Nextracker (NXT) Short Interest Ratio & Short Volume

Short interest is the volume of Nextracker shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 8,770,000 shares of NXT short. 6.31% of Nextracker's shares are currently sold short. Learn More on Nextracker'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. NXT shares currently have a short interest ratio of 4.0. Learn More on Nextracker's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Nextracker: Jane Street Group LLC, Cubist Systematic Strategies LLC, Caption Management LLC, Twin Tree Management LP, HAP Trading LLC, PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., Simplex Trading LLC, Jefferies Financial Group Inc., IMC Chicago LLC, and Jefferies Financial Group Inc.. 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. 6.31% of Nextracker's floating shares are currently sold short.

Nextracker saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 8,770,000 shares, a decline of 6.3% from the previous total of 9,360,000 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.

Nextracker currently has issued a total of 145,619,000 shares. Some of Nextracker'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. Nextracker currently has a public float of 139,070,000 shares.

6.31% of Nextracker's shares are currently sold short. Here is how the short interest of companies in the industry of "electronic equipment" compare to Nextracker: Nokia Oyj (0.58%), Telefonaktiebolaget LM Ericsson (publ) (1.29%), Ubiquiti Inc. (10.47%), STMicroelectronics (1.68%), ASE Technology Holding Co., Ltd. (0.67%), GlobalFoundries Inc. (8.58%), Hubbell Incorporated (4.35%), United Microelectronics Co. (2.77%), Flex Ltd. (2.23%), Astera Labs, Inc. (8.68%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology S.A. ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Co. ($4.47 billion), The Kroger Co. ($2.56 billion), Reddit, Inc. ($2.23 billion), Rivian Automotive, Inc. ($2.16 billion), Live Nation Entertainment, Inc. ($1.90 billion), SoFi Technologies, Inc. ($1.85 billion), Zscaler, Inc. ($1.75 billion), and Omnicom Group Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling NXT is an investing strategy that aims to generate trading profit from Nextracker as its price is falling. NXT shares are trading up $0.65 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 Nextracker 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 NXT, 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 NXT, twice per month. The most recent reporting period available is April, 30 2025.