T-Mobile US (TMUS) Short Interest Ratio & Short Volume

Short interest is the volume of T-Mobile US shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 24,270,000 shares of TMUS short. 5.55% of T-Mobile US's shares are currently sold short. Learn More on T-Mobile US's current short interest.

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. TMUS shares currently have a short interest ratio of 6.0. Learn More on T-Mobile US's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of T-Mobile US: National Bank of Canada FI, JPMorgan Chase & Co., BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., XY Capital Ltd, Simplex Trading LLC, Assenagon Asset Management S.A., Portman Square Capital LLP, IMC Chicago LLC, Nomura Holdings Inc., Readystate Asset Management LP, Parallax Volatility Advisers L.P., HAP Trading LLC, Point72 Asset Management L.P., Balyasny Asset Management L.P., Nomura Holdings Inc., and Verition Fund Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 5.55% of T-Mobile US's floating shares are currently sold short.

T-Mobile US saw a increase in short interest in April. As of April 30th, there was short interest totaling 24,270,000 shares, an increase of 4.8% from the previous total of 23,160,000 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.

T-Mobile US currently has issued a total of 1,171,854,000 shares. Some of T-Mobile US'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. T-Mobile US currently has a public float of 437,400,000 shares.

5.55% of T-Mobile US's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to T-Mobile US: Cisco Systems, Inc. (1.28%), Intuit Inc. (1.24%), QUALCOMM Incorporated (1.84%), Applied Materials, Inc. (1.49%), Texas Instruments Incorporated (2.04%), Verizon Communications Inc. (1.08%), Adobe Inc. (1.54%), International Business Machines Co. (2.23%), Uber Technologies, Inc. (2.44%), ServiceNow, Inc. (1.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling TMUS is an investing strategy that aims to generate trading profit from T-Mobile US as its price is falling. TMUS shares are trading down $0.94 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.

A short squeeze for T-Mobile US 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 TMUS, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TMUS, twice per month. The most recent reporting period available is April, 30 2024.