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Summit Materials (SUM) Short Interest Ratio & Short Volume

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$50.50 +0.15 (+0.30%)
(As of 12/20/2024 05:30 PM ET)

Summit Materials Short Interest Data

Summit Materials (SUM) has a short interest of 3.45 million shares. This marks a 8.15% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.4, indicating that it would take 1.4 days of the average trading volume of 1.46 million shares to cover all short positions.

Current Short Interest
3,450,000 shares
Previous Short Interest
3,190,000 shares
Change Vs. Previous Month
+8.15%
Dollar Volume Sold Short
$175.74 million
Short Interest Ratio
1.4 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
175,605,000 shares
Percentage of Shares Shorted
1.96%
Today's Trading Volume
4,137,398 shares
Average Trading Volume
1,461,711 shares
Today's Volume Vs. Average
283%
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SUM Short Interest Over Time

SUM Days to Cover Over Time

SUM Percentage of Float Shorted Over Time

Summit Materials Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/20243,450,000 shares $175.74 million +8.2%N/A1.4 $50.94
11/15/20243,190,000 shares $154.49 million -14.3%N/A1.5 $48.43
10/31/20243,720,000 shares $176.37 million -5.3%N/A3 $47.41
10/15/20243,930,000 shares $155.39 million -8.2%N/A3.6 $39.54
9/30/20244,280,000 shares $167.05 million +3.4%N/A4.4 $39.03
9/15/20244,140,000 shares $156.12 million -13.8%N/A4.2 $37.71
8/31/20244,800,000 shares $194.40 million +3.7%N/A4.9 $40.50
8/15/20244,630,000 shares $183.58 million -0.4%N/A4.8 $39.65
7/31/20244,650,000 shares $194.32 million +3.1%N/A4.8 $41.79
7/15/20244,510,000 shares $176.52 million +5.6%N/A4.6 $39.14
6/30/20244,270,000 shares $156.32 million +12.4%N/A4.6 $36.61
6/15/20243,800,000 shares $140.33 million -7.8%N/A4.3 $36.93
5/31/20244,120,000 shares $159.20 million +3.5%N/A4.4 $38.64
5/15/20243,980,000 shares $167.64 million -7.0%N/A4 $42.12
4/30/20244,280,000 shares $166.45 million -6.8%N/A4 $38.89
4/15/20244,590,000 shares $184.47 million +10.3%N/A4.5 $40.19
3/31/20244,160,000 shares $185.41 million -2.6%N/A4.1 $44.57
3/15/20244,270,000 shares $174.34 million -7.2%N/A4.4 $40.83
2/29/20244,600,000 shares $196.51 million +18.3%N/A5 $42.72
2/15/20243,890,000 shares $153.85 million +3.7%N/A4.7 $39.55
1/31/20243,750,000 shares $135.68 million +0.3%N/A5.2 $36.18
1/15/20243,740,000 shares $132.10 million -7.0%N/A4.7 $35.32
12/31/20234,020,000 shares $154.61 million -9.9%N/A4.5 $38.46
12/15/20234,460,000 shares $171.04 million +2.8%N/A4.3 $38.35
11/30/20234,340,000 shares $150.60 million +0.9%N/A3.7 $34.70
11/15/20234,300,000 shares $146.03 million +0.7%N/A3.6 $33.96
10/31/20234,270,000 shares $140.48 million -10.3%N/A3.6 $32.90
10/15/20234,760,000 shares $156.08 million -11.5%N/A4.1 $32.79
9/30/20235,380,000 shares $167.53 million +11.9%N/A5.3 $31.14
9/15/20234,810,000 shares $153.92 million -11.6%N/A5.4 $32.00
8/31/20235,440,000 shares $203.56 million -0.4%N/A6.4 $37.42
8/15/20235,460,000 shares $208.30 million +5.8%N/A7.5 $38.15
7/31/20235,160,000 shares $186.74 million -11.2%N/A6.8 $36.19
7/15/20235,810,000 shares $214.97 million -2.8%5.0%7.7 $37.00
6/30/20235,980,000 shares $226.34 million +11.6%5.1%8 $37.85
6/15/20235,360,000 shares $184.76 million -1.1%N/A7.5 $34.47
5/31/20235,420,000 shares $171.38 million -1.5%4.6%7.8 $31.62
5/15/20235,500,000 shares $176.55 million -8.3%N/A7.8 $32.10
4/30/20236,000,000 shares $164.46 million +0.8%N/A8.5 $27.41
4/15/20235,950,000 shares $158.87 million -2.3%N/A9.1 $26.70
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

3/31/20236,090,000 shares $173.50 million +4.3%N/A9 $28.49
3/15/20235,840,000 shares $156.69 million +0.2%N/A8.7 $26.83
2/28/20235,830,000 shares $172.22 million -8.2%N/A8.7 $29.54
2/15/20236,350,000 shares $212.66 million -3.2%N/A9.8 $33.49
1/31/20236,560,000 shares $215.56 million -1.8%N/A10.4 $32.86
1/15/20236,680,000 shares $213.89 million -8.4%N/A9.6 $32.02
12/30/20227,290,000 shares $206.96 million +0.4%N/A9.6 $28.39
12/15/20227,260,000 shares $220.27 million +9.8%N/A9.3 $30.34
11/30/20226,610,000 shares $200.22 million +4.4%5.7%8.4 $30.29
11/15/20226,330,000 shares $187.81 million -0.3%5.5%8.1 $29.67
10/31/20226,350,000 shares $167.32 million -4.9%N/A8.4 $26.35
10/15/20226,680,000 shares $163.26 million +10.4%N/A9.3 $24.44
9/30/20226,050,000 shares $144.96 million +15.9%N/A9.1 $23.96
9/15/20225,220,000 shares $146.16 million +1.8%N/A7.8 $28.00
8/31/20225,130,000 shares $145.79 million -1.5%N/A7.7 $28.42
8/15/20225,210,000 shares $165.63 million +5.3%N/A7.8 $31.79
7/31/20224,950,000 shares $136.17 million -9.3%N/A6.5 $27.51
7/15/20225,460,000 shares $128.47 million -1.8%N/A6.9 $23.53
6/30/20225,560,000 shares $129.49 million +6.7%N/A6.9 $23.29
6/15/20225,210,000 shares $133.12 million +3.4%N/A6.3 $25.55
5/31/20225,040,000 shares $137.64 million +6.1%N/A6.2 $27.31
5/15/20224,750,000 shares $123.64 million -8.3%N/A4.8 $26.03
4/30/20225,180,000 shares $144.00 million -1.0%N/A5.6 $27.80
4/15/20225,230,000 shares $151.67 million +6.7%N/A5.8 $29.00
3/31/20224,900,000 shares $152.19 million +4.3%N/A5.5 $31.06
3/15/20224,700,000 shares $146.73 million +2.0%N/A5.8 $31.22
2/28/20224,610,000 shares $143.92 million -12.0%N/A6.3 $31.22
2/15/20225,240,000 shares $185.97 million +1.8%N/A8.6 $35.49
1/31/20225,150,000 shares $183.13 million +5.5%N/A8.6 $35.56
1/15/20224,880,000 shares $185.64 million -3.4%N/A8.2 $38.04
12/31/20215,050,000 shares $202.71 million -7.7%N/A8.4 $40.14
12/15/20215,470,000 shares $213.28 million +0.9%N/A7.8 $38.99
11/30/20215,420,000 shares $202.17 million +1.3%N/A7.3 $37.30
11/15/20215,350,000 shares $219.94 million -1.7%N/A7.3 $41.11
10/29/20215,440,000 shares $193.94 million -0.7%N/A7.6 $35.65
10/15/20215,480,000 shares $183.20 million -2.5%N/A7.8 $33.43
9/30/20215,620,000 shares $179.67 million -6.2%N/A7.7 $31.97
9/15/20215,990,000 shares $190.06 million -2.3%N/A8.8 $31.73
8/31/20216,130,000 shares $206.40 million +1.2%N/A9.1 $33.67
8/13/20216,060,000 shares $209.55 million -5.5%N/A8.1 $34.58
7/30/20216,410,000 shares $215.38 million +2.7%N/A7.1 $33.60
7/15/20216,240,000 shares $212.22 million -0.3%5.3%6.5 $34.01
6/30/20216,260,000 shares $218.16 million -2.6%5.4%6.5 $34.85
6/15/20216,430,000 shares $222.35 million -5.0%5.5%5.7 $34.58
5/28/20216,770,000 shares $235.73 million -6.9%5.8%5.6 $34.82
5/14/20217,270,000 shares $237.95 million +10.3%N/A5.5 $32.73
4/30/20216,590,000 shares $192.89 million -5.3%N/A4.8 $29.27
4/15/20216,960,000 shares $206.16 million -8.2%N/A5.3 $29.62
3/31/20217,580,000 shares $223.61 million -14.0%N/A5.5 $29.50
3/15/20218,810,000 shares $267.38 million +7.4%N/A6.4 $30.35
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

2/26/20218,200,000 shares $220.74 million +4.6%N/A6.4 $26.92
2/12/20217,840,000 shares $189.34 million +1.0%N/A6.4 $24.15
1/29/20217,760,000 shares $165.99 million -1.8%N/A6.7 $21.39
1/15/20217,900,000 shares $187.63 million -1.6%N/A6.1 $23.75
12/31/20208,030,000 shares $157.95 million +3.6%N/A6.2 $19.67
12/15/20207,750,000 shares $147.48 million -6.9%N/A6.2 $19.03
11/30/20208,320,000 shares $162.24 million -5.9%N/A6.1 $19.50
11/15/20208,840,000 shares $155.05 million +3.0%N/A6.5 $17.54
10/30/20208,580,000 shares $145.52 million -0.7%N/A6.2 $16.96
10/15/20208,640,000 shares $162.86 million -3.1%N/A7 $18.85
9/30/20208,920,000 shares $147.54 million -1.2%N/A6.9 $16.54
9/15/20209,030,000 shares $154.95 million +2.3%N/A7.4 $17.16
8/31/20208,830,000 shares $131.48 million -7.2%N/A7.6 $14.89
8/14/20209,510,000 shares $157.68 million -2.4%N/A8.4 $16.58
7/31/20209,740,000 shares $143.37 million -4.6%N/A8.5 $14.72
7/15/202010,210,000 shares $177.45 million -1.6%N/A8.3 $17.38
6/30/202010,380,000 shares $166.91 million +2.8%N/A8.9 $16.08
6/15/202010,100,000 shares $157.16 million -2.8%N/A7.5 $15.56
5/29/202010,390,000 shares $157.82 million -0.1%N/A7 $15.19
5/15/202010,400,000 shares $123.55 million +3.5%N/A6.8 $11.88
4/30/202010,050,000 shares $151.86 million -0.9%N/A7.1 $15.11
4/15/202010,140,000 shares $137.09 million +5.9%N/A7.9 $13.52
3/31/20209,580,000 shares $118.89 million -8.2%N/A7.7 $12.41
3/13/202010,440,600 shares $166.74 million +6.9%N/A9.8 $15.97
2/28/20209,770,000 shares $82.85 million -0.6%N/A9.2 $8.48
2/14/20209,830,000 shares $141.36 million -5.8%N/A9.5 $14.38
1/31/202010,440,000 shares $214.23 million -7.4%N/A9.3 $20.52
1/15/202011,270,000 shares $270.93 million +1.6%10.1%9.8 $24.04
12/31/201911,090,000 shares $252.41 million -3.1%9.9%8.6 $22.76

SUM Short Interest - Frequently Asked Questions

What is Summit Materials' current short interest?

Short interest is the volume of Summit Materials shares that have been sold short but have not yet been closed out or covered. As of November 30th, traders have sold 3,450,000 shares of SUM short. Learn More on Summit Materials' current short interest.

What is a good short interest ratio for Summit Materials?

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. SUM shares currently have a short interest ratio of 1.0. Learn More on Summit Materials's short interest ratio.

Is Summit Materials' short interest increasing or decreasing?

Summit Materials saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 3,450,000 shares, an increase of 8.2% from the previous total of 3,190,000 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 Summit Materials' short interest compare to its competitors?

Here is how the short interest of companies compare to Summit Materials: Cameco Co. (4.26%), Teck Resources Limited (1.27%), Sociedad Química y Minera de Chile S.A. (2.59%), Knife River Co. (2.38%), NexGen Energy Ltd. (9.32%), Hudbay Minerals Inc. (1.23%), MP Materials Corp. (16.82%), Atlas Energy Solutions Inc. (19.43%), Ero Copper Corp. (2.54%), Sigma Lithium Co. (18.26%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Summit Materials stock?

Short selling SUM is an investing strategy that aims to generate trading profit from Summit Materials as its price is falling. SUM shares are trading up $0.15 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 Materials?

A short squeeze for Summit Materials 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 SUM, which in turn drives the price of the stock up even further.

How often is Summit Materials' 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 SUM, twice per month. The most recent reporting period available is November, 30 2024.




This page (NYSE:SUM) was last updated on 12/21/2024 by MarketBeat.com Staff
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