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Micron Technology Short Interest Ratio and Short Volume

-0.33 (-0.67 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $49.14
50-Day Range
MA: $46.81
52-Week Range
Now: $49.14
Volume17.77 million shs
Average Volume24.71 million shs
Market Capitalization$54.59 billion
P/E Ratio24.69
Dividend YieldN/A

Short Interest

Micron Technology (NASDAQ:MU) Short Interest Data

Current Short Volume:32,560,000 shares
Previous Short Volume:32,930,000 shares
Change Vs. Previous Month:-1.12%
Dollar Volume Sold Short:$1.60 billion
Short Interest Ratio / Days to Cover:2.0
Last Record Date:September, 15 2020
Outstanding Shares:1,100,000,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:17,772,994 shares
Average Trading Volume:24,713,129 shares
Today's Volume Vs. Average:-28.08%

Micron Technology (NASDAQ:MU) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/15/202032,560,000 $1.60 billion -1.1%0.0%1.7$49.14
8/31/202032,930,000 $1.50 billion -8.0%0.0%1.7$45.68
8/14/202035,800,000 $1.64 billion 13.2%0.0%1.7$45.76
7/31/202031,640,000 $1.43 billion -1.8%0.0%1.5$45.22
7/15/202032,220,000 $1.61 billion 15.7%0.0%1.4$50.06
6/30/202027,840,000 $1.39 billion -3.9%0.0%1.2$50.02
6/15/202028,970,000 $1.45 billion -17.0%0.0%1.1$50.02
5/29/202034,910,000 $1.69 billion -2.4%0.0%1.2$48.29
5/15/202035,780,000 $1.71 billion 7.9%0.0%1.2$47.91
4/30/202033,160,000 $1.64 billion -14.2%0.0%1.1$49.45
4/15/202038,630,000 $1.86 billion 22.3%0.0%1.3$48.20
3/31/202031,580,000 $1.39 billion 17.4%0.0%1$44.16
3/13/202026,911,600 $1.24 billion 14.5%0.0%0.9$46.13
2/28/202023,510,000 $899.26 million 3.0%0.0%0.9$38.25
2/14/202022,830,000 $1.09 billion -3.8%0.0%1$47.86
1/31/202023,730,000 $1.24 billion -12.1%0.0%1.1$52.37
1/15/202027,010,000 $1.55 billion -3.4%0.0%1.3$57.25
12/31/201927,960,000 $1.61 billion -6.8%0.0%1.4$57.76
9/15/201932,380,000 $1.57 billion -3.4%2.9%1.2$48.60

Micron Technology (NASDAQ:MU) Short Interest FAQ

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What is Micron Technology's current short interest?

Short interest is the volume of Micron Technology shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 32,560,000 shares of MU short. 0.00% of Micron Technology's shares are currently sold short. View details.

What is a good short interest ratio for Micron Technology?

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. Micron Technology currently has a short interest ratio of 2.0.

Is Micron Technology's short interest increasing or decreasing?

Micron Technology saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 32,560,000 shares, a decline of 1.1% from the previous total of 32,930,000 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 Micron Technology's short interest compare to its competitors?

0.00% of Micron Technology's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "semiconductors" compare to Micron Technology: NVIDIA Co. (0.98%), Intel Co. (3.25%), Broadcom Inc (1.00%), Texas Instruments Incorporated (1.61%), Analog Devices, Inc. (5.12%), Marvell Technology Group Ltd. (0.00%), Microchip Technology Inc. (0.00%), Xilinx, Inc. (2.28%), Skyworks Solutions Inc (1.56%), and Maxim Integrated Products Inc. (3.98%).

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 ($5.17 billion), Aon PLC ($3.57 billion), ViacomCBS Inc. ($3.01 billion), Clorox Co ($2.91 billion), Charles Schwab Co. ($2.80 billion), Mercadolibre Inc ($2.33 billion), Analog Devices, Inc. ($2.14 billion), Kroger Co ($1.99 billion), Moderna Inc ($1.96 billion), and Simon Property Group Inc ($1.80 billion). View all of the most shorted stocks.

What does it mean to sell short Micron Technology stock?

Short selling MU is an investing strategy that aims to generate trading profit from Micron Technology as its price is falling. Micron Technology's stock is trading down $0.33 today. To short Micron Technology 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 Micron Technology 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 Micron Technology?

A short squeeze for Micron Technology 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 MU, which in turn drives the price of the stock up even further.

How often is Micron Technology'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 MU, twice per month. The most recent reporting period available is September, 15 2020.

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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