Illumina Short Interest Ratio and Short Volume

-0.37 (-0.09 %)
(As of 04/9/2021 12:00 AM ET)
Today's Range
Now: $403.37
50-Day Range
MA: $417.63
52-Week Range
Now: $403.37
Volume662,140 shs
Average Volume1.23 million shs
Market Capitalization$58.85 billion
P/E Ratio93.59
Dividend YieldN/A

Short Interest

Illumina (NASDAQ:ILMN) Short Interest Data

Current Short Volume3,260,000 shares
Previous Short Volume3,390,000 shares
Change Vs. Previous Month:-3.83%
Dollar Volume Sold Short$1.31 billion
Short Interest Ratio / Days to Cover3.0
Last Record DateMarch, 15 2021
Outstanding Shares147,000,000 shares
Float Size145,370,000 shares
Short Percent of Float2.24%
Today's Trading Volume662,140 shares
Average Trading Volume1,228,311 shares
Today's Volume Vs. Average-46.09%

Short Interest Over Time

Illumina (NASDAQ:ILMN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/15/20213,260,000 shares $1.31 billion -3.8%2.2%3 $401.46
2/26/20213,390,000 shares $1.35 billion -10.6%2.3%3 $399.45
2/12/20213,790,000 shares $1.67 billion -8.7%2.6%3.4 $439.41
1/29/20214,150,000 shares $1.87 billion -19.1%2.9%3.7 $450.00
1/15/20215,130,000 shares $2.25 billion +3.0%3.5%4.4 $438.22
12/31/20205,220,000 shares $1.94 billion +7.4%3.6%4 $372.48
12/15/20205,220,000 shares $1.96 billion +7.4%3.6%4 $374.90
11/30/20204,860,000 shares $1.78 billion +10.0%3.3%3 $366.06
11/15/20204,420,000 shares $1.42 billion +8.9%3.0%2.9 $322.09
10/30/20204,060,000 shares $1.25 billion -15.8%2.8%2.8 $308.86
10/15/20204,820,000 shares $1.55 billion +23.3%3.3%3.4 $321.74
9/30/20203,910,000 shares $1.35 billion -3.0%2.7%2.8 $345.14
9/15/20204,030,000 shares $1.21 billion +3.1%2.8%3.3 $299.89
8/31/20203,910,000 shares $1.36 billion +10.5%2.7%4.5 $346.81
8/14/20203,540,000 shares $1.23 billion +1.7%2.4%3.9 $347.84
7/31/20203,480,000 shares $1.22 billion +5.5%2.4%3.6 $351.79
7/15/20203,300,000 shares $1.26 billion -4.9%2.3%3.6 $382.16
6/30/20203,470,000 shares $1.33 billion +12.3%2.4%3.5 $382.25
6/15/20203,090,000 shares $1.14 billion +4.4%2.1%2.8 $368.69
5/29/20202,960,000 shares $1.06 billion -2.6%2.0%2.3 $358.94
5/15/20203,040,000 shares $1.10 billion -7.3%2.1%2.2 $363.05
4/30/20203,280,000 shares $1.19 billion No Change2.2%2.3 $363.82
4/15/20203,280,000 shares $1.05 billion +21.9%2.2%2.2 $320.31
3/31/20202,690,000 shares $831.40 million -21.0%1.8%1.8 $309.07
3/13/20203,403,900 shares $979.03 million -0.8%2.3%2.5 $287.62

Illumina (NASDAQ:ILMN) Short Interest FAQ

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What is Illumina's current short interest?

Short interest is the volume of Illumina shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 3,260,000 shares of ILMN short. 2.24% of Illumina's shares are currently sold short. View details.

What is a good short interest ratio for Illumina?

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. Illumina currently has a short interest ratio of 3.0.

What is a good short interest percentage for Illumina?

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. 2.24% of Illumina's floating shares are currently sold short.

Is Illumina's short interest increasing or decreasing?

Illumina saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 3,260,000 shares, a drop of 3.8% from the previous total of 3,390,000 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 Illumina's float size?

Illumina currently has issued a total of 145,900,000 shares. Some of Illumina'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. Illumina currently has a public float of 145,370,000 shares.

How does Illumina's short interest compare to its competitors?

2.24% of Illumina's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "life sciences tools & services" compare to Illumina: Thermo Fisher Scientific Inc. (0.80%), Agilent Technologies, Inc. (0.96%), Mettler-Toledo International Inc. (1.96%), Waters Co. (1.97%), Bio-Rad Laboratories, Inc. (2.62%), Bio-Techne Co. (0.00%), Charles River Laboratories International, Inc. (0.00%), PerkinElmer, Inc. (0.00%), Bruker Co. (1.70%), and Pacific Biosciences of California, 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: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

What does it mean to sell short Illumina stock?

Short selling ILMN is an investing strategy that aims to generate trading profit from Illumina as its price is falling. Illumina's stock is trading down $0.37 today. To short Illumina 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 Illumina 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 Illumina?

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

How often is Illumina'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 ILMN, twice per month. The most recent reporting period available is March, 15 2021.

This page was last updated on 4/11/2021 by Staff
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