Expeditors International of Washington (EXPD) Short Interest Ratio & Short Volume

Short interest is the volume of Expeditors International of Washington shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 6,320,000 shares of EXPD short. 4.38% of Expeditors International of Washington's shares are currently sold short. Learn More on Expeditors International of Washington'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. EXPD shares currently have a short interest ratio of 5.0. Learn More on Expeditors International of Washington's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Expeditors International of Washington: Walleye Trading LLC, Walleye Capital LLC, GTS Securities LLC, Wolverine Trading LLC, PEAK6 Investments LLC, Private Advisor Group LLC, Concourse Financial Group Securities Inc., and SpiderRock Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 4.38% of Expeditors International of Washington's floating shares are currently sold short.

Expeditors International of Washington saw a decline in short interest in November. As of November 15th, there was short interest totaling 6,320,000 shares, a decline of 2.5% from the previous total of 6,480,000 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.

Expeditors International of Washington currently has issued a total of 145,389,000 shares. Some of Expeditors International of Washington'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. Expeditors International of Washington currently has a public float of 144,430,000 shares.

4.38% of Expeditors International of Washington's shares are currently sold short. Here is how the short interest of companies compare to Expeditors International of Washington: Southwest Airlines Co. (4.05%), ZTO Express (Cayman) Inc. (3.35%), United Airlines Holdings, Inc. (5.92%), Saia, Inc. (6.52%), Delta Air Lines, Inc. (2.54%), TFI International Inc. (0.73%), C.H. Robinson Worldwide, Inc. (9.61%), XPO, Inc. (6.29%), Knight-Swift Transportation Holdings Inc. (2.31%), American Airlines Group Inc. (11.26%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling EXPD is an investing strategy that aims to generate trading profit from Expeditors International of Washington as its price is falling. EXPD shares are trading down $0.42 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.

A short squeeze for Expeditors International of Washington 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 EXPD, 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 EXPD, twice per month. The most recent reporting period available is November, 15 2023.