American Woodmark Short Interest Ratio and Short Volume

Short interest is the volume of American Woodmark shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 542,700 shares of AMWD short. 3.48% of American Woodmark's shares are currently sold short. View details.

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. American Woodmark currently has a short interest ratio of 4.0.

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. 3.48% of American Woodmark's floating shares are currently sold short.

American Woodmark saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 542,700 shares, a decrease of 10.5% from the previous total of 606,200 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.

American Woodmark currently has issued a total of 16,993,000 shares. Some of American Woodmark'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. American Woodmark currently has a public float of 15,580,000 shares.

3.48% of American Woodmark's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "building products" compare to American Woodmark: Masco Co. (3.25%), Fortune Brands Home & Security, Inc. (1.53%), Lennox International Inc. (5.11%), Trex Company, Inc. (14.99%), A. O. Smith Co. (10.22%), Owens Corning (6.44%), Builders FirstSource, Inc. (2.39%), Simpson Manufacturing Co., Inc. (2.62%), Armstrong World Industries, Inc. (2.11%), and AAON, Inc. (12.08%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($17.72 billion), Netflix, Inc. ($7.24 billion), Charter Communications, Inc. ($4.67 billion), Microchip Technology Incorporated ($3.34 billion), The Charles Schwab Co. ($2.53 billion), Match Group, Inc. ($2.07 billion), Carvana Co. ($1.86 billion), Omnicom Group Inc. ($1.86 billion), Snap Inc. ($1.75 billion), and Zillow Group, Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling AMWD is an investing strategy that aims to generate trading profit from American Woodmark as its price is falling. American Woodmark's stock is trading down $0.76 today. To short American Woodmark 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 American Woodmark 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 American Woodmark 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 AMWD, 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 AMWD, twice per month. The most recent reporting period available is January, 31 2020.