Free Trial

Summit Materials (SUM) Short Interest Ratio & Short Volume

Summit Materials logo
$48.41 +0.02 (+0.04%)
(As of 11/20/2024 ET)

Summit Materials Short Interest Data

Summit Materials (SUM) has a short interest of 3.72 million shares. This marks a -5.34% decrease in short interest from the previous month. The short interest ratio (days to cover) is 3.0, indicating that it would take 3.0 days of the average trading volume of 1.91 million shares to cover all short positions.

Current Short Interest
3,720,000 shares
Previous Short Interest
3,930,000 shares
Change Vs. Previous Month
-5.34%
Dollar Volume Sold Short
$176.37 million
Short Interest Ratio
3.0 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
175,600,000 shares
Percentage of Shares Shorted
2.12%
Today's Trading Volume
753,949 shares
Average Trading Volume
1,908,768 shares
Today's Volume Vs. Average
39%
Short Selling Summit Materials?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Summit Materials and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

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
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
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
Trump won. Buy this coin now. (Ad)

Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150,000 — or more. But there’s one coin he thinks could go even higher.

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
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
Trump won. Buy this coin now. (Ad)

Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150,000 — or more. But there’s one coin he thinks could go even higher.

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 October 31st, traders have sold 3,720,000 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 3.0. Learn More on Summit Materials's short interest ratio.

Is Summit Materials' short interest increasing or decreasing?

Summit Materials saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 3,720,000 shares, a decline of 5.3% from the previous total of 3,930,000 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. (4.12%), Teck Resources Limited (1.29%), Sociedad Química y Minera de Chile S.A. (2.45%), Knife River Co. (2.10%), NexGen Energy Ltd. (10.07%), Hudbay Minerals Inc. (1.17%), MP Materials Corp. (18.20%), Atlas Energy Solutions Inc. (14.76%), Ero Copper Corp. (3.52%), Sigma Lithium Co. (19.30%),

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 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 $0.02 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 October, 31 2024.




This page (NYSE:SUM) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners