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Thermon Group (THR) Short Interest Ratio & Short Volume

$33.74
-1.10 (-3.16%)
(As of 05/31/2024 ET)

Thermon Group Short Interest Data

Current Short Interest
418,400 shares
Previous Short Interest
380,000 shares
Change Vs. Previous Month
+10.11%
Dollar Volume Sold Short
$14.34 million
Short Interest Ratio
2.2 Days to Cover
Last Record Date
May 15, 2024
Outstanding Shares
33,720,000 shares
Float Size
32,880,000 shares
Short Percent of Float
1.27%
Today's Trading Volume
189,684 shares
Average Trading Volume
243,701 shares
Today's Volume Vs. Average
78%
Skip Charts & View Short Interest History

THR Short Interest Over Time

THR Days to Cover Over Time

THR Percentage of Float Shorted Over Time

Thermon Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/2024418,400 shares $14.34 million +10.1%1.3%2.2 $34.27
4/30/2024380,000 shares $12.14 million -19.2%1.2%1.7 $31.95
4/15/2024470,500 shares $14.31 million -3.6%1.4%1.7 $30.42
3/31/2024488,200 shares $15.97 million -11.6%1.5%1.7 $32.72
3/15/2024552,000 shares $16.80 million -23.3%1.7%2 $30.43
2/29/2024719,700 shares $19.66 million -0.3%2.2%2.7 $27.32
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2/15/2024722,100 shares $20.38 million +111.0%2.2%2.9 $28.22
1/31/2024342,300 shares $11.22 million +25.7%1.0%1.4 $32.78
1/15/2024272,300 shares $8.46 million -5.0%0.8%1.6 $31.08
12/31/2023286,600 shares $9.33 million -14.0%0.9%1.7 $32.57
12/15/2023333,400 shares $10.58 million +38.8%1.0%2.1 $31.73
11/30/2023240,200 shares $7.24 million +4.9%0.7%1.5 $30.15
11/15/2023229,100 shares $7.44 million +18.0%0.7%1.4 $32.48
10/31/2023194,200 shares $5.18 million +13.8%0.6%1.2 $26.69
10/15/2023170,600 shares $4.63 million -4.2%0.5%1.1 $27.16
9/30/2023178,100 shares $4.89 million +17.2%0.5%1.2 $27.47
9/15/2023152,000 shares $4.20 million -38.6%0.5%0.9 $27.61
8/31/2023247,400 shares $6.80 million -23.2%0.8%1.5 $27.48
8/15/2023322,000 shares $8.26 million +54.1%1.0%1.8 $25.66
7/31/2023208,900 shares $5.77 million +27.3%0.6%1.2 $27.61
7/15/2023164,100 shares $4.50 million +5.5%0.5%1 $27.43
6/30/2023155,600 shares $4.14 million -27.4%0.5%0.9 $26.60
6/15/2023214,300 shares $5.45 million +14.7%0.7%1.3 $25.42
5/31/2023186,800 shares $4.28 million -12.8%0.6%1.2 $22.92
5/15/2023214,200 shares $4.56 million +3.9%0.7%1.3 $21.28
4/30/2023206,100 shares $4.28 million +20.9%0.6%1.1 $20.78
4/15/2023170,500 shares $3.94 million -6.6%0.5%0.9 $23.13
3/31/2023182,600 shares $4.55 million -30.6%0.6%0.9 $24.92
3/15/2023263,100 shares $6.40 million +0.7%0.8%1.4 $24.32
2/28/2023261,300 shares $6.91 million +11.0%0.8%1.3 $26.45
2/15/2023235,500 shares $6.43 million +16.0%0.7%1.2 $27.31
1/31/2023203,000 shares $4.69 million +0.9%0.6%1.1 $23.12
1/15/2023201,200 shares $4.43 million -8.6%0.6%1.3 $22.00
12/30/2022220,200 shares $4.42 million +33.9%0.7%1.5 $20.08
12/15/2022164,500 shares $3.14 million -7.6%0.5%1.1 $19.06
11/30/2022178,100 shares $3.62 million -29.1%0.5%1.2 $20.31
11/15/2022251,300 shares $4.96 million -36.2%0.8%1.7 $19.72
10/31/2022393,800 shares $6.99 million -22.7%1.2%2.7 $17.76
10/15/2022509,100 shares $8.07 million +2.0%1.6%3.7 $15.85
9/30/2022498,900 shares $7.69 million -2.3%1.5%3.8 $15.41
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9/15/2022510,700 shares $8.70 million -0.4%1.6%4 $17.03
8/31/2022512,600 shares $9.00 million -7.8%1.6%4.6 $17.55
8/15/2022556,100 shares $10.68 million +3.0%1.7%5.3 $19.21
7/31/2022539,700 shares $8.40 million +13.1%1.7%5.8 $15.57
7/15/2022477,400 shares $6.70 million -2.1%1.5%5.1 $14.04
6/30/2022487,700 shares $6.85 million +5.8%1.5%5.2 $14.05
6/15/2022460,800 shares $7.17 million +24.1%1.4%4.8 $15.57
5/31/2022371,200 shares $5.84 million +9.3%1.1%4.1 $15.74
5/15/2022339,700 shares $5.03 million +1.4%1.0%3.7 $14.80
4/30/2022334,900 shares $5.02 million +15.5%1.0%3.4 $15.00
4/15/2022289,900 shares $4.60 million -2.5%0.9%2.6 $15.87
3/31/2022297,300 shares $4.82 million -9.8%0.9%2.5 $16.20
3/15/2022329,700 shares $5.70 million +14.1%1.0%2.9 $17.30
2/28/2022289,000 shares $4.95 million -7.9%0.9%2.5 $17.12
2/15/2022313,700 shares $5.40 million +21.8%1.0%2.6 $17.22
1/31/2022257,500 shares $4.42 million +37.2%0.8%2.1 $17.15
1/15/2022187,700 shares $3.30 million -6.0%0.6%1.7 $17.57
12/31/2021199,600 shares $3.38 million -10.9%0.6%2 $16.93
12/15/2021224,000 shares $3.79 million -6.5%0.7%2.2 $16.90
11/30/2021239,600 shares $4.14 million -10.4%0.7%2.2 $17.26
11/15/2021267,300 shares $4.95 million -22.3%0.8%2.3 $18.50
10/29/2021344,100 shares $5.95 million -4.7%1.1%3.2 $17.28
10/15/2021361,000 shares $6.10 million -4.1%1.1%3.5 $16.91
9/30/2021376,400 shares $6.52 million -0.2%1.2%3.5 $17.31
9/15/2021377,000 shares $6.03 million +4.6%1.2%3.4 $15.99
8/31/2021360,400 shares $6.02 million +4.0%1.1%3.6 $16.70
8/13/2021346,700 shares $5.84 million -3.6%1.1%3.4 $16.85
7/30/2021359,800 shares $5.99 million +9.4%1.1%3.3 $16.66
7/15/2021329,000 shares $5.38 million -8.8%1.0%2.8 $16.34
6/30/2021360,800 shares $6.15 million -1.8%1.1%3.1 $17.04
6/15/2021367,500 shares $6.46 million -8.7%1.1%3.2 $17.57
5/28/2021402,700 shares $7.02 million +6.9%1.2%3.4 $17.43
5/14/2021376,800 shares $7.27 million +9.9%1.2%2.7 $19.29
4/30/2021342,800 shares $6.67 million -9.0%1.1%2.3 $19.45
4/15/2021376,800 shares $7.51 million -1.4%1.2%2.4 $19.94
3/31/2021382,100 shares $7.28 million -16.8%1.2%2.4 $19.04
3/15/2021459,300 shares $9.72 million +2.5%1.4%2.9 $21.17
2/26/2021448,100 shares $9.91 million +42.3%1.4%2.7 $22.11
2/12/2021314,800 shares $5.11 million -5.2%1.0%2 $16.24
1/29/2021332,000 shares $5.05 million -8.8%1.0%2.1 $15.21
1/15/2021364,200 shares $6.33 million -15.4%1.1%2.3 $17.37
12/31/2020430,300 shares $6.71 million +18.2%1.3%2.6 $15.59
12/15/2020364,200 shares $6.05 million -8.9%1.1%2.1 $16.62
11/30/2020399,900 shares $5.81 million -16.2%1.2%2.2 $14.54
11/15/2020477,000 shares $5.99 million -14.2%1.5%2.8 $12.56
10/30/2020555,600 shares $5.56 million +92.9%1.7%3.4 $10.01
10/15/2020288,000 shares $3.42 million -4.3%0.9%1.8 $11.89
9/30/2020300,900 shares $3.38 million +7.4%0.9%1.8 $11.23
9/15/2020280,300 shares $3.18 million +20.3%0.9%1.7 $11.35
8/31/2020233,000 shares $3.07 million +4.7%0.7%1.3 $13.16
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8/14/2020222,600 shares $3.16 million -15.4%0.7%1.1 $14.20
7/31/2020263,100 shares $3.57 million -9.6%0.8%1.3 $13.55
7/15/2020291,100 shares $4.18 million +5.9%0.9%1.4 $14.37
6/30/2020274,800 shares $3.98 million +13.1%0.9%1.3 $14.49
6/15/2020242,900 shares $3.51 million -2.1%0.8%1.2 $14.43
5/29/2020248,200 shares $3.98 million +18.7%0.8%1.3 $16.03
5/15/2020209,100 shares $2.74 million -21.8%0.7%1.1 $13.10
4/30/2020267,300 shares $4.18 million +33.3%0.8%1.4 $15.62
4/15/2020200,500 shares $2.90 million -4.5%0.6%1.1 $14.45
3/31/2020210,000 shares $2.84 million -11.7%0.7%1.3 $13.54
3/13/2020237,800 shares $3.69 million +22.1%0.7%1.9 $15.50
2/28/2020194,800 shares $2.63 million +33.8%0.6%1.5 $13.48
2/14/2020145,600 shares $2.22 million +43.0%0.5%1.3 $15.27
1/31/2020101,800 shares $1.98 million +9.5%0.3%0.9 $19.48
1/15/202093,000 shares $1.98 million +31.4%0.3%0.9 $21.33
12/31/201970,800 shares $1.81 million -41.8%0.2%0.7 $25.53
8/15/2019266,000 shares $5.54 million -20.4%0.8%2 $20.81

THR Short Interest - Frequently Asked Questions

What is Thermon Group's current short interest?

Short interest is the volume of Thermon Group shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 418,400 shares of THR short. 1.27% of Thermon Group's shares are currently sold short. Learn More on Thermon Group's current short interest.

What is a good short interest ratio for Thermon 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. THR shares currently have a short interest ratio of 2.0. Learn More on Thermon Group's short interest ratio.

What is a good short interest percentage for Thermon Group?

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. 1.27% of Thermon Group's floating shares are currently sold short.

Is Thermon Group's short interest increasing or decreasing?

Thermon Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 418,400 shares, an increase of 10.1% from the previous total of 380,000 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 Thermon Group's float size?

Thermon Group currently has issued a total of 33,720,000 shares. Some of Thermon Group'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. Thermon Group currently has a public float of 32,880,000 shares.

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

1.27% of Thermon Group's shares are currently sold short. Here is how the short interest of companies compare to Thermon Group: Franklin Electric Co., Inc. (1.51%), Encore Wire Co. (5.44%), EnerSys (3.07%), Belden Inc. (2.59%), Brady Co. (0.92%), Powell Industries, Inc. (20.04%), Vicor Co. (6.97%), Preformed Line Products (1.67%), American Superconductor Co. (6.02%), LSI Industries Inc. (2.54%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

What does it mean to sell short Thermon Group stock?

Short selling THR is an investing strategy that aims to generate trading profit from Thermon Group as its price is falling. THR shares are trading down $1.10 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 Thermon Group?

A short squeeze for Thermon Group 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 THR, which in turn drives the price of the stock up even further.

How often is Thermon 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 THR, twice per month. The most recent reporting period available is May, 15 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:THR) was last updated on 5/31/2024 by MarketBeat.com Staff

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