The ODP Short Interest Ratio and Short Volume

+0.42 (+0.98 %)
(As of 04/9/2021 12:00 AM ET)
Today's Range
Now: $43.08
50-Day Range
MA: $40.41
52-Week Range
Now: $43.08
Volume313,433 shs
Average Volume611,161 shs
Market Capitalization$2.31 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

The ODP (NASDAQ:ODP) Short Interest Data

Current Short Volume3,440,000 shares
Previous Short Volume3,830,000 shares
Change Vs. Previous Month:-10.18%
Dollar Volume Sold Short$138.18 million
Short Interest Ratio / Days to Cover5.7
Last Record DateMarch, 15 2021
Outstanding Shares546,280,000 shares
Float Size52,270,000 shares
Short Percent of Float6.58%
Today's Trading Volume313,433 shares
Average Trading Volume611,161 shares
Today's Volume Vs. Average-48.72%

Short Interest Over Time

The ODP (NASDAQ:ODP) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/15/20213,440,000 shares $138.18 million -10.2%6.6%5.7 $40.17
2/26/20213,830,000 shares $152.89 million +52.6%7.3%6.4 $39.92
2/12/20212,510,000 shares $96.06 million -4.9%4.8%4.1 $38.27
1/29/20212,640,000 shares $119.14 million +4.4%5.0%4 $45.13
1/15/20212,530,000 shares $108.46 million -27.3%4.9%4 $42.87
12/31/20203,520,000 shares $155.37 million +7.0%6.8%7.4 $44.14
12/15/20203,520,000 shares $112.75 million +7.0%6.8%7.4 $32.03
11/30/20203,290,000 shares $93.83 million -5.2%6.4%6.6 $28.52
11/15/20203,470,000 shares $99.48 million +3.9%6.7%6.8 $28.67
10/30/20203,340,000 shares $84.64 million +1.2%6.5%6.4 $25.34
10/15/20203,300,000 shares $68.90 million +7.8%6.4%5.8 $20.88
9/30/20203,060,000 shares $67.08 million -3.5%6.0%5 $21.92
9/15/20203,170,000 shares $58.04 million -1.9%6.2%4 $18.31
8/31/20203,230,000 shares $69.51 million +3.5%6.3%3.9 $21.52
8/14/20203,120,000 shares $74.10 million -10.9%6.1%3.6 $23.75
7/31/20203,500,000 shares $74.24 million -19.0%6.8%4.1 $21.21
7/15/20204,320,000 shares $95.34 million -89.2%8.4%5 $22.07
6/30/202040,160,000 shares $913.24 million +1.1%78.0%47.8 $22.74
6/15/202039,710,000 shares $893.87 million +5.2%7.7%5.4 $22.51
5/29/202037,760,000 shares $86.85 million +16.2%7.3%4.9 $2.30
5/15/202032,510,000 shares $80.30 million -5.5%6.3%4.2 $2.47
4/30/202034,410,000 shares $88.78 million +1.3%6.7%4.8 $2.58
4/15/202033,970,000 shares $75.07 million +19.0%6.6%5.1 $2.21
3/31/202028,540,000 shares $50.52 million +14.7%5.5%4.2 $1.77
3/13/202024,881,800 shares $46.28 million +11.5%4.8%3.8 $1.86

The ODP (NASDAQ:ODP) Short Interest FAQ

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What is The ODP's current short interest?

Short interest is the volume of The ODP shares that have been sold short but have not yet been covered or closed out. As of March 15th, traders have sold 3,440,000 shares of ODP short. 6.58% of The ODP's shares are currently sold short. View details.

What is a good short interest ratio for The ODP?

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. The ODP currently has a short interest ratio of 6.0.

What is a good short interest percentage for The ODP?

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. 6.58% of The ODP's floating shares are currently sold short.

Is The ODP's short interest increasing or decreasing?

The ODP saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 3,440,000 shares, a decrease of 10.2% from the previous total of 3,830,000 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.

What is The ODP's float size?

The ODP currently has issued a total of 53,524,000 shares. Some of The ODP'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. The ODP currently has a public float of 52,270,000 shares.

How does The ODP's short interest compare to its competitors?

6.58% of The ODP's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "specialty stores" compare to The ODP: Tractor Supply (4.88%), Ulta Beauty, Inc. (4.52%), Five Below, Inc. (6.70%), DICK'S Sporting Goods, Inc. (19.66%), Signet Jewelers Limited (10.91%), Sally Beauty Holdings, Inc. (13.39%), Hibbett Sports, Inc. (17.23%), MarineMax, Inc. (7.73%), Winmark Co. (1.81%), and Big 5 Sporting Goods Co. (11.54%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

What does it mean to sell short The ODP stock?

Short selling ODP is an investing strategy that aims to generate trading profit from The ODP as its price is falling. The ODP's stock is trading up $0.42 today. To short The ODP 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 The ODP 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 The ODP?

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

How often is The ODP'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 ODP, twice per month. The most recent reporting period available is March, 15 2021.

This page was last updated on 4/10/2021 by Staff
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