MDC Partners Short Interest Ratio and Short Volume

Short interest is the volume of MDC Partners shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 278,000 shares of MDCA short. 0.49% of MDC Partners' shares are currently sold short. View details.

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. MDC Partners currently has a short interest ratio of 2.0.

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. 0.49% of MDC Partners' floating shares are currently sold short.

MDC Partners saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 278,000 shares, a decrease of 7.9% from the previous total of 301,700 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.

MDC Partners currently has issued a total of 73,726,000 shares. Some of MDC Partners' 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. MDC Partners currently has a public float of 56,840,000 shares.

0.49% of MDC Partners' shares are currently sold short. Here is how the short interest of companies in the industry of "advertising agencies" compare to MDC Partners: Omnicom Group Inc. (4.14%), WPP plc (0.12%), Publicis Groupe S.A. (0.00%), The Interpublic Group of Companies, Inc. (0.00%), Criteo S.A. (4.94%), Groupon, Inc. (12.78%), SRAX, Inc. (0.00%), AirNet Technology Inc. (0.00%), Global Trac Solutions Inc. (0.00%), and InnerScope Hearing Technologies, Inc. (0.00%).

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.

Short selling MDCA is an investing strategy that aims to generate trading profit from MDC Partners as its price is falling. MDC Partners' stock is trading down $0.26 today. To short MDC Partners 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 MDC Partners 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 MDC Partners 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 MDCA, 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 MDCA, twice per month. The most recent reporting period available is March, 31 2021.