Free Trial
→ My big AI project… (From Brownstone Research) (Ad) Free MGRC Stock Alerts

McGrath RentCorp (MGRC) Short Interest Ratio & Short Volume

$102.19
-0.72 (-0.70%)
(As of 09/17/2024 ET)
Compare

McGrath RentCorp Short Interest Data

McGrath RentCorp (MGRC) has a short interest of 774,800 shares, representing 3.21% of the float (the number of shares available for trading by the public). This marks a 9.76% increase in short interest from the previous month. The short interest ratio (days to cover) is 6.1, indicating that it would take 6.1 days of the average trading volume of 205,882 shares to cover all short positions.

Current Short Interest
774,800 shares
Previous Short Interest
705,900 shares
Change Vs. Previous Month
+9.76%
Dollar Volume Sold Short
$83.79 million
Short Interest Ratio
6.1 Days to Cover
Last Record Date
August 31, 2024
Outstanding Shares
24,549,000 shares
Float Size
24,140,000 shares
Short Percent of Float
3.21%
Today's Trading Volume
59,385 shares
Average Trading Volume
205,882 shares
Today's Volume Vs. Average
29%
Short Selling McGrath RentCorp?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for McGrath RentCorp and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History
Short Interest ChartDays to Cover ChartShort Percent of Float Chart

MGRC Short Interest Over Time

MGRC Days to Cover Over Time

MGRC Percentage of Float Shorted Over Time

McGrath RentCorp Short Interest History

Export to Excel
Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/2024774,800 shares $83.79 million +9.8%3.2%6.1 $108.15
8/15/2024705,900 shares $74.61 million -8.0%2.9%5.5 $105.70
7/31/2024767,500 shares $84.29 million +47.5%3.2%5.8 $109.83
7/15/2024520,500 shares $57.68 million -9.8%2.2%4.2 $110.81
6/30/2024576,800 shares $61.46 million -37.7%2.4%4.5 $106.55
6/15/2024925,400 shares $96.81 million -28.3%3.8%6.3 $104.61
5/31/20241,290,000 shares $140.58 million -7.9%5.3%7.7 $108.98
5/15/20241,400,000 shares $152.42 million -0.7%5.8%6.9 $108.87
4/30/20241,410,000 shares $150.39 million +16.5%5.8%5 $106.66
4/15/20241,210,000 shares $136.73 million -34.6%5.0%3.3 $113.00
3/31/20241,850,000 shares $228.23 million -18.1%7.7%5.3 $123.37
3/15/20242,260,000 shares $269.91 million +22.8%9.4%7 $119.43
2/29/20241,840,000 shares $229.04 million +25.2%7.6%6 $124.48
2/15/20241,470,000 shares $189.10 million +236.1%N/A5.3 $128.64
1/31/2024437,400 shares $54.96 million +15.4%N/A2.1 $125.65
1/15/2024379,000 shares $41.65 million +145.3%N/A3.4 $109.90
12/31/2023154,500 shares $18.48 million -4.3%N/A1.4 $119.62
12/15/2023161,500 shares $18.65 million +43.3%N/A1.6 $115.50
11/30/2023112,700 shares $11.46 million -13.6%N/A1.2 $101.69
11/15/2023130,400 shares $13.39 million -0.4%N/A1.4 $102.72
10/31/2023130,900 shares $13.17 million -21.9%N/A1.4 $100.60
10/15/2023167,700 shares $17.25 million -19.0%N/A2 $102.84
9/30/2023207,100 shares $20.76 million +15.4%N/A2.4 $100.24
9/15/2023179,400 shares $17.98 million +4.0%N/A2.1 $100.21
8/31/2023172,500 shares $17.44 million -18.4%N/A1.9 $101.10
8/15/2023211,500 shares $21.46 million +14.8%N/A2.2 $101.45
7/31/2023184,300 shares $17.76 million +13.3%0.8%1.8 $96.38
7/15/2023162,700 shares $15.05 million -12.7%0.7%1.5 $92.53
6/30/2023186,300 shares $17.23 million -23.1%0.8%1.7 $92.48
6/15/2023242,200 shares $23.52 million -11.1%1.0%2.1 $97.09
5/31/2023272,500 shares $24.20 million -8.2%1.1%2 $88.81
5/15/2023296,700 shares $27.01 million +28.8%1.2%2 $91.02
4/30/2023230,300 shares $20.47 million +3.7%1.0%1.5 $88.88
4/15/2023222,000 shares $20.14 million +0.9%0.9%1.5 $90.72
3/31/2023220,000 shares $20.53 million -25.0%0.9%1.4 $93.31
3/15/2023293,400 shares $27.68 million -14.7%1.2%2 $94.33
2/28/2023343,900 shares $35.37 million +9.7%1.4%2.8 $102.84
2/15/2023313,600 shares $33.25 million +59.1%1.3%2.8 $106.03
1/31/2023197,100 shares $19.62 million +20.8%0.8%1.8 $99.54
1/15/2023163,200 shares $16.44 million +0.7%0.7%1.5 $100.74
Is A Starlink IPO Coming In 2024? (Ad)

He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000! And now, Elon could be set to do it for the third and final time… with what might be his biggest breakthrough yet. And for the first time ever, you have the rare chance to profit BEFORE the upcoming IPO.

Click here now for the urgent details on this hidden play.
12/30/2022162,100 shares $16.01 million -2.2%0.7%1.6 $98.74
12/15/2022165,800 shares $16.30 million +0.2%0.7%1.7 $98.31
11/30/2022165,400 shares $16.23 million -1.7%0.7%1.8 $98.12
11/15/2022168,300 shares $16.55 million -20.8%0.7%1.9 $98.34
10/31/2022212,600 shares $20.00 million -33.3%0.9%2.7 $94.05
10/15/2022318,500 shares $26.64 million +4.8%1.3%4.7 $83.65
9/30/2022304,000 shares $25.49 million +5.3%1.3%4.6 $83.86
9/15/2022288,800 shares $24.61 million +2.7%1.2%4 $85.20
8/31/2022281,200 shares $23.77 million -8.1%1.2%3.8 $84.52
8/15/2022306,000 shares $27.15 million -1.8%1.3%4.3 $88.71
7/31/2022311,500 shares $26.28 million +3.2%1.3%4 $84.36
7/15/2022302,000 shares $23.27 million +8.9%1.3%3.7 $77.04
6/30/2022277,300 shares $21.07 million -17.1%1.2%3.4 $76.00
6/15/2022334,600 shares $25.97 million +18.7%1.4%4 $77.62
5/31/2022281,800 shares $23.17 million +5.4%1.2%3.4 $82.21
5/15/2022267,500 shares $21.90 million +4.3%1.1%3 $81.86
4/30/2022256,600 shares $21.42 million +15.1%1.1%2.9 $83.46
4/15/2022222,900 shares $18.86 million -2.2%0.9%2.4 $84.63
3/31/2022227,800 shares $19.36 million -30.2%1.0%2.6 $84.98
3/15/2022326,400 shares $27.75 million +24.7%1.4%3.8 $85.03
2/28/2022261,700 shares $21.27 million +14.6%1.1%2.9 $81.28
2/15/2022228,400 shares $17.36 million +13.6%1.0%2.6 $76.01
1/31/2022201,000 shares $15.32 million +56.4%0.8%2.4 $76.21
1/15/2022128,500 shares $10.05 million -9.5%0.5%1.5 $78.19
12/31/2021142,000 shares $11.40 million -39.2%0.6%1.8 $80.26
12/15/2021233,400 shares $17.45 million -18.0%1.0%2.8 $74.76
11/30/2021284,500 shares $21.99 million -13.1%1.2%3.4 $77.30
11/15/2021327,300 shares $26.19 million +3.3%1.4%4.2 $80.01
10/29/2021316,900 shares $22.86 million +12.2%1.3%3.7 $72.14
10/15/2021282,500 shares $21.41 million +3.6%1.2%3.3 $75.79
9/30/2021272,700 shares $19.62 million +0.3%1.1%3.1 $71.95
9/15/2021271,800 shares $18.88 million +12.4%1.1%2.7 $69.46
8/31/2021241,800 shares $16.87 million +11.7%1.0%2.2 $69.78
8/13/2021216,400 shares $15.19 million +12.7%0.9%2 $70.21
7/30/2021192,000 shares $15.06 million -9.0%0.8%1.8 $78.42
7/15/2021210,900 shares $16.41 million +6.4%0.9%2.1 $77.83
6/30/2021198,200 shares $16.17 million -28.2%0.8%2.1 $81.57
6/15/2021276,000 shares $23.57 million -1.5%1.2%3.3 $85.40
5/28/2021280,100 shares $24.01 million +12.9%1.2%3.5 $85.73
5/14/2021248,100 shares $20.37 million +7.1%1.0%2.9 $82.12
4/30/2021231,600 shares $19.05 million +19.8%1.0%2.7 $82.26
4/15/2021193,300 shares $15.67 million -16.0%0.8%2.1 $81.04
3/31/2021230,100 shares $18.69 million -3.8%1.0%2.4 $81.23
3/15/2021239,200 shares $19.38 million -13.2%1.0%2.2 $81.02
2/26/2021275,600 shares $21.48 million -8.3%1.2%2.8 $77.95
2/12/2021300,400 shares $24.04 million +14.8%1.3%3.2 $80.01
1/29/2021261,700 shares $18.48 million +4.1%1.1%2.9 $70.62
1/15/2021251,500 shares $18.27 million -25.9%1.1%2.8 $72.65
12/31/2020339,200 shares $22.36 million +56.4%1.4%4.1 $65.91
12/15/2020216,900 shares $13.66 million +1.7%0.9%2.6 $62.96
Is A Starlink IPO Coming In 2024? (Ad)

He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000! And now, Elon could be set to do it for the third and final time… with what might be his biggest breakthrough yet. And for the first time ever, you have the rare chance to profit BEFORE the upcoming IPO.

Click here now for the urgent details on this hidden play.
11/30/2020213,300 shares $13.83 million +16.4%0.9%2.7 $64.86
11/15/2020183,200 shares $11.47 million -0.7%0.8%2.1 $62.63
10/30/2020184,500 shares $10.77 million -8.5%0.8%2 $58.37
10/15/2020201,600 shares $13.09 million +11.1%0.9%2 $64.94
9/30/2020181,400 shares $10.81 million -30.8%0.8%1.7 $59.59
9/15/2020262,000 shares $15.84 million +0.0%1.1%2.4 $60.46
8/31/2020261,900 shares $17.38 million -15.5%1.1%2.4 $66.36
8/14/2020309,800 shares $20.90 million +22.4%1.3%2.8 $67.47
7/31/2020253,100 shares $14.68 million +0.2%1.1%2.2 $58.02
7/15/2020252,500 shares $13.43 million +16.3%1.1%2.1 $53.19
6/30/2020217,200 shares $11.66 million +24.7%0.9%1.7 $53.67
6/15/2020174,200 shares $9.56 million +4.5%0.7%1.3 $54.89
5/29/2020166,700 shares $9.69 million -5.3%0.7%1.1 $58.14
5/15/2020176,100 shares $8.81 million -10.6%0.7%1.1 $50.01
4/30/2020196,900 shares $10.74 million -16.4%0.8%1.3 $54.55
4/15/2020235,600 shares $11.65 million -24.1%1.0%1.6 $49.43
3/31/2020310,200 shares $15.86 million +1.6%1.3%2.1 $51.12
3/13/2020305,200 shares $17.01 million +43.4%1.3%2 $55.72
2/28/2020212,900 shares $9.94 million -16.6%0.9%1.6 $46.69
2/14/2020255,400 shares $14.85 million -21.5%1.1%2.1 $58.15
1/31/2020325,500 shares $23.41 million +18.0%1.5%2.8 $71.92
1/15/2020275,900 shares $22.63 million -19.7%1.2%2.2 $82.01
12/31/2019343,500 shares $26.60 million -4.6%1.4%2.9 $77.45

MGRC Short Interest - Frequently Asked Questions

What is McGrath RentCorp's current short interest?

Short interest is the volume of McGrath RentCorp shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 774,800 shares of MGRC short. 3.21% of McGrath RentCorp's shares are currently sold short. Learn More on McGrath RentCorp's current short interest.

What is a good short interest ratio for McGrath RentCorp?

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. MGRC shares currently have a short interest ratio of 6.0. Learn More on McGrath RentCorp's short interest ratio.

Which institutional investors are shorting McGrath RentCorp?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of McGrath RentCorp: Equitec Proprietary Markets LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for McGrath RentCorp?

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. 3.21% of McGrath RentCorp's floating shares are currently sold short.

Is McGrath RentCorp's short interest increasing or decreasing?

McGrath RentCorp saw a increase in short interest in August. As of August 31st, there was short interest totaling 774,800 shares, an increase of 9.8% from the previous total of 705,900 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 McGrath RentCorp's float size?

McGrath RentCorp currently has issued a total of 24,549,000 shares. Some of McGrath RentCorp'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. McGrath RentCorp currently has a public float of 24,140,000 shares.

How does McGrath RentCorp's short interest compare to its competitors?

3.21% of McGrath RentCorp's shares are currently sold short. Here is how the short interest of companies compare to McGrath RentCorp: UniFirst Co. (1.22%), OPENLANE, Inc. (3.48%), Healthcare Services Group, Inc. (3.22%), Viad Corp (1.23%), Performant Financial Co. (1.07%), Cintas Co. (1.67%), Copart, Inc. (1.20%), Iron Mountain Incorporated (3.38%), Air Lease Co. (3.00%), PROG Holdings, Inc. (3.73%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

What does it mean to sell short McGrath RentCorp stock?

Short selling MGRC is an investing strategy that aims to generate trading profit from McGrath RentCorp as its price is falling. MGRC shares are trading down $0.72 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.

How does a short squeeze work against McGrath RentCorp?

A short squeeze for McGrath RentCorp 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 MGRC, which in turn drives the price of the stock up even further.

How often is McGrath RentCorp'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 MGRC, twice per month. The most recent reporting period available is August, 31 2024.



Related Companies:
Short Interest Tools:

This page (NASDAQ:MGRC) was last updated on 9/17/2024 by MarketBeat.com Staff
From Our Partners
Sell NVDA Now?
Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's...
Chaikin Analytics | Sponsored
44-year Wall Street Vet: “Permanent devastation is coming to America”
After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...
InvestorPlace | Sponsored
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...
Timothy Sykes | Sponsored
⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Behind the Markets | Sponsored
The #1 Crypto for AI
We’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...
Weiss Ratings | Sponsored
Your Crypto Future is at Stake
What if I told you that bananas could make you a millionaire? No, this isn't a joke – I'm talking about the...
Crypto 101 Media | Sponsored
Musk’s new company could top a trillion?
The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...
Paradigm Press | Sponsored
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...
Porter & Company | Sponsored