IDEXX Laboratories (IDXX) Short Interest Ratio & Short Volume

Short interest is the volume of IDEXX Laboratories shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 2,750,000 shares of IDXX short. 3.35% of IDEXX Laboratories' shares are currently sold short. Learn More on IDEXX Laboratories' 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. IDXX shares currently have a short interest ratio of 6.0. Learn More on IDEXX Laboratories's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of IDEXX Laboratories: Walleye Trading LLC, Walleye Capital LLC, Wolverine Trading LLC, PEAK6 Investments LLC, Maven Securities LTD, Group One Trading L.P., Gratus Capital 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. 3.35% of IDEXX Laboratories' floating shares are currently sold short.

IDEXX Laboratories currently has issued a total of 83,050,000 shares. Some of IDEXX Laboratories' 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. IDEXX Laboratories currently has a public float of 82,190,000 shares.

3.35% of IDEXX Laboratories' shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to IDEXX Laboratories: Centene Co. (1.29%), Cencora, Inc. (4.16%), Seagen Inc. (5.55%), Edwards Lifesciences Co. (1.92%), Haleon plc (0.46%), IQVIA Holdings Inc. (1.68%), DexCom, Inc. (5.45%), Alcon Inc. (0.49%), Takeda Pharmaceutical Company Limited (0.28%), GE HealthCare Technologies Inc. (3.68%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($9.07 billion), T-Mobile US, Inc. ($3.71 billion), Charter Communications, Inc. ($3.51 billion), Occidental Petroleum Co. ($2.81 billion), Lululemon Athletica Inc. ($2.35 billion), Tractor Supply ($2.26 billion), Coinbase Global, Inc. ($1.88 billion), Rivian Automotive, Inc. ($1.71 billion), Celsius Holdings, Inc. ($1.67 billion), and Newmont Co. ($1.66 billion). View all of the most shorted stocks.

Short selling IDXX is an investing strategy that aims to generate trading profit from IDEXX Laboratories as its price is falling. IDXX shares are trading up $1.45 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 IDEXX Laboratories 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 IDXX, 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 IDXX, twice per month. The most recent reporting period available is October, 31 2023.