JOANN (JOAN) Short Interest Ratio & Short Volume

Short interest is the volume of JOANN shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 1,660,000 shares of JOAN short. Learn More on JOANN'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. JOAN shares currently have a short interest ratio of 2.0. Learn More on JOANN's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of JOANN: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

JOANN saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 1,660,000 shares, a drop of 25.2% from the previous total of 2,220,000 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.

Here is how the short interest of companies compare to JOANN: MGO Global, Inc. (0.52%), China Jo-Jo Drugstores, Inc. (1.78%), Yoshiharu Global Co. (1.01%), Digital Brands Group, Inc. (2.18%), Express, Inc. (16.70%), TuanChe Limited (6.07%), Onfolio Holdings, Inc. (1.57%), Jowell Global Ltd. (0.04%), The OLB Group, Inc. (0.01%), Gaucho Group Holdings, Inc. (1.91%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Cummins Inc. ($8.93 billion), Canadian Natural Resources Limited ($7.79 billion), Super Micro Computer, Inc. ($4.31 billion), T-Mobile US, Inc. ($4.00 billion), General Motors ($3.36 billion), Occidental Petroleum Co. ($3.10 billion), Charter Communications, Inc. ($2.92 billion), Coinbase Global, Inc. ($2.74 billion), Tractor Supply ($2.72 billion), and Moderna, Inc. ($2.31 billion). View all of the most shorted stocks.

Short selling JOAN is an investing strategy that aims to generate trading profit from JOANN 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 JOANN 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 JOAN, 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 JOAN, twice per month. The most recent reporting period available is March, 15 2024.