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Ascent Industries (ACNT) Short Interest Ratio & Short Volume

$10.01
+0.11 (+1.11%)
(As of 06/20/2024 ET)

Ascent Industries Short Interest Data

Current Short Interest
7,200 shares
Previous Short Interest
9,800 shares
Change Vs. Previous Month
-26.53%
Dollar Volume Sold Short
$74,376.00
Short Interest Ratio
0.8 Days to Cover
Last Record Date
May 31, 2024
Outstanding Shares
10,130,000 shares
Float Size
8,800,000 shares
Short Percent of Float
0.08%
Today's Trading Volume
33,522 shares
Average Trading Volume
13,149 shares
Today's Volume Vs. Average
255%
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ACNT Short Interest Over Time

ACNT Days to Cover Over Time

ACNT Percentage of Float Shorted Over Time

Ascent Industries Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/31/20247,200 shares $74,376.00 -26.5%0.1%0.8 $10.33
5/15/20249,800 shares $101,332.00 +7.7%0.1%1.5 $10.34
4/30/20249,100 shares $93,457.00 +31.9%0.1%1.6 $10.27
4/15/20246,900 shares $71,070.00 -24.2%0.1%1.2 $10.30
3/31/20249,100 shares $92,729.00 -10.8%0.1%1.4 $10.19
3/15/202410,200 shares $109,650.00 -1.9%0.1%1.1 $10.75
2/29/202410,400 shares $111,384.00 -7.1%0.1%0.9 $10.71
2/15/202411,200 shares $112,560.00 +21.7%0.1%0.9 $10.05
1/31/20249,200 shares $92,092.00 -13.2%0.1%0.7 $10.01
1/15/202410,600 shares $112,360.00 -15.2%0.1%0.8 $10.60
12/31/202312,500 shares $119,500.00 +15.7%0.1%1 $9.56
12/15/202310,800 shares $79,380.00 +25.6%0.1%1 $7.35
11/30/20238,600 shares $70,434.00 -19.6%0.1%1.2 $8.19
11/15/202310,700 shares $89,559.00 +13.8%0.1%1.6 $8.37
10/31/20239,400 shares $78,490.00 -9.6%0.1%1.4 $8.35
10/15/202310,400 shares $83,720.00 -2.8%0.1%1.5 $8.05
9/30/202310,700 shares $94,909.00 -1.8%0.1%1.6 $8.87
9/15/202310,900 shares $93,522.00 -17.4%0.1%1.4 $8.58
8/31/202313,200 shares $117,876.00 -19.5%0.2%1.8 $8.93
8/15/202316,400 shares $148,420.00 -8.4%0.2%2.1 $9.05
7/31/202317,900 shares $163,427.00 +50.4%0.2%2.2 $9.13
7/15/202311,900 shares $104,720.00 -2.5%0.1%1.5 $8.80
6/30/202312,200 shares $110,898.00 +31.2%0.1%1.6 $9.09
6/15/20239,300 shares $88,815.00 +6.9%0.1%1.2 $9.55
5/31/20238,700 shares $82,650.00 +77.6%0.1%1.1 $9.50
5/15/20234,900 shares $46,109.00 No Change0.1%0.6 $9.41

ACNT Short Interest - Frequently Asked Questions

What is Ascent Industries' current short interest?

Short interest is the volume of Ascent Industries shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 7,200 shares of ACNT short. 0.08% of Ascent Industries' shares are currently sold short. Learn More on Ascent Industries' current short interest.

What is a good short interest ratio for Ascent Industries?

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. ACNT shares currently have a short interest ratio of 1.0. Learn More on Ascent Industries's short interest ratio.

Which institutional investors are shorting Ascent Industries?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Ascent Industries: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Ascent Industries?

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. 0.08% of Ascent Industries' floating shares are currently sold short.

Is Ascent Industries' short interest increasing or decreasing?

Ascent Industries saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 7,200 shares, a decline of 26.5% from the previous total of 9,800 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 Ascent Industries' float size?

Ascent Industries currently has issued a total of 10,130,000 shares. Some of Ascent Industries' 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. Ascent Industries currently has a public float of 8,800,000 shares.

How does Ascent Industries' short interest compare to its competitors?

0.08% of Ascent Industries' shares are currently sold short. Here is how the short interest of companies compare to Ascent Industries: Ampco-Pittsburgh Co. (3.62%), Universal Stainless & Alloy Products, Inc. (1.18%), Northwest Pipe (0.59%), Inno Holdings Inc. (0.45%), Olympic Steel, Inc. (4.04%), ATI Inc. (5.59%), The Manitowoc Company, Inc. (1.51%), IperionX Limited (0.13%), Park-Ohio Holdings Corp. (2.17%), Graham Co. (0.20%),

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. ($4.43 billion), Charter Communications, Inc. ($3.54 billion), Occidental Petroleum Co. ($3.11 billion), Moderna, Inc. ($2.88 billion), General Motors ($2.62 billion), Royal Caribbean Cruises Ltd. ($2.34 billion), Coinbase Global, Inc. ($2.25 billion), Tractor Supply ($2.12 billion), Dell Technologies Inc. ($1.89 billion), and Enphase Energy, Inc. ($1.72 billion). View all of the most shorted stocks.

What does it mean to sell short Ascent Industries stock?

Short selling ACNT is an investing strategy that aims to generate trading profit from Ascent Industries as its price is falling. ACNT shares are trading up $0.11 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 Ascent Industries?

A short squeeze for Ascent Industries 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 ACNT, which in turn drives the price of the stock up even further.

How often is Ascent Industries' 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 ACNT, twice per month. The most recent reporting period available is May, 31 2024.



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This page (NASDAQ:ACNT) was last updated on 6/21/2024 by MarketBeat.com Staff

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