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Southern Copper (SCCO) Short Interest Ratio & Short Volume

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$102.98 -0.81 (-0.78%)
(As of 11/20/2024 ET)

Southern Copper Short Interest Data

Southern Copper (SCCO) has a short interest of 7.02 million shares, representing 8.07% of the float (the number of shares available for trading by the public). This marks a 10.73% increase in short interest from the previous month. The short interest ratio (days to cover) is 6.8, indicating that it would take 6.8 days of the average trading volume of 1.14 million shares to cover all short positions.

Current Short Interest
7,020,000 shares
Previous Short Interest
6,340,000 shares
Change Vs. Previous Month
+10.73%
Dollar Volume Sold Short
$769.67 million
Short Interest Ratio
6.8 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
785,540,000 shares
Float Size
87,010,000 shares
Short Percent of Float
8.07%
Today's Trading Volume
775,907 shares
Average Trading Volume
1,139,100 shares
Today's Volume Vs. Average
68%
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SCCO Short Interest Over Time

SCCO Days to Cover Over Time

SCCO Percentage of Float Shorted Over Time

Southern Copper Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20247,020,000 shares $769.67 million +10.7%8.1%6.8 $109.64
10/15/20246,340,000 shares $706.78 million +0.2%7.3%5.8 $111.48
9/30/20246,330,000 shares $731.81 million -6.6%7.3%5.6 $115.61
9/15/20246,780,000 shares $669.12 million +6.8%7.8%6.3 $98.69
8/31/20246,350,000 shares $645.92 million +1.9%7.3%5.8 $101.72
8/15/20246,230,000 shares $658.82 million -4.7%7.2%5.4 $105.75
7/31/20246,540,000 shares $697.36 million -1.7%7.6%5.4 $106.63
7/15/20246,650,000 shares $748.59 million -0.3%7.7%5.2 $112.57
6/30/20246,670,000 shares $718.63 million +1.5%7.8%5.1 $107.74
6/15/20246,570,000 shares $698.39 million +7.7%7.6%4.9 $106.30
5/31/20246,100,000 shares $723.64 million +4.3%7.1%4.2 $118.63
5/15/20245,850,000 shares $718.91 million -4.4%6.8%4.3 $122.89
4/30/20246,120,000 shares $714.02 million +4.3%7.1%4.8 $116.67
4/15/20245,870,000 shares $669.65 million +3.4%6.9%5 $114.08
3/31/20245,680,000 shares $605.03 million -2.1%6.7%5.2 $106.52
3/15/20245,800,000 shares $597.46 million +29.8%6.8%5.5 $103.01
2/29/20244,470,000 shares $361.31 million -12.9%5.3%4.7 $80.83
2/15/20245,130,000 shares $425.64 million -10.0%6.0%5.2 $82.97
1/31/20245,700,000 shares $467.91 million -1.0%6.7%5.6 $82.09
1/15/20245,760,000 shares $478.89 million -0.4%6.8%5.8 $83.14
12/31/20235,780,000 shares $497.48 million -0.2%6.8%5.9 $86.07
12/15/20235,790,000 shares $475.88 million -3.5%6.8%5.8 $82.19
11/30/20236,000,000 shares $431.64 million +10.1%7.0%6.2 $71.94
11/15/20235,450,000 shares $410.49 million -2.0%6.4%5.9 $75.32
10/31/20235,560,000 shares $394.20 million +14.9%6.5%5.9 $70.90
10/15/20234,840,000 shares $349.16 million -4.0%5.7%4.9 $72.14
9/30/20235,040,000 shares $379.46 million -13.7%5.9%4.9 $75.29
9/15/20235,840,000 shares $465.86 million -4.1%6.8%5.6 $79.77
8/31/20236,090,000 shares $491.22 million +13.0%7.1%5.9 $80.66
8/15/20235,390,000 shares $432.01 million +4.3%6.3%4.9 $80.15
7/31/20235,170,000 shares $451.96 million -5.1%6.1%4.5 $87.42
7/15/20235,450,000 shares $418.45 million +4.6%6.4%4.8 $76.78
6/30/20235,210,000 shares $373.77 million -19.9%6.1%4.5 $71.74
6/15/20236,500,000 shares $482.04 million -3.6%7.6%5.7 $74.16
5/31/20236,740,000 shares $449.96 million +19.7%7.9%5.6 $66.76
5/15/20235,630,000 shares $407.05 million +17.5%6.6%4.5 $72.30
4/30/20234,790,000 shares $368.02 million -16.1%5.6%4.1 $76.83
4/15/20235,710,000 shares $459.88 million -0.2%6.7%4.6 $80.54
3/31/20235,720,000 shares $436.15 million -2.4%6.7%4.3 $76.25
3/15/20235,860,000 shares $398.83 million -7.7%6.9%4.3 $68.06
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2/28/20236,350,000 shares $467.93 million -0.6%7.5%4.9 $73.69
2/15/20236,390,000 shares $482.45 million +5.5%7.5%5.1 $75.50
1/31/20236,060,000 shares $455.77 million -2.4%7.1%4.4 $75.21
1/15/20236,210,000 shares $478.54 million +8.0%7.3%4.1 $77.06
12/30/20225,750,000 shares $347.24 million -4.8%6.8%4 $60.39
12/15/20226,040,000 shares $361.74 million -7.8%7.1%4.2 $59.89
11/30/20226,550,000 shares $399.68 million -9.7%7.7%4.3 $61.02
11/15/20227,250,000 shares $439.64 million +10.9%8.5%4.6 $60.64
10/31/20226,540,000 shares $307.18 million +1.1%7.7%4.2 $46.97
10/15/20226,470,000 shares $304.28 million +0.5%7.6%4.3 $47.03
9/30/20226,440,000 shares $288.77 million +2.1%7.6%4.4 $44.84
9/15/20226,310,000 shares $295.06 million -4.0%7.4%4.2 $46.76
8/31/20226,570,000 shares $309.25 million +15.5%7.7%4.3 $47.07
8/15/20225,690,000 shares $276.42 million -12.2%6.7%4 $48.58
7/31/20226,480,000 shares $322.70 million +10.0%7.6%4.2 $49.80
7/15/20225,890,000 shares $276.59 million +25.9%6.9%3.9 $46.96
6/30/20224,680,000 shares $233.11 million -5.7%5.7%3.3 $49.81
6/15/20224,960,000 shares $285.94 million +7.1%6.0%3.7 $57.65
5/31/20224,630,000 shares $286.04 million +14.3%5.4%3.6 $61.78
5/15/20224,050,000 shares $222.99 million +11.9%4.8%3.1 $55.06
4/30/20223,620,000 shares $225.42 million +8.4%0.5%3.1 $62.27
4/15/20223,340,000 shares $243.12 million -1.8%3.9%2.9 $72.79
3/31/20223,400,000 shares $258.06 million -15.8%4.0%2.9 $75.90
3/15/20224,040,000 shares $276.42 million +14.5%4.7%3.6 $68.42
2/28/20223,530,000 shares $244.95 million -14.3%4.2%3.2 $69.39
2/15/20224,120,000 shares $277.40 million +20.5%4.9%3.9 $67.33
1/31/20223,420,000 shares $218.50 million -12.3%4.0%3.2 $63.89
1/15/20223,900,000 shares $264.42 million +2.6%4.6%3.9 $67.80
12/31/20213,800,000 shares $234.50 million +4.4%4.5%3.8 $61.71
12/15/20213,640,000 shares $207.84 million +5.8%4.3%3.4 $57.10
11/30/20213,440,000 shares $201.24 million -7.8%4.1%3.4 $58.50
11/15/20213,730,000 shares $226.75 million -16.6%4.4%3.8 $60.79
10/29/20214,470,000 shares $268.16 million +4.0%5.3%4.5 $59.99
10/15/20214,300,000 shares $284.70 million +3.6%5.1%4.3 $66.21
9/30/20214,150,000 shares $232.98 million +6.4%4.9%4.3 $56.14
9/15/20213,900,000 shares $243.13 million -3.0%4.6%3.9 $62.34
8/31/20214,020,000 shares $251.61 million -18.6%4.7%3.4 $62.59
8/13/20214,940,000 shares $332.02 million +14.4%5.8%3.7 $67.21
7/30/20214,320,000 shares $283.56 million -18.0%5.1%2.9 $65.64
7/15/20215,270,000 shares $337.07 million -2.4%6.2%3.5 $63.96
6/30/20215,400,000 shares $347.33 million -6.6%6.4%3.6 $64.32
6/15/20215,780,000 shares $364.95 million -7.4%6.8%3.8 $63.14
5/28/20216,240,000 shares $435.18 million +12.4%7.4%4.6 $69.74
5/14/20215,550,000 shares $428.18 million +27.6%6.5%4.2 $77.15
4/30/20214,350,000 shares $313.24 million -0.7%5.1%3.3 $72.01
4/15/20214,380,000 shares $321.62 million -3.5%5.2%3.7 $73.43
3/31/20214,540,000 shares $309.13 million -7.0%5.4%4 $68.09
3/15/20214,880,000 shares $380.59 million -5.6%5.8%4.6 $77.99
2/26/20215,170,000 shares $388.16 million -2.8%6.1%5.1 $75.08
2/12/20215,320,000 shares $375.86 million +1.0%6.3%5.6 $70.65
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1/29/20215,270,000 shares $364.42 million +1.7%6.3%5.9 $69.15
1/15/20215,180,000 shares $367.78 million +0.2%6.2%5.8 $71.00
12/31/20205,170,000 shares $340.29 million +7.0%6.2%5.8 $65.82
12/15/20204,830,000 shares $286.08 million -5.9%5.8%5.5 $59.23
11/30/20205,130,000 shares $312.16 million -14.1%6.1%5.8 $60.85
11/15/20205,970,000 shares $324.71 million No Change7.2%7.1 $54.39
10/30/20205,970,000 shares $313.48 million +2.1%7.2%7.5 $52.51
10/15/20205,850,000 shares $278.23 million +1.0%7.1%7.6 $47.56
9/30/20205,790,000 shares $262.11 million +2.8%7.0%7.4 $45.27
9/15/20205,630,000 shares $266.24 million -13.7%6.9%7.1 $47.29
8/31/20206,520,000 shares $313.61 million +11.6%7.9%8.2 $48.10
8/14/20205,840,000 shares $263.91 million No Change7.1%7.1 $45.19
7/31/20205,840,000 shares $255.27 million -5.4%7.1%7 $43.71
7/15/20206,170,000 shares $269.69 million -1.9%7.5%7.4 $43.71
6/30/20206,290,000 shares $250.15 million +5.2%7.7%7.6 $39.77
6/15/20205,980,000 shares $221.38 million -8.4%7.3%7.2 $37.02
5/29/20206,530,000 shares $237.04 million -0.6%7.9%6.9 $36.30
5/15/20206,570,000 shares $216.42 million +18.6%8.0%6.6 $32.94
4/30/20205,540,000 shares $179.72 million +1.3%6.7%5.7 $32.44
4/15/20205,470,000 shares $169.57 million -5.9%6.7%5.5 $31.00
3/31/20205,810,000 shares $178.66 million +0.7%7.1%5.9 $30.75
3/13/20205,771,600 shares $179.61 million +4.2%7.0%7.1 $31.12
2/28/20205,540,000 shares $130.36 million -0.4%6.7%6.9 $23.53
2/14/20205,560,000 shares $195.93 million +4.1%6.8%7.6 $35.24
1/31/20205,340,000 shares $187.06 million +23.3%6.5%7.6 $35.03
1/15/20204,330,000 shares $168.61 million -4.4%5.3%5.9 $38.94
12/31/20194,530,000 shares $180.52 million -9.8%5.5%6.6 $39.85

SCCO Short Interest - Frequently Asked Questions

What is Southern Copper's current short interest?

Short interest is the volume of Southern Copper shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 7,020,000 shares of SCCO short. 8.07% of Southern Copper's shares are currently sold short. Learn More on Southern Copper's current short interest.

What is a good short interest ratio for Southern Copper?

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. SCCO shares currently have a short interest ratio of 7.0. Learn More on Southern Copper's short interest ratio.

Which institutional investors are shorting Southern Copper?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Southern Copper: Jane Street Group LLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., Ionic Capital Management LLC, Paloma Partners Management Co, HBK Investments L P, Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, Wealth Enhancement Advisory Services LLC, and Maven Securities LTD. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Southern Copper?

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. 8.07% of Southern Copper's floating shares are currently sold short.

Is Southern Copper's short interest increasing or decreasing?

Southern Copper saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 7,020,000 shares, an increase of 10.7% from the previous total of 6,340,000 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 Southern Copper's float size?

Southern Copper currently has issued a total of 785,540,000 shares. Some of Southern Copper'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. Southern Copper currently has a public float of 87,010,000 shares.

How does Southern Copper's short interest compare to its competitors?

8.07% of Southern Copper's shares are currently sold short. Here is how the short interest of companies compare to Southern Copper: Freeport-McMoRan Inc. (1.70%), Materion Co. (1.63%), SunCoke Energy, Inc. (4.16%), Ferroglobe PLC (1.58%), Compass Minerals International, Inc. (7.53%), BHP Group Limited (0.41%), Rio Tinto Group (0.74%), Vale S.A. (1.79%), Cleveland-Cliffs Inc. (8.58%), Hudbay Minerals Inc. (1.17%),

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 Southern Copper stock?

Short selling SCCO is an investing strategy that aims to generate trading profit from Southern Copper as its price is falling. SCCO shares are trading down $1.04 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 Southern Copper?

A short squeeze for Southern Copper 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 SCCO, which in turn drives the price of the stock up even further.

How often is Southern Copper'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 SCCO, twice per month. The most recent reporting period available is October, 31 2024.




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