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Sandoz Group (SDZNY) Short Interest Ratio & Short Volume

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$45.32 +0.58 (+1.30%)
(As of 11/22/2024 ET)

Sandoz Group Short Interest Data

Sandoz Group (SDZNY) has a short interest of 880,700 shares. This marks a 0.23% increase in short interest from the previous month. The short interest ratio (days to cover) is 8.1, indicating that it would take 8.1 days of the average trading volume of 98,261 shares to cover all short positions.

Current Short Interest
880,700 shares
Previous Short Interest
878,700 shares
Change Vs. Previous Month
+0.23%
Dollar Volume Sold Short
$40.17 million
Short Interest Ratio
8.1 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
431,000,000 shares
Percentage of Shares Shorted
0.20%
Today's Trading Volume
26,200 shares
Average Trading Volume
98,261 shares
Today's Volume Vs. Average
27%
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SDZNY Short Interest Over Time

SDZNY Days to Cover Over Time

SDZNY Percentage of Float Shorted Over Time

Sandoz Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/2024880,700 shares $40.17 million +0.2%N/A8.1 $45.61
10/15/2024878,700 shares $37.63 million +0.0%N/A11.7 $42.82
9/30/2024878,500 shares $36.55 million -5.1%N/A13.2 $41.61
9/15/2024925,300 shares $38.35 million -0.6%N/A16.5 $41.45
8/31/2024930,600 shares $40.97 million -0.3%N/A13.9 $44.02
8/15/2024933,300 shares $39.96 million -5.8%N/A13.1 $42.82
7/31/2024991,000 shares $43.03 million -3.5%N/A5.9 $43.43
7/15/20241,027,200 shares $39.53 million +0.5%N/A8.7 $38.48
6/30/20241,022,100 shares $37.00 million +0.6%N/A9.3 $36.20
6/15/20241,015,600 shares $36.31 million -0.1%N/A11.8 $35.75
5/31/20241,017,000 shares $36.08 million -10.8%N/A8.7 $35.48
5/15/20241,139,500 shares $40.76 million -9.6%N/A6.8 $35.77
4/30/20241,260,800 shares $42.77 million -42.5%N/A2.6 $33.92
4/15/20242,192,600 shares $66.76 million +1.8%N/A12.2 $30.45
3/31/20242,154,600 shares $64.85 million -0.6%N/A14.2 $30.10
3/15/20242,167,700 shares $69.21 million -7.9%N/A8.1 $31.93
2/29/20242,354,100 shares $73.14 million -18.7%N/A12.9 $31.07
2/15/20242,895,500 shares $93.93 million +15.1%N/A7.5 $32.44
1/15/20242,622,500 shares $87.33 million +21.8%N/A8.7 $33.30
12/31/20232,152,900 shares $68.91 million -2.5%N/A6.5 $32.01
12/15/20232,208,700 shares $70.57 million +3.7%N/A3.4 $31.95
11/30/20232,130,700 shares $60.82 million -0.6%N/A7.4 $28.55
11/15/20232,143,500 shares $62.42 million +35.4%N/A2.8 $29.12
10/31/20231,582,700 shares $40.87 million +66.6%N/A1.1 $25.82
10/15/2023950,300 shares $29.27 million No ChangeN/A0.3 $30.80

SDZNY Short Interest - Frequently Asked Questions

What is Sandoz Group's current short interest?

Short interest is the volume of Sandoz Group shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 880,700 shares of SDZNY short. Learn More on Sandoz Group's current short interest.

What is a good short interest ratio for Sandoz 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. SDZNY shares currently have a short interest ratio of 8.0. Learn More on Sandoz Group's short interest ratio.

Is Sandoz Group's short interest increasing or decreasing?

Sandoz Group saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 880,700 shares, an increase of 0.2% from the previous total of 878,700 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 Sandoz Group's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "private households" compare to Sandoz Group: Shin-Etsu Chemical Co., Ltd. (0.00%), ITOCHU Co. (0.00%), KDDI Co. (0.00%), Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (0.00%), Vinci SA (0.00%), Glencore plc (0.00%), Compass Group PLC (0.00%), Bank of Communications Co., Ltd. (0.00%), Bayerische Motoren Werke Aktiengesellschaft (0.01%), Mitsubishi Heavy Industries, Ltd. (0.21%),

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 Sandoz Group stock?

Short selling SDZNY is an investing strategy that aims to generate trading profit from Sandoz Group as its price is falling. SDZNY shares are trading up $0.58 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 Sandoz Group?

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

How often is Sandoz 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 SDZNY, twice per month. The most recent reporting period available is October, 31 2024.




This page (OTCMKTS:SDZNY) was last updated on 11/23/2024 by MarketBeat.com Staff
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