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Lincoln Electric Short Interest Ratio and Short Volume

+0.84 (+0.64 %)
(As of 05/14/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume157,014 shs
Average Volume241,770 shs
Market Capitalization$7.88 billion
P/E Ratio39.37
Dividend Yield1.55%

Short Interest

Lincoln Electric (NASDAQ:LECO) Short Interest Data

Current Short Volume769,300 shares
Previous Short Volume999,800 shares
Change Vs. Previous Month-23.05%
Dollar Volume Sold Short$94.30 million
Short Interest Ratio / Days to Cover3.2
Last Record DateApril, 15 2021
Outstanding Shares59,538,000 shares
Float Size56,680,000 shares
Short Percent of Float1.36%
Today's Trading Volume157,014 shares
Average Trading Volume241,770 shares
Today's Volume Vs. Average-35.06%

Short Interest Over Time

Lincoln Electric (NASDAQ:LECO) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021769,300 shares $94.30 million -23.1%1.4%3.2 $122.58
3/31/2021999,800 shares $124.15 million +19.9%1.8%4.1 $124.17
3/15/2021834,100 shares $103.04 million +17.0%1.5%3.4 $123.54
2/26/2021713,100 shares $83.88 million -6.3%1.3%2.9 $117.63
2/12/2021761,300 shares $88.58 million +6.7%1.4%3.1 $116.36
1/29/2021713,800 shares $83.67 million -31.4%1.3%2.9 $117.22
1/15/20211,040,000 shares $123.21 million No Change1.8%4 $118.47
1/31/20201,430,000 shares $127.53 million -11.2%2.4%4.9 $89.18
1/15/20201,430,000 shares $137.12 million -11.2%2.4%4.9 $95.89
12/31/20191,610,000 shares $155.74 million +11.8%2.7%5.5 $96.73
8/15/20192,312,300 shares $186.39 million -7.0%4.0%5.8 $80.61

Lincoln Electric (NASDAQ:LECO) Short Interest FAQ

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What is Lincoln Electric's current short interest?

Short interest is the volume of Lincoln Electric shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 769,300 shares of LECO short. 1.36% of Lincoln Electric's shares are currently sold short. View details.

What is a good short interest ratio for Lincoln Electric?

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. Lincoln Electric currently has a short interest ratio of 3.0.

What is a good short interest percentage for Lincoln Electric?

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. 1.36% of Lincoln Electric's floating shares are currently sold short.

Is Lincoln Electric's short interest increasing or decreasing?

Lincoln Electric saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 769,300 shares, a decrease of 23.1% from the previous total of 999,800 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 Lincoln Electric's float size?

Lincoln Electric currently has issued a total of 59,538,000 shares. Some of Lincoln Electric'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. Lincoln Electric currently has a public float of 56,680,000 shares.

How does Lincoln Electric's short interest compare to its competitors?

1.36% of Lincoln Electric's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "industrial machinery" compare to Lincoln Electric: Illinois Tool Works Inc. (1.24%), Parker-Hannifin Co. (0.00%), Stanley Black & Decker, Inc. (0.00%), Dover Co. (0.95%), Xylem Inc. (1.76%), Ingersoll Rand Inc. (0.00%), IDEX Co. (1.49%), Snap-on Incorporated (5.01%), Graco Inc. (0.00%), and Nordson Co. (0.67%).

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. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Lincoln Electric stock?

Short selling LECO is an investing strategy that aims to generate trading profit from Lincoln Electric as its price is falling. Lincoln Electric's stock is trading up $0.84 today. To short Lincoln Electric 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 Lincoln Electric 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 Lincoln Electric?

A short squeeze for Lincoln Electric 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 LECO, which in turn drives the price of the stock up even further.

How often is Lincoln Electric'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 LECO, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/15/2021 by Staff
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