S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
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Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Thinking long-term? Don't lose interest in Pinterest
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Thinking long-term? Don't lose interest in Pinterest
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Thinking long-term? Don't lose interest in Pinterest
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Thinking long-term? Don't lose interest in Pinterest

Novanta (NOVT) Short Interest Ratio & Short Volume

$157.31
-0.94 (-0.59%)
(As of 02/27/2024 ET)

Novanta Short Interest Data

Current Short Volume
1,640,000 shares
Previous Short Volume
1,800,000 shares
Change Vs. Previous Month
-8.89%
Dollar Volume Sold Short
$253.46 million
Short Interest Ratio / Days to Cover
9.9
Last Record Date
January 31, 2024
Outstanding Shares
35,810,000 shares
Percentage of Shares Shorted
4.58%
Today's Trading Volume
210,854 shares
Average Trading Volume
117,751 shares
Today's Volume Vs. Average
179%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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NOVT Short Interest Over Time

NOVT Days to Cover Over Time

NOVT Percentage of Float Shorted Over Time


Novanta Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/31/20241,640,000 shares $253.46 million -8.9%N/A9.9 $154.55
1/15/20241,800,000 shares $280.24 million -8.2%N/A10.1 $155.69
12/31/20231,960,000 shares $330.08 million +1.0%N/A10.4 $168.41
12/15/20231,940,000 shares $326.21 million +5.4%N/A10 $168.15
11/30/20231,840,000 shares $265.77 million +7.6%N/A9.6 $144.44
11/15/20231,710,000 shares $244.68 million +12.5%N/A9.2 $143.09
10/31/20231,520,000 shares $200.73 million +3.4%N/A8.6 $132.06
10/15/20231,470,000 shares $217.02 million -2.0%N/A9.8 $147.63
9/30/20231,500,000 shares $215.16 million -6.3%N/A11.1 $143.44
9/15/20231,600,000 shares $250.54 million +1.9%N/A12.1 $156.59
8/31/20231,570,000 shares $262.16 million -2.5%N/A12 $166.98
8/15/20231,610,000 shares $247.88 million +5.9%N/A11.8 $153.96
7/31/20231,520,000 shares $268.89 million -3.8%N/A11 $176.90
7/15/20231,580,000 shares $288.76 million +15.3%N/A11.6 $182.76
6/30/20231,370,000 shares $252.22 million -16.5%N/A10.5 $184.10
6/15/20231,640,000 shares $277.68 million -0.6%N/A12.7 $169.32
5/31/20231,650,000 shares $273.24 million +9.3%N/A13.4 $165.60
5/15/20231,510,000 shares $247.16 million No ChangeN/A12.3 $163.68
4/30/20231,510,000 shares $230.79 million +0.7%N/A12.6 $152.84
4/15/20231,500,000 shares $236.40 million +2.0%N/A12.8 $157.60
3/31/20231,470,000 shares $233.86 million -1.3%4.2%12 $159.09
3/15/20231,490,000 shares $220.56 million +3.5%N/A12.2 $148.03
2/28/20231,440,000 shares $225.95 million -2.0%N/A11.5 $156.91
2/15/20231,470,000 shares $247.22 million -4.6%4.2%12.2 $168.18
1/31/20231,540,000 shares $248.66 million -2.5%4.4%10.9 $161.47
1/15/20231,580,000 shares $237.81 million +2.6%4.5%10.4 $150.51
12/30/20221,540,000 shares $209.24 million -2.5%N/A9.6 $135.87
12/15/20221,580,000 shares $228.63 million -1.3%4.5%9.4 $144.70
11/30/20221,600,000 shares $252.40 million -1.8%4.5%9.2 $157.75
11/15/20221,630,000 shares $262.27 million +4.5%4.6%9.3 $160.90
10/31/20221,560,000 shares $220.58 million -1.3%4.4%9.4 $141.40
10/15/20221,580,000 shares $180.50 million +4.6%4.5%8.8 $114.24
9/30/20221,510,000 shares $174.63 million -9.6%4.4%4.9 $115.65
9/15/20221,670,000 shares $211.41 million -4.6%4.8%5.4 $126.59
8/31/20221,750,000 shares $233.96 million -12.9%5.1%5.7 $133.69
8/15/20222,010,000 shares $307.53 million -6.5%5.8%6.7 $153.00
7/31/20222,150,000 shares $331.53 million +48.3%6.2%7.2 $154.20
7/15/20221,450,000 shares $181.47 million -2.0%4.2%5.2 $125.15
6/30/20221,480,000 shares $179.48 million +5.0%4.3%11 $121.27
6/15/20221,410,000 shares $165.13 million +2.2%4.1%11 $117.11













NOVT Short Interest - Frequently Asked Questions

What is Novanta's current short interest?

Short interest is the volume of Novanta shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 1,640,000 shares of NOVT short. Learn More on Novanta's current short interest.

What is a good short interest ratio for Novanta?

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. NOVT shares currently have a short interest ratio of 10.0. Learn More on Novanta's short interest ratio.

Which institutional investors are shorting Novanta?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Novanta: Citadel Advisors LLC, PEAK6 Investments LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Novanta's short interest increasing or decreasing?

Novanta saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 1,640,000 shares, a decrease of 8.9% from the previous total of 1,800,000 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 Novanta's short interest compare to its competitors?

Here is how the short interest of companies compare to Novanta: Varonis Systems, Inc. (6.05%), Tenable Holdings, Inc. (3.36%), Pegasystems Inc. (1.74%), Smartsheet Inc (2.05%), Braze, Inc. (8.82%), StoneCo Ltd. (4.25%), Kanzhun Limited (4.24%), Frontier Communications Parent, Inc. (12.68%), Littelfuse, Inc. (0.65%), Allegro MicroSystems, Inc. (8.33%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Novanta stock?

Short selling NOVT is an investing strategy that aims to generate trading profit from Novanta as its price is falling. NOVT shares are trading down $0.94 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.

How does a short squeeze work against Novanta?

A short squeeze for Novanta 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 NOVT, which in turn drives the price of the stock up even further.

How often is Novanta'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 NOVT, twice per month. The most recent reporting period available is January, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:NOVT) was last updated on 2/28/2024 by MarketBeat.com Staff