Logitech International Short Interest Ratio and Short Volume

+1.35 (+1.25 %)
(As of 04/13/2021 04:50 PM ET)
Today's Range
Now: $109.49
50-Day Range
MA: $103.88
52-Week Range
Now: $109.49
Volume521,173 shs
Average Volume917,423 shs
Market Capitalization$18.28 billion
P/E Ratio27.86
Dividend YieldN/A

Short Interest

Logitech International (NASDAQ:LOGI) Short Interest Data

Current Short Volume12,110,000 shares
Previous Short Volume13,880,000 shares
Change Vs. Previous Month:-12.75%
Dollar Volume Sold Short$1.31 billion
Short Interest Ratio / Days to Cover13.1
Last Record DateMarch, 31 2021
Outstanding Shares166,980,000 shares
Float Size162,790,000 shares
Short Percent of Float7.44%
Today's Trading Volume521,173 shares
Average Trading Volume917,423 shares
Today's Volume Vs. Average-43.19%

Short Interest Over Time

Logitech International (NASDAQ:LOGI) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202112,110,000 shares $1.31 billion -12.8%7.4%13.1 $108.14
3/15/202113,880,000 shares $1.44 billion +30.1%8.5%14.9 $103.99
2/26/202110,670,000 shares $1.02 billion +9.3%6.6%11.9 $95.79
2/12/20219,760,000 shares $1.05 billion -5.3%6.0%12.3 $108.04
1/29/202110,310,000 shares $1.19 billion +5.7%6.3%11.4 $115.80
1/15/20219,750,000 shares $1.05 billion No Change6.0%10.9 $107.18
1/31/20202,410,000 shares $110.38 million +9.6%1.5%15.5 $45.80
1/15/20202,410,000 shares $110.31 million +9.6%1.5%15.5 $45.77
12/31/20192,200,000 shares $105.89 million +14.6%1.4%14.9 $48.13

Logitech International (NASDAQ:LOGI) Short Interest FAQ

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What is Logitech International's current short interest?

Short interest is the volume of Logitech International shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 12,110,000 shares of LOGI short. 7.44% of Logitech International's shares are currently sold short. View details.

What is a good short interest ratio for Logitech International?

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. Logitech International currently has a short interest ratio of 13.0.

What is a good short interest percentage for Logitech International?

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. 7.44% of Logitech International's floating shares are currently sold short.

Is Logitech International's short interest increasing or decreasing?

Logitech International saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 12,110,000 shares, a decline of 12.8% from the previous total of 13,880,000 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 Logitech International's float size?

Logitech International currently has issued a total of 166,980,000 shares. Some of Logitech International'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. Logitech International currently has a public float of 162,790,000 shares.

How does Logitech International's short interest compare to its competitors?

7.44% of Logitech International's shares are currently sold short. Here is how the short interest of companies in the industry of "computer peripheral equipment, not elsewhere classified" compare to Logitech International: Palo Alto Networks, Inc. (5.49%), Fortinet, Inc. (2.92%), Seiko Epson Co. (0.00%), FireEye, Inc. (0.00%), Xerox Holdings Co. (2.45%), Corsair Gaming, Inc. (21.95%), Stratasys Ltd. (0.00%), Digital China Holdings Limited (0.00%), Mitek Systems, Inc. (0.00%), and Immersion Co. (3.52%).

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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Logitech International stock?

Short selling LOGI is an investing strategy that aims to generate trading profit from Logitech International as its price is falling. Logitech International's stock is trading up $1.35 today. To short Logitech International 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 Logitech International 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 Logitech International?

A short squeeze for Logitech International 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 LOGI, which in turn drives the price of the stock up even further.

How often is Logitech International'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 LOGI, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/13/2021 by Staff
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