E*TRADE Financial (ETFC) Short Interest Ratio & Short Volume

Short interest is the volume of E*TRADE Financial shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 11,520,000 shares of ETFC short. 5.24% of E*TRADE Financial's shares are currently sold short. Learn More on E*TRADE Financial's current short interest.

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. ETFC shares currently have a short interest ratio of 6.0. Learn More on E*TRADE Financial's short interest ratio.

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. 5.24% of E*TRADE Financial's floating shares are currently sold short.

E*TRADE Financial saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 11,520,000 shares, an increase of 6.7% from the previous total of 10,800,000 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.

E*TRADE Financial currently has issued a total of 221,096,000 shares. Some of E*TRADE Financial'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. E*TRADE Financial currently has a public float of 219,980,000 shares.

5.24% of E*TRADE Financial's shares are currently sold short. Here is how the short interest of companies compare to E*TRADE Financial: TFS Financial Co. (5.62%), Axos Financial, Inc. (12.36%), American Financial Group, Inc. (0.90%), Kinsale Capital Group, Inc. (5.08%), Camden Property Trust (2.66%), Regency Centers Co. (1.45%), East West Bancorp, Inc. (4.53%), Equity LifeStyle Properties, Inc. (1.98%), Zillow Group, Inc. (9.19%), RenaissanceRe Holdings Ltd. (1.81%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.24 billion), Aon plc ($3.67 billion), The Clorox Company ($2.89 billion), The Charles Schwab Co. ($2.79 billion), MercadoLibre, Inc. ($2.26 billion), Analog Devices, Inc. ($2.19 billion), Simon Property Group, Inc. ($2.01 billion), The Kroger Co. ($1.94 billion), Moderna, Inc. ($1.89 billion), and International Flavors & Fragrances Inc. ($1.81 billion). View all of the most shorted stocks.

Short selling ETFC is an investing strategy that aims to generate trading profit from E*TRADE Financial as its price is falling. 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.

A short squeeze for E*TRADE Financial occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ETFC, 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 ETFC, twice per month. The most recent reporting period available is September, 15 2020.