New Mountain Finance Short Interest Ratio and Short Volume

+0.03 (+0.23 %)
(As of 04/19/2021 12:00 AM ET)
Today's Range
Now: $13.02
50-Day Range
MA: $12.76
52-Week Range
Now: $13.02
Volume313,981 shs
Average Volume443,310 shs
Market Capitalization$1.26 billion
P/E RatioN/A
Dividend Yield9.24%

Short Interest

New Mountain Finance (NASDAQ:NMFC) Short Interest Data

Current Short Volume314,700 shares
Previous Short Volume398,300 shares
Change Vs. Previous Month:-20.99%
Dollar Volume Sold Short$4.08 million
Short Interest Ratio / Days to Cover0.7
Last Record DateMarch, 31 2021
Outstanding Shares96,827,000 shares
Float Size85,470,000 shares
Short Percent of Float0.37%
Today's Trading Volume313,981 shares
Average Trading Volume443,310 shares
Today's Volume Vs. Average-29.17%

Short Interest Over Time

New Mountain Finance (NASDAQ:NMFC) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021314,700 shares $4.08 million -21.0%0.4%0.7 $12.98
3/15/2021398,300 shares $5.02 million -9.7%0.5%0.9 $12.60
2/26/2021440,900 shares $5.69 million -43.9%0.6%1 $12.91
2/12/2021786,300 shares $9.74 million -14.6%0.9%1.8 $12.39
1/29/2021921,000 shares $11.13 million -6.9%1.1%2 $12.09
1/15/2021989,600 shares $11.46 million No Change1.2%2.1 $11.58
8/31/20202,660,000 shares $27.64 million +0.8%3.1%5.4 $10.39
8/14/20202,640,000 shares $26.56 million -4.0%3.1%4.8 $10.06
7/31/20202,750,000 shares $27.78 million -0.4%3.2%4.6 $10.10
7/15/20202,760,000 shares $24.81 million +1.1%3.2%3.9 $8.99
6/30/20202,730,000 shares $24.82 million +9.6%3.2%3.2 $9.09
6/15/20202,490,000 shares $23.78 million +2.1%2.9%2.2 $9.55
5/29/20202,440,000 shares $21.91 million +7.5%2.9%1.7 $8.98
5/15/20202,270,000 shares $21.57 million -11.3%2.6%1.5 $9.50
4/30/20202,560,000 shares $24.32 million -10.2%N/A1.7 $9.50
4/15/20202,850,000 shares $22.94 million +46.9%N/A2 $8.05
3/31/20201,940,000 shares $13.87 million +0.1%N/A1.5 $7.15
3/13/20201,938,100 shares $14.19 million +95.5%N/A2.7 $7.32
2/28/2020991,300 shares $5.11 million -18.8%N/A1.4 $5.15
2/14/20201,220,000 shares $13.98 million +0.8%N/A2.2 $11.46
1/31/20201,210,000 shares $16.58 million -4.7%N/A2.2 $13.70
1/15/20201,270,000 shares $18.16 million -21.1%N/A1.7 $14.30
12/31/20191,610,000 shares $22.88 million -3.6%N/A2.2 $14.21
8/15/2019966,200 shares $12.99 million -2.9%1.3%2.1 $13.44

New Mountain Finance (NASDAQ:NMFC) Short Interest FAQ

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What is New Mountain Finance's current short interest?

Short interest is the volume of New Mountain Finance shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 314,700 shares of NMFC short. 0.37% of New Mountain Finance's shares are currently sold short. View details.

What is a good short interest ratio for New Mountain Finance?

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. New Mountain Finance currently has a short interest ratio of 1.0.

What is a good short interest percentage for New Mountain Finance?

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. 0.37% of New Mountain Finance's floating shares are currently sold short.

Is New Mountain Finance's short interest increasing or decreasing?

New Mountain Finance saw a drop in short interest in March. As of March 31st, there was short interest totaling 314,700 shares, a drop of 21.0% from the previous total of 398,300 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 New Mountain Finance's float size?

New Mountain Finance currently has issued a total of 96,827,000 shares. Some of New Mountain Finance'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. New Mountain Finance currently has a public float of 85,470,000 shares.

How does New Mountain Finance's short interest compare to its competitors?

0.37% of New Mountain Finance's shares are currently sold short. Here is how the short interest of companies in the industry of "investors, not elsewhere classified" compare to New Mountain Finance: Prospect Capital Co. (4.42%), Golub Capital BDC, Inc. (0.00%), Fairfax India Holdings Co. (0.00%), Sixth Street Specialty Lending, Inc. (0.00%), PennantPark Floating Rate Capital Ltd. (0.61%), TriplePoint Venture Growth BDC Corp. (0.00%), Gladstone Investment Co. (1.05%), Capital Southwest Co. (0.51%), PennantPark Investment Co. (0.34%), and Stellus Capital Investment Co. (0.55%).

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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short New Mountain Finance stock?

Short selling NMFC is an investing strategy that aims to generate trading profit from New Mountain Finance as its price is falling. New Mountain Finance's stock is trading up $0.03 today. To short New Mountain Finance 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 New Mountain Finance 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 New Mountain Finance?

A short squeeze for New Mountain Finance 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 NMFC, which in turn drives the price of the stock up even further.

How often is New Mountain Finance'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 NMFC, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/20/2021 by Staff
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