Netflix (NFLX) Short Interest Ratio & Short Volume

Short interest is the volume of Netflix shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 6,450,000 shares of NFLX short. 1.51% of Netflix's shares are currently sold short. Learn More on Netflix'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. NFLX shares currently have a short interest ratio of 1.0. Learn More on Netflix's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Netflix: Caas Capital Management LP, Raymond James & Associates, Wealth Enhancement Advisory Services LLC, Portman Square Capital LLP, Nomura Holdings Inc., Readystate Asset Management LP, HAP Trading LLC, Caas Capital Management LP, Citadel Advisors LLC, Clear Street LLC, CMT Capital Markets Trading GmbH, Royal Bank of Canada, Balyasny Asset Management L.P., Verition Fund Management LLC, PEAK6 Investments LLC, Optiver Holding B.V., Eisler Capital US LLC, Eisler Capital UK Ltd., Bank of Nova Scotia, Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Hsbc Holdings PLC, IMC Chicago LLC, One River Asset Management LLC, Wells Fargo & Company MN, UBS Group AG, Baader Bank Aktiengesellschaft, Gladius Capital Management LP, CenterStar Asset Management LLC, Concourse Financial Group Securities Inc., Altshuler Shaham Ltd, CTC LLC, Genus Capital Management Inc., Mission Wealth Management LP, XR Securities LLC, Wolverine Asset Management LLC, and SpiderRock Advisors 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. 1.51% of Netflix's floating shares are currently sold short.

Netflix saw a drop in short interest in April. As of April 15th, there was short interest totaling 6,450,000 shares, a drop of 6.1% from the previous total of 6,870,000 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.

Netflix currently has issued a total of 430,900,000 shares. Some of Netflix'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. Netflix currently has a public float of 426,820,000 shares.

1.51% of Netflix's shares are currently sold short. Here is how the short interest of companies compare to Netflix: The Walt Disney Company (1.09%), Comcast Co. (1.36%), NIKE, Inc. (1.62%), AT&T Inc. (1.16%), Sony Group Co. (0.12%), Marriott International, Inc. (2.18%), iQIYI, Inc. (9.88%), Cineverse Corp. (1.94%), Hilton Worldwide Holdings Inc. (1.11%), Lululemon Athletica Inc. (3.45%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling NFLX is an investing strategy that aims to generate trading profit from Netflix as its price is falling. NFLX shares are trading down $3.57 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 Netflix 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 NFLX, 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 NFLX, twice per month. The most recent reporting period available is April, 15 2024.