Grupo Aeroportuario del Centro Norte (OMAB) Short Interest Ratio & Short Volume

Short interest is the volume of Grupo Aeroportuario del Centro Norte shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 88,100 shares of OMAB short. 0.21% of Grupo Aeroportuario del Centro Norte's shares are currently sold short. Learn More on Grupo Aeroportuario del Centro Norte'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. OMAB shares currently have a short interest ratio of 2.0. Learn More on Grupo Aeroportuario del Centro Norte's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Grupo Aeroportuario del Centro Norte: Citadel Advisors LLC, and Concourse Financial Group Securities 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. 0.21% of Grupo Aeroportuario del Centro Norte's floating shares are currently sold short.

Grupo Aeroportuario del Centro Norte saw a increase in short interest in March. As of March 31st, there was short interest totaling 88,100 shares, an increase of 258.1% from the previous total of 24,600 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.

Grupo Aeroportuario del Centro Norte currently has issued a total of 43,000,000 shares. Some of Grupo Aeroportuario del Centro Norte'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. Grupo Aeroportuario del Centro Norte currently has a public float of 42,190,000 shares.

0.21% of Grupo Aeroportuario del Centro Norte's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Grupo Aeroportuario del Centro Norte: Corporación América Airports S.A. (4.39%), Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (0.34%), Grupo Aeroportuario del Sureste, S. A. B. de C. V. (0.45%), Joby Aviation, Inc. (20.59%), ArcBest Co. (6.17%), Matson, Inc. (2.73%), Scorpio Tankers Inc. (4.57%), Copa Holdings, S.A. (1.89%), Schneider National, Inc. (5.01%), Global Business Travel Group, Inc. (0.47%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling OMAB is an investing strategy that aims to generate trading profit from Grupo Aeroportuario del Centro Norte as its price is falling. OMAB shares are trading down $0.82 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 Grupo Aeroportuario del Centro Norte 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 OMAB, 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 OMAB, twice per month. The most recent reporting period available is March, 31 2024.