Micron Technology (MU) Short Interest Ratio & Short Volume

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 April 15th, traders have sold 24,300,000 shares of MU short. 2.21% of Micron Technology's shares are currently sold short. Learn More on Micron Technology's current short interest.

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. MU shares currently have a short interest ratio of 1.0. Learn More on Micron Technology's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Micron Technology: Simplex Trading LLC, Raymond James Financial Services Advisors Inc., Portman Square Capital LLP, IMC Chicago LLC, Nomura Holdings Inc., Readystate Asset Management LP, Caas Capital Management LP, Citadel Advisors LLC, Clear Street LLC, CMT Capital Markets Trading GmbH, Symmetry Peak Management LLC, Balyasny Asset Management L.P., Capital Fund Management S.A., PEAK6 Investments LLC, Optiver Holding B.V., Eisler Capital US LLC, Eisler Capital UK Ltd., Bank of Nova Scotia, Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Hsbc Holdings PLC, IMC Chicago LLC, One River Asset Management LLC, Wells Fargo & Company MN, UBS Group AG, BNP Paribas Financial Markets, Gladius Capital Management LP, Concourse Financial Group Securities Inc., CTC LLC, Private Advisor Group LLC, XR Securities LLC, and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 2.21% of Micron Technology's floating shares are currently sold short.

Micron Technology saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 24,300,000 shares, an increase of 6.5% from the previous total of 22,820,000 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.

Micron Technology currently has issued a total of 1,107,370,000 shares. Some of Micron Technology'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. Micron Technology currently has a public float of 1,100,000,000 shares.

2.21% of Micron Technology's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Micron Technology: Intel Co. (1.80%), Texas Instruments Incorporated (1.96%), Analog Devices, Inc. (1.72%), Microchip Technology Incorporated (4.57%), Applied Materials, Inc. (1.51%), NXP Semiconductors (1.75%), STMicroelectronics (0.99%), Advanced Micro Devices, Inc. (2.00%), AT&T Inc. (1.16%), Lam Research Co. (1.96%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling MU is an investing strategy that aims to generate trading profit from Micron Technology as its price is falling. MU shares are trading up $3.26 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.

A short squeeze for Micron Technology 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 MU, 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 MU, twice per month. The most recent reporting period available is April, 15 2024.