Formula One Group Short Interest Ratio and Short Volume

+0.24 (+0.54 %)
(As of 04/16/2021 04:00 PM ET)
Today's Range
Now: $44.99
50-Day Range
MA: $44.98
52-Week Range
Now: $44.99
Volume344,432 shs
Average Volume1.00 million shs
Market Capitalization$10.43 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Formula One Group (NASDAQ:FWONK) Short Interest Data

Current Short Volume8,880,000 shares
Previous Short Volume9,460,000 shares
Change Vs. Previous Month:-6.13%
Dollar Volume Sold Short$393.21 million
Short Interest Ratio / Days to Cover8.8
Last Record DateMarch, 31 2021
Outstanding Shares202,890,000 shares
Float Size191,810,000 shares
Short Percent of Float4.63%
Today's Trading Volume344,432 shares
Average Trading Volume1,001,915 shares
Today's Volume Vs. Average-65.62%

Short Interest Over Time

Formula One Group (NASDAQ:FWONK) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20218,880,000 shares $393.21 million -6.1%4.6%8.8 $44.28
3/15/20219,460,000 shares $408.29 million +19.9%4.9%9.4 $43.16
2/26/20217,890,000 shares $361.99 million +11.3%4.1%8.2 $45.88
2/12/20217,090,000 shares $311.25 million +2.2%3.7%7.3 $43.90
1/29/20216,940,000 shares $314.73 million -6.0%3.6%7.3 $45.35
1/15/20217,380,000 shares $301.69 million -7.5%3.8%8.2 $40.88
12/31/20207,450,000 shares $300.83 million -18.4%3.9%8.9 $40.38
12/15/20207,450,000 shares $303.51 million -18.4%3.9%8.9 $40.74
11/30/20209,130,000 shares $380.36 million +25.9%4.8%11 $41.66
11/15/20207,250,000 shares $302.91 million -0.6%3.8%8.8 $41.78
10/30/20207,290,000 shares $303.34 million -0.7%3.7%9 $41.61
10/15/20207,340,000 shares $264.24 million -1.2%3.7%9 $36.00
9/30/20207,430,000 shares $273.65 million -12.7%3.8%8.1 $36.83
9/15/20208,510,000 shares $300.66 million -5.3%4.3%8 $35.33
8/31/20208,990,000 shares $326.16 million +0.3%4.6%7.7 $36.28
8/14/20208,960,000 shares $346.66 million -5.4%4.5%6.9 $38.69
7/31/20209,470,000 shares $352.66 million -0.2%4.8%6.8 $37.24
7/15/20209,490,000 shares $336.33 million +12.3%4.8%5.6 $35.44
6/30/20208,450,000 shares $296.43 million +36.1%4.3%4.3 $35.08
6/15/20206,210,000 shares $203.32 million -8.5%3.2%3 $32.74
5/29/20206,790,000 shares $214.22 million -10.4%3.4%2.8 $31.55
5/15/20207,580,000 shares $262.65 million +21.9%3.8%3.1 $34.65
4/30/20206,220,000 shares $217.58 million +1.1%3.2%2.7 $34.98
4/15/20206,150,000 shares $183.89 million No Change3.1%2.8 $29.90
3/31/20206,150,000 shares $168.76 million +24.9%3.1%3.3 $27.44

Formula One Group (NASDAQ:FWONK) Short Interest FAQ

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What is Formula One Group's current short interest?

Short interest is the volume of Formula One Group shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 8,880,000 shares of FWONK short. 4.63% of Formula One Group's shares are currently sold short. View details.

What is a good short interest ratio for Formula One 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. Formula One Group currently has a short interest ratio of 9.0.

What is a good short interest percentage for Formula One 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. 4.63% of Formula One Group's floating shares are currently sold short.

Is Formula One Group's short interest increasing or decreasing?

Formula One Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 8,880,000 shares, a decrease of 6.1% from the previous total of 9,460,000 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 Formula One Group's float size?

Formula One Group currently has issued a total of 231,821,000 shares. Some of Formula One 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. Formula One Group currently has a public float of 191,810,000 shares.

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

4.63% of Formula One Group's shares are currently sold short. Here is how the short interest of companies in the industry of "television broadcasting stations" compare to Formula One Group: ViacomCBS Inc. (1.58%), ViacomCBS Inc. (17.96%), Fox Co. (4.24%), Fox Co. (1.55%), Formula One Group (4.10%), Formula One Group (0.00%), Grupo Televisa, S.A.B. (0.00%), Nexstar Media Group, Inc. (4.35%), ProSiebenSat.1 Media SE (0.00%), and TEGNA 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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Formula One Group stock?

Short selling FWONK is an investing strategy that aims to generate trading profit from Formula One Group as its price is falling. Formula One Group's stock is trading up $0.24 today. To short Formula One 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 Formula One 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 Formula One Group?

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

How often is Formula One 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 FWONK, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/18/2021 by Staff
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