National Instruments (NATI) Short Interest Ratio & Short Volume

Short interest is the volume of National Instruments shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 7,720,000 shares of NATI short. Learn More on National Instruments' 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. NATI shares currently have a short interest ratio of 5.0. Learn More on National Instruments's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of National Instruments: Picton Mahoney Asset Management, BCK Capital Management LP, and Equitec Proprietary Markets LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

National Instruments saw a drop in short interest in the month of September. As of September 30th, there was short interest totaling 7,720,000 shares, a drop of 4.5% from the previous total of 8,080,000 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.

Here is how the short interest of companies in the industry of "prepackaged software" compare to National Instruments: The Descartes Systems Group Inc. (0.54%), AppFolio, Inc. (3.15%), Dropbox, Inc. (7.61%), GitLab Inc. (3.60%), monday.com Ltd. (6.23%), Paylocity Holding Co. (6.23%), Unity Software Inc. (10.96%), Dayforce Inc (6.66%), Ceridian HCM Holding Inc. (5.41%), Informatica Inc. (6.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.11 billion), Charter Communications, Inc. ($3.68 billion), T-Mobile US, Inc. ($3.56 billion), Canadian Natural Resources Limited ($3.54 billion), Occidental Petroleum Co. ($3.02 billion), Tractor Supply ($2.29 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($1.91 billion), Celsius Holdings, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.76 billion). View all of the most shorted stocks.

Short selling NATI is an investing strategy that aims to generate trading profit from National Instruments as its price is falling. 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 National Instruments 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 NATI, 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 NATI, twice per month. The most recent reporting period available is September, 30 2023.