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Adobe Short Interest Ratio and Short Volume

+4.90 (+1.01 %)
(As of 10/23/2020 12:00 AM ET)
Today's Range
Now: $488.50
50-Day Range
MA: $487.10
52-Week Range
Now: $488.50
Volume1.90 million shs
Average Volume2.26 million shs
Market Capitalization$234.34 billion
P/E Ratio61.52
Dividend YieldN/A

Short Interest

Adobe (NASDAQ:ADBE) Short Interest Data

Current Short Volume:4,370,000 shares
Previous Short Volume:3,970,000 shares
Change Vs. Previous Month:+10.08%
Dollar Volume Sold Short:$2.25 billion
Short Interest Ratio / Days to Cover:2.0
Last Record Date:September, 30 2020
Outstanding Shares:485,440,000 shares
Float Size:477,150,000 shares
Short Percent of Float:0.92%
Today's Trading Volume:1,899,599 shares
Average Trading Volume:2,258,962 shares
Today's Volume Vs. Average:-15.91%

Adobe (NASDAQ:ADBE) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/30/20204,370,000 $2.25 billion 10.1%0.9%1.5$514.31
9/15/20203,970,000 $1.90 billion -1.5%0.8%1.3$479.78
8/31/20204,030,000 $1.94 billion 7.5%0.8%1.4$481.01
8/14/20203,750,000 $1.98 billion -12.2%0.8%1.4$527.95
7/31/20204,270,000 $1.93 billion -11.2%0.9%1.5$451.87
7/15/20204,810,000 $2.14 billion -1.4%1.0%1.6$444.32
6/30/20204,880,000 $2.10 billion 5.6%1.0%1.6$430.31
6/15/20204,620,000 $2.04 billion -1.5%1.0%1.4$441.07
5/29/20204,690,000 $2.02 billion -1.3%1.0%1.2$431.68
5/15/20204,750,000 $1.84 billion -8.1%1.0%1.2$386.60
4/30/20205,170,000 $1.94 billion -6.0%1.1%1.3$375.17
4/15/20205,500,000 $2.04 billion -3.5%1.2%1.4$371.42
3/31/20205,700,000 $1.96 billion -2.7%1.2%1.5$344.10
3/13/20205,856,500 $1.87 billion 27.0%1.2%1.3$318.70
2/28/20204,610,000 $1.42 billion -6.9%1.0%1.7$307.27
2/14/20204,950,000 $1.65 billion 4.0%0.0%2.1$332.38
1/31/20204,760,000 $1.67 billion -9.0%0.0%2.2$351.34
1/15/20205,230,000 $1.93 billion -22.5%1.1%2.3$369.28
12/31/20196,750,000 $2.37 billion -10.4%1.4%2.9$351.37
8/15/20195,715,600 $1.65 billion 1.7%1.2%2.2$288.74

Adobe (NASDAQ:ADBE) Short Interest FAQ

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What is Adobe's current short interest?

Short interest is the volume of Adobe shares that have been sold short but have not yet been covered or closed out. As of September 30th, investors have sold 4,370,000 shares of ADBE short. 0.92% of Adobe's shares are currently sold short. View details.

What is a good short interest ratio for Adobe?

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. Adobe currently has a short interest ratio of 2.0.

What is a good short interest percentage for Adobe?

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. 0.92% of Adobe's floating shares are currently sold short.

Is Adobe's short interest increasing or decreasing?

Adobe saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 4,370,000 shares, an increase of 10.1% from the previous total of 3,970,000 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.

What is Adobe's float size?

Adobe currently has issued a total of 479,720,000 shares. Some of Adobe'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. Adobe currently has a public float of 477,150,000 shares.

How does Adobe's short interest compare to its competitors?

0.92% of Adobe's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "application software" compare to Adobe: salesforce.com, inc. (0.00%), Intuit Inc. (1.02%), Autodesk, Inc. (0.95%), Workday Inc (0.00%), Splunk Inc. (0.00%), Synopsys, Inc. (0.00%), Cadence Design Systems, Inc. (0.83%), ANSYS, Inc. (0.00%), SS&C Technologies Holdings, Inc. (0.96%), and Tyler Technologies, Inc. (0.00%).

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 ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog, Inc. ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group, Inc. ($1.88 billion). View all of the most shorted stocks.

What does it mean to sell short Adobe stock?

Short selling ADBE is an investing strategy that aims to generate trading profit from Adobe as its price is falling. Adobe's stock is trading up $4.90 today. To short Adobe 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 Adobe 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 Adobe?

A short squeeze for Adobe 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 ADBE, which in turn drives the price of the stock up even further.

How often is Adobe'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 ADBE, twice per month. The most recent reporting period available is September, 30 2020.

This page was last updated on 10/25/2020 by MarketBeat.com Staff

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