MongoDB Short Interest Ratio and Short Volume

-14.93 (-4.73 %)
(As of 04/19/2021 05:21 PM ET)
Today's Range
Now: $300.92
50-Day Range
MA: $309.83
52-Week Range
Now: $300.92
Volume690,596 shs
Average Volume878,563 shs
Market Capitalization$18.41 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

MongoDB (NASDAQ:MDB) Short Interest Data

Current Short Volume5,400,000 shares
Previous Short Volume5,830,000 shares
Change Vs. Previous Month:-7.38%
Dollar Volume Sold Short$1.64 billion
Short Interest Ratio / Days to Cover6.0
Last Record DateMarch, 31 2021
Outstanding Shares41,960,000 shares
Percentage of Shares Shorted8.83%
Today's Trading Volume690,596 shares
Average Trading Volume878,563 shares
Today's Volume Vs. Average-21.39%

Short Interest Over Time

MongoDB (NASDAQ:MDB) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20215,400,000 shares $1.64 billion -7.4%N/A6 $304.21
3/15/20215,830,000 shares $1.55 billion +4.9%N/A7.2 $265.77
2/26/20215,560,000 shares $1.64 billion -4.6%N/A6.1 $294.45
2/12/20215,830,000 shares $2.25 billion -5.7%N/A6.8 $385.93
1/29/20216,180,000 shares $2.58 billion +4.8%N/A7.2 $417.34
1/15/20215,900,000 shares $2.19 billion +3.5%N/A6.9 $371.00
12/31/20208,210,000 shares $2.97 billion +1.7%N/A9.6 $361.46
12/15/20208,210,000 shares $2.92 billion +1.7%N/A9.6 $355.56
11/30/20208,070,000 shares $3.04 billion -1.2%N/A10.7 $376.87
11/15/20208,170,000 shares $2.35 billion +1.5%N/A10 $287.31
10/30/20208,050,000 shares $1.99 billion -3.7%N/A10 $246.86
10/15/20208,360,000 shares $2.04 billion +0.1%N/A9.8 $244.01
9/30/20208,350,000 shares $2.24 billion +1.1%N/A9.6 $268.13
9/15/20208,260,000 shares $1.93 billion -1.0%N/A9.2 $233.18
8/31/20208,340,000 shares $1.76 billion +4.5%N/A8.8 $211.26
8/14/20207,980,000 shares $2.00 billion +1.4%N/A8.3 $250.72
7/31/20207,870,000 shares $1.60 billion -2.2%N/A7.6 $202.79
7/15/20208,050,000 shares $1.84 billion +1.8%N/A7.9 $229.08
6/30/20207,910,000 shares $1.62 billion -3.9%N/A7.5 $204.64
6/15/20208,230,000 shares $1.89 billion -5.0%N/A7.5 $229.20
5/29/20208,660,000 shares $1.89 billion -5.9%N/A7 $217.84
5/15/20209,200,000 shares $2.14 billion +1.9%N/A7.6 $232.11
4/30/20209,030,000 shares $1.91 billion +6.0%N/A7.4 $211.89
4/15/20208,520,000 shares $1.60 billion +1.1%N/A6.8 $187.44
3/31/20208,430,000 shares $1.35 billion -0.9%N/A6.1 $159.94

MongoDB (NASDAQ:MDB) Short Interest FAQ

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What is MongoDB's current short interest?

Short interest is the volume of MongoDB shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 5,400,000 shares of MDB short.

What is a good short interest ratio for MongoDB?

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. MongoDB currently has a short interest ratio of 6.0.

Is MongoDB's short interest increasing or decreasing?

MongoDB saw a decline in short interest in March. As of March 31st, there was short interest totaling 5,400,000 shares, a decline of 7.4% from the previous total of 5,830,000 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.

How does MongoDB's short interest compare to its competitors?

0.00% of MongoDB's shares are currently sold short. Here is how the short interest of companies in the industry of "prepackaged software" compare to MongoDB: VMware, Inc. (14.22%), Snowflake Inc. (3.50%), Autodesk, Inc. (0.98%), Twilio Inc. (0.00%), Dassault Systèmes SE (0.00%), CrowdStrike Holdings, Inc. (0.00%), DocuSign, Inc. (2.97%), Veeva Systems Inc. (0.00%), Cadence Design Systems, Inc. (1.52%), and Palantir Technologies Inc. (4.28%).

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 MongoDB stock?

Short selling MDB is an investing strategy that aims to generate trading profit from MongoDB as its price is falling. MongoDB's stock is trading down $14.93 today. To short MongoDB 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 MongoDB 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 MongoDB?

A short squeeze for MongoDB 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 MDB, which in turn drives the price of the stock up even further.

How often is MongoDB'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 MDB, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/19/2021 by Staff
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