BRP Group Short Interest Ratio and Short Volume

+0.04 (+0.15 %)
(As of 05/7/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume410,713 shs
Average Volume291,500 shs
Market Capitalization$2.52 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

BRP Group (NASDAQ:BRP) Short Interest Data

Current Short Volume1,190,000 shares
Previous Short Volume1,120,000 shares
Change Vs. Previous Month+6.25%
Dollar Volume Sold Short$34.94 million
Short Interest Ratio / Days to Cover4.1
Last Record DateApril, 15 2021
Outstanding Shares95,651,000 shares
Float Size41,030,000 shares
Short Percent of Float2.90%
Today's Trading Volume410,713 shares
Average Trading Volume291,500 shares
Today's Volume Vs. Average40.90%

Short Interest Over Time

BRP Group (NASDAQ:BRP) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20211,190,000 shares $34.94 million +6.3%2.9%4.1$29.36
3/31/20211,120,000 shares $29.84 million +7.7%3.0%3.7$26.64
3/15/20211,040,000 shares $29.00 million -8.8%2.8%3.1$27.88
2/26/20211,140,000 shares $30.34 million +16.2%4.0%2.8$26.61
2/12/2021981,500 shares $28.01 million +12.4%3.5%2.4$28.54
1/29/2021872,900 shares $21.10 million +13.6%3.2%2.2$24.17
1/15/2021768,600 shares $20.37 million -11.0%2.9%2.1$26.50
12/31/2020863,500 shares $25.07 million +30.7%3.2%2.5$29.03
12/15/2020660,800 shares $18.18 million +6.5%2.7%2$27.51
11/30/2020620,700 shares $19.24 million +1.3%2.2%2.1$30.99
11/15/2020612,700 shares $19.55 million +2.2%2.2%2.1$31.90
10/30/2020599,600 shares $15.35 million +3.1%2.1%2.1$25.60
10/15/2020581,600 shares $16.00 million -15.5%2.1%1.9$27.51
9/30/2020688,100 shares $17.14 million +75.9%5.4%2.2$24.91
9/15/2020391,100 shares $9.77 million -59.6%3.1%1 $24.98

BRP Group (NASDAQ:BRP) Short Interest FAQ

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What is BRP Group's current short interest?

Short interest is the volume of BRP Group shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 1,190,000 shares of BRP short. 2.90% of BRP Group's shares are currently sold short. View details.

What is a good short interest ratio for BRP Group?

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. BRP Group currently has a short interest ratio of 4.0.

What is a good short interest percentage for BRP Group?

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. 2.90% of BRP Group's floating shares are currently sold short.

Is BRP Group's short interest increasing or decreasing?

BRP Group saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,190,000 shares, an increase of 6.3% from the previous total of 1,120,000 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 BRP Group's float size?

BRP Group currently has issued a total of 95,651,000 shares. Some of BRP Group'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. BRP Group currently has a public float of 41,030,000 shares.

How does BRP Group's short interest compare to its competitors?

2.90% of BRP Group's shares are currently sold short. Here is how the short interest of companies in the industry of "insurance agents, brokers, & service" compare to BRP Group: Erie Indemnity (3.77%), SelectQuote, Inc. (8.39%), Ashmore Group PLC (0.00%), GoHealth, Inc. (4.90%), Goosehead Insurance, Inc (0.00%), CorVel Co. (1.31%), eHealth, Inc. (0.00%), Fanhua Inc. (5.64%), Huize Holding Limited (0.03%), and UMC, 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: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short BRP Group stock?

Short selling BRP is an investing strategy that aims to generate trading profit from BRP Group as its price is falling. BRP Group's stock is trading up $0.04 today. To short BRP Group 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 BRP Group 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 BRP Group?

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

How often is BRP Group'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 BRP, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/9/2021 by Staff
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