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Madison Covered Call & Equity Strategy Fund (MCN) Short Interest Ratio & Short Volume

$7.23
-0.01 (-0.14%)
(As of 05/31/2024 08:50 PM ET)

Madison Covered Call & Equity Strategy Fund Short Interest Data

Current Short Interest
88,500 shares
Previous Short Interest
60,900 shares
Change Vs. Previous Month
+45.32%
Dollar Volume Sold Short
$662,865.00
Short Interest Ratio
1.6 Days to Cover
Last Record Date
February 15, 2024
Today's Trading Volume
25,300 shares
Average Trading Volume
48,393 shares
Today's Volume Vs. Average
52%
Skip Charts & View Short Interest History

MCN Short Interest Over Time

MCN Days to Cover Over Time

MCN Percentage of Float Shorted Over Time

Madison Covered Call & Equity Strategy Fund Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/15/202488,500 shares $662,865.00 +45.3%N/A1.6 $7.49
1/31/202460,900 shares $431,172.00 -23.2%N/A1.1 $7.08
1/15/202479,300 shares $574,132.00 +19.6%N/A1.5 $7.24
12/31/202366,300 shares $499,239.00 -2.1%N/A1.2 $7.53
12/15/202367,700 shares $484,055.00 +30.2%N/A1.2 $7.15
11/30/202352,000 shares $375,434.80 -3.2%N/A1 $7.22
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11/15/202353,700 shares $374,289.00 No ChangeN/A1 $6.97
10/31/202353,700 shares $367,308.00 -2.0%N/A1.1 $6.84
10/15/202354,800 shares $375,380.00 +9.4%N/A0.9 $6.85
9/30/202350,100 shares $354,207.00 +6.8%N/A0.8 $7.07
9/15/202346,900 shares $332,990.00 +75.7%N/A0.8 $7.10
8/31/202326,700 shares $197,179.50 -21.7%N/A0.5 $7.39
8/15/202334,100 shares $250,294.00 +50.2%N/A0.5 $7.34
7/31/202322,700 shares $170,250.00 -26.3%N/A0.3 $7.50
7/15/202330,800 shares $232,848.00 -14.0%N/A0.5 $7.56
6/30/202335,800 shares $264,383.00 -23.7%N/A0.6 $7.39
6/15/202346,900 shares $348,936.00 -12.5%N/A0.7 $7.44
5/31/202353,600 shares $396,114.72 -43.4%N/A0.8 $7.39
5/15/202394,700 shares $730,137.00 -49.5%N/A1.5 $7.71
4/30/2023187,400 shares $1.57 million +51.4%N/A3.5 $8.38
4/15/2023123,800 shares $1.01 million +12.1%N/A2.6 $8.19
3/31/2023110,400 shares $877,680.00 +5.0%N/A2.5 $7.95
3/15/2023105,100 shares $843,953.00 +26.2%N/A2.4 $8.03
2/28/202383,300 shares $669,732.00 +33.7%N/A1.8 $8.04
2/15/202362,300 shares $494,662.00 -24.0%N/A1.3 $7.94
1/31/202382,000 shares $659,280.00 -4.9%N/A1.5 $8.04
1/15/202386,200 shares $691,324.00 -2.2%N/A1.5 $8.02
12/30/202288,100 shares $682,775.00 +54.6%N/A1.2 $7.75
12/15/202257,000 shares $432,630.00 +57.5%N/A0.7 $7.59
11/30/202236,200 shares $279,826.00 -59.3%N/A0.4 $7.73
11/15/202288,900 shares $685,419.00 -47.4%N/A0.9 $7.71
10/31/2022169,100 shares $1.32 million +57.5%N/A1.8 $7.83
10/15/2022107,400 shares $752,874.00 No ChangeN/A1.1 $7.01
9/30/202267,400 shares $435,404.00 -70.0%N/A0.7 $6.46
9/15/2022224,800 shares $1.73 million +113.5%N/A3 $7.69
8/31/2022105,300 shares $803,439.00 +31.6%N/A1.5 $7.63
8/15/202280,000 shares $612,000.00 +163.2%N/A1.2 $7.65
7/31/202230,400 shares $210,976.00 -15.6%N/A0.4 $6.94
7/15/202236,000 shares $242,280.00 -8.6%N/A0.4 $6.73
6/30/202239,400 shares $267,132.00 -43.9%N/A0.5 $6.78
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6/15/202270,200 shares $480,168.00 +96.6%N/A0.9 $6.84
5/31/202235,700 shares $257,754.00 +20.2%N/A0.5 $7.22
5/15/202229,700 shares $200,178.00 -64.1%N/A0.4 $6.74
4/30/202282,700 shares $613,634.00 -2.7%N/A1.1 $7.42
4/15/202285,000 shares $660,450.00 +3.2%N/A1.6 $7.77
3/31/202282,400 shares $652,608.00 -41.6%N/A1.4 $7.92
3/15/2022141,100 shares $1.09 million +32.2%N/A2.1 $7.72
2/28/2022106,700 shares $825,858.00 -16.1%N/A1.6 $7.74
2/15/2022127,100 shares $982,483.00 +8.1%N/A1.8 $7.73
1/31/2022117,600 shares $910,224.00 -35.1%N/A1.8 $7.74
1/15/2022181,200 shares $1.47 million +117.8%N/A2.8 $8.12
12/31/202183,200 shares $667,264.00 -60.7%N/A1.4 $8.02
12/15/2021211,800 shares $1.66 million +12.1%N/A3.7 $7.86
11/30/2021189,000 shares $1.49 million +3.6%N/A3.4 $7.89
11/15/2021182,400 shares $1.50 million +12.3%N/A3.7 $8.23
10/29/2021162,400 shares $1.30 million -13.8%N/A3.2 $8.02
10/15/2021188,300 shares $1.51 million +3.0%N/A3.8 $8.02
9/30/2021182,800 shares $1.43 million -29.2%N/A3.6 $7.85
9/15/2021258,000 shares $2.11 million +12.2%N/A5 $8.17
8/31/2021230,000 shares $1.90 million -0.2%N/A4.3 $8.27
8/13/2021230,400 shares $1.85 million -5.8%N/A4 $8.05
7/30/2021244,600 shares $1.99 million -15.7%N/A4 $8.14
7/15/2021290,000 shares $2.39 million +58.3%N/A4.4 $8.23
6/30/2021183,200 shares $1.48 million -16.6%N/A2.6 $8.09
6/15/2021219,700 shares $1.79 million +13.8%N/A2.8 $8.16
5/28/2021193,000 shares $1.57 million -12.2%N/A2.4 $8.16
5/14/2021219,700 shares $1.74 million -7.1%N/A2.6 $7.91
4/30/2021236,400 shares $1.87 million -23.2%N/A2.7 $7.91
4/15/2021307,600 shares $2.40 million +25.9%N/A3.3 $7.81
3/31/2021244,300 shares $1.86 million -3.3%N/A2.4 $7.63
3/15/2021252,600 shares $1.95 million +54.7%N/A2.2 $7.73
2/26/2021163,300 shares $1.16 million +11.5%N/A1.3 $7.12
2/12/2021146,400 shares $1.05 million -44.4%N/A1.2 $7.17
1/29/2021263,500 shares $1.85 million -28.7%N/A2.2 $7.02
1/15/2021369,700 shares $2.65 million +17.7%N/A3.2 $7.18
12/31/2020314,100 shares $2.14 million +199.7%N/A2.9 $6.81
12/15/2020104,800 shares $717,880.00 +249.3%N/A1.1 $6.85
11/30/202030,000 shares $192,600.00 -13.5%N/A0.3 $6.42
11/15/202034,700 shares $216,181.00 +3.9%N/A0.4 $6.23
10/30/202033,400 shares $195,724.00 -24.3%N/A0.4 $5.86
10/15/202044,100 shares $265,923.00 +7.3%N/A0 $6.03
9/30/202041,100 shares $245,778.00 +53.4%N/A0.5 $5.98
9/15/2020136,400 shares $832,040.00 +409.0%N/A1.5 $6.10
8/31/202026,800 shares $162,140.00 +98.5%N/A0.3 $6.05
8/14/202013,500 shares $81,945.00 +110.9%N/A0.2 $6.07
7/31/20206,400 shares $37,120.00 -78.6%N/A0.1 $5.80
7/15/202029,900 shares $170,430.00 +264.6%N/A0.4 $5.70
6/30/20208,200 shares $45,100.00 -10.9%N/A0.1 $5.50
6/15/20209,200 shares $53,084.00 +3.4%N/A0.1 $5.77
5/29/20208,900 shares $50,463.00 +6.0%N/A0.1 $5.67
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5/15/20208,400 shares $45,444.00 +121.1%N/A0.1 $5.41
4/30/20203,800 shares $21,508.00 -95.2%N/A0 $5.66
4/15/202078,700 shares $427,341.00 +73.0%N/A0.7 $5.43
3/31/202045,500 shares $245,700.00 +213.8%N/A0.4 $5.40
3/13/202014,500 shares $79,170.00 +93.3%0.1%0.2 $5.46
2/28/20207,500 shares $30,000.00 -68.0%N/A0.1 $4.00
2/14/202023,400 shares $137,124.00 +134.0%N/A0.3 $5.86
1/31/202010,000 shares $64,200.00 -74.5%N/A0.1 $6.42
1/15/202039,200 shares $263,424.00 +216.1%N/A0.5 $6.72
12/31/201912,400 shares $82,088.00 -24.9%N/A0.2 $6.62

MCN Short Interest - Frequently Asked Questions

What is Madison Covered Call & Equity Strategy Fund's current short interest?

Short interest is the volume of Madison Covered Call & Equity Strategy Fund shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 88,500 shares of MCN short. Learn More on Madison Covered Call & Equity Strategy Fund's current short interest.

What is a good short interest ratio for Madison Covered Call & Equity Strategy Fund?

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. MCN shares currently have a short interest ratio of 2.0. Learn More on Madison Covered Call & Equity Strategy Fund's short interest ratio.

Is Madison Covered Call & Equity Strategy Fund's short interest increasing or decreasing?

Madison Covered Call & Equity Strategy Fund saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 88,500 shares, an increase of 45.3% from the previous total of 60,900 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.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

What does it mean to sell short Madison Covered Call & Equity Strategy Fund stock?

Short selling MCN is an investing strategy that aims to generate trading profit from Madison Covered Call & Equity Strategy Fund as its price is falling. MCN shares are trading down $0.01 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 Madison Covered Call & Equity Strategy Fund?

A short squeeze for Madison Covered Call & Equity Strategy Fund 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 MCN, which in turn drives the price of the stock up even further.

How often is Madison Covered Call & Equity Strategy Fund'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 MCN, twice per month. The most recent reporting period available is February, 15 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:MCN) was last updated on 6/3/2024 by MarketBeat.com Staff

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