Lyft (LYFT) Short Interest Ratio & Short Volume

Short interest is the volume of Lyft shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 55,170,000 shares of LYFT short. Learn More on Lyft'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. LYFT shares currently have a short interest ratio of 4.0. Learn More on Lyft's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Lyft: Walleye Trading LLC, Walleye Capital LLC, GTS Securities LLC, Wolverine Trading LLC, Royal Bank of Canada, JPMorgan Chase & Co., Capital Markets Trading UK LLP, Soros Fund Management LLC, Marathon Trading Investment Management LLC, PEAK6 Investments LLC, Hsbc Holdings PLC, Wolverine Asset Management LLC, HAP Trading LLC, Group One Trading L.P., Citigroup Inc., UBS Group AG, Cutler Group LLC CA, Concourse Financial Group Securities Inc., and National Bank of Canada FI. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Lyft saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 55,170,000 shares, a decline of 4.2% from the previous total of 57,580,000 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 in the sector of "computer and technology" compare to Lyft: Alight, Inc. (6.25%), Getty Images Holdings, Inc. (1.52%), Etsy, Inc. (12.29%), Zillow Group, Inc. (3.31%), Akamai Technologies, Inc. (6.80%), Pegasystems Inc. (2.43%), MakeMyTrip Limited (5.21%), DXC Technology (5.58%), Varonis Systems, Inc. (5.92%), Wolfspeed, Inc. (14.63%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling LYFT is an investing strategy that aims to generate trading profit from Lyft as its price is falling. LYFT shares are trading up $1.41 today. 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 Lyft 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 LYFT, 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 LYFT, twice per month. The most recent reporting period available is November, 15 2023.