Nutanix - NTNX Short Interest Ratio & Short Volume

Short interest is the volume of Nutanix shares that have been sold short but have not yet been covered or closed out. As of February 28th, traders have sold 7,590,000 shares of NTNX short. Learn More on Nutanix'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. NTNX shares currently have a short interest ratio of 4.0. Learn More on Nutanix's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Nutanix: Parallax Volatility Advisers L.P., Jane Street Group LLC, Belvedere Trading LLC, Squarepoint Ops LLC, Susquehanna International Group LLP, SG Capital Management LLC, Bank of America Corp DE, Group One Trading L.P., UBS Group AG, Cutler Group LLC CA, Simplex Trading LLC, Wolverine Asset Management LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Nutanix saw a increase in short interest in February. As of February 28th, there was short interest totaling 7,590,000 shares, an increase of 2.8% from the previous total of 7,380,000 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 Nutanix: Smartsheet Inc (2.88%), monday.com Ltd. (18.79%), Guidewire Software, Inc. (3.98%), GitLab Inc. (9.76%), Tenable Holdings, Inc. (3.41%), Workiva Inc. (3.73%), New Relic, Inc. (1.78%), National Instruments Co. (2.95%), Asana, Inc. (18.10%), and Qualys, Inc. (7.77%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling NTNX is an investing strategy that aims to generate trading profit from Nutanix as its price is falling. NTNX shares are trading up $0.07 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 Nutanix 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 NTNX, 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 NTNX, twice per month. The most recent reporting period available is February, 28 2023.