McEwen Mining saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 944,000 shares, a decrease of 3.8% from the previous total of 981,000 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.

McEwen Mining currently has issued a total of 52,920,000 shares. Some of McEwen Mining'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. McEwen Mining currently has a public float of 44,370,000 shares.

2.13% of McEwen Mining's shares are currently sold short. Here is how the short interest of companies compare to McEwen Mining: Hecla Mining (2.58%), Coeur Mining, Inc. (10.35%), Centerra Gold Inc. (1.64%), Skeena Resources Limited (4.94%), Endeavour Silver Corp. (4.75%), Seabridge Gold Inc. (3.63%), Gatos Silver, Inc. (2.52%), DRDGOLD Limited (1.91%), Perpetua Resources Corp. (3.64%), i-80 Gold Corp. (8.77%),

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 MUX is an investing strategy that aims to generate trading profit from McEwen Mining as its price is falling. MUX shares are trading down $0.48 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 McEwen Mining 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 MUX, 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 MUX, twice per month. The most recent reporting period available is January, 31 2025.