NASDAQ:MLHR

Herman Miller Short Interest Ratio and Short Volume

$45.24
+0.05 (+0.11 %)
(As of 05/11/2021 12:00 AM ET)
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Today's Range
$43.61
$45.44
50-Day Range
$39.67
$44.54
52-Week Range
$19.11
$45.94
Volume1.16 million shs
Average Volume591,908 shs
Market Capitalization$2.67 billion
P/E RatioN/A
Dividend Yield1.66%
Beta1.42

Short Interest

Herman Miller (NASDAQ:MLHR) Short Interest Data

Current Short Volume1,030,000 shares
Previous Short Volume906,600 shares
Change Vs. Previous Month+13.61%
Dollar Volume Sold Short$45.88 million
Short Interest Ratio / Days to Cover1.9
Last Record DateApril, 15 2021
Outstanding Shares59,060,000 shares
Float Size58,590,000 shares
Short Percent of Float1.76%
Today's Trading Volume1,163,061 shares
Average Trading Volume591,908 shares
Today's Volume Vs. Average96.49%

Short Interest Over Time


Herman Miller (NASDAQ:MLHR) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20211,030,000 shares $45.88 million +13.6%1.8%1.9$44.54
3/31/2021906,600 shares $37.05 million -20.5%1.6%2.3$40.87
3/15/20211,140,000 shares $48.39 million -20.8%2.0%2.2$42.45
2/26/20211,440,000 shares $55.15 million -5.3%2.5%2.6$38.30
2/12/20211,520,000 shares $57.82 million -16.0%2.6%2.7$38.04
1/29/20211,810,000 shares $65.00 million +1.7%3.1%3.1$35.91
1/15/20211,780,000 shares $63.94 million -20.2%3.0%2.9$35.92
12/31/20202,230,000 shares $74.77 million +25.3%3.8%3.5$33.53
12/15/20201,780,000 shares $67.52 million +4.7%3.0%2.6$37.93
11/30/20201,700,000 shares $63.85 million -14.1%2.9%1.5$37.56
11/15/20201,980,000 shares $70.07 million -13.5%3.4%1.7$35.39
10/30/20202,290,000 shares $73.21 million +6.5%3.9%1.9$31.97
10/15/20202,150,000 shares $68.52 million -4.4%3.7%1.8$31.87
9/30/20202,250,000 shares $67.86 million -9.3%3.9%1.9$30.16
9/15/20202,480,000 shares $61.70 million -9.2%4.2%2$24.88
8/31/20202,730,000 shares $65.06 million +1.9%4.7%4.1$23.83
8/14/20202,680,000 shares $66.97 million +18.6%4.6%3.8$24.99
7/31/20202,260,000 shares $52.95 million -12.4%3.9%3.2$23.43
7/15/20202,580,000 shares $55.16 million +14.2%4.4%3.7$21.38
6/30/20202,260,000 shares $59.46 million +14.7%3.9%3.3$26.31
6/15/20201,970,000 shares $48.84 million -5.3%3.4%3$24.79
5/29/20202,080,000 shares $47.88 million -12.2%3.6%2.8$23.02
5/15/20202,370,000 shares $48.86 million +5.8%4.1%3.3$20.62
4/30/20202,240,000 shares $50.49 million +8.2%3.8%3.2$22.54
4/15/20202,070,000 shares $42.91 million -16.9%3.6%3.1$20.73

Herman Miller (NASDAQ:MLHR) Short Interest FAQ

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What is Herman Miller's current short interest?

Short interest is the volume of Herman Miller shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 1,030,000 shares of MLHR short. 1.76% of Herman Miller's shares are currently sold short. View details.

What is a good short interest ratio for Herman Miller?

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. Herman Miller currently has a short interest ratio of 2.0.

What is a good short interest percentage for Herman Miller?

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. 1.76% of Herman Miller's floating shares are currently sold short.

Is Herman Miller's short interest increasing or decreasing?

Herman Miller saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,030,000 shares, an increase of 13.6% from the previous total of 906,600 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 Herman Miller's float size?

Herman Miller currently has issued a total of 58,979,000 shares. Some of Herman Miller'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. Herman Miller currently has a public float of 58,590,000 shares.

How does Herman Miller's short interest compare to its competitors?

1.76% of Herman Miller's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "office services & supplies" compare to Herman Miller: Avery Dennison Co. (1.15%), MSA Safety Incorporated (4.14%), HNI Co. (1.89%), Steelcase Inc. (1.51%), Pitney Bowes Inc. (5.35%), Knoll, Inc. (1.46%), ACCO Brands Co. (2.74%), Interface, Inc. (2.72%), Kimball International, Inc. (2.52%), and NL Industries, Inc. (1.80%).

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. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Herman Miller stock?

Short selling MLHR is an investing strategy that aims to generate trading profit from Herman Miller as its price is falling. Herman Miller's stock is trading up $0.05 today. To short Herman Miller 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 Herman Miller 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 Herman Miller?

A short squeeze for Herman Miller 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 MLHR, which in turn drives the price of the stock up even further.

How often is Herman Miller'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 MLHR, twice per month. The most recent reporting period available is April, 15 2021.



This page was last updated on 5/11/2021 by MarketBeat.com Staff
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