Kelly Services (KELYB) Short Interest Ratio & Short Volume

Short interest is the volume of Kelly Services shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 100 shares of KELYB short. 0.06% of Kelly Services' shares are currently sold short. Learn More on Kelly Services' 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. KELYB shares currently have a short interest ratio of 1.0. Learn More on Kelly Services's short interest ratio.

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. 0.06% of Kelly Services' floating shares are currently sold short.

Kelly Services currently has issued a total of 35,290,000 shares. Some of Kelly Services' 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. Kelly Services currently has a public float of 180,400 shares.

0.06% of Kelly Services' shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to Kelly Services: Kelly Services, Inc. (2.50%), Barrett Business Services, Inc. (0.96%), Cross Country Healthcare, Inc. (15.71%), Kforce Inc. (7.14%), TTEC Holdings, Inc. (10.08%), TrueBlue, Inc. (2.97%), Aris Water Solutions, Inc. (3.58%), Veradigm Inc. (6.92%), Nayax Ltd. (0.01%), National Research Co. (1.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling KELYB is an investing strategy that aims to generate trading profit from Kelly Services 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 Kelly Services 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 KELYB, 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 KELYB, twice per month. The most recent reporting period available is March, 31 2024.