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Root (ROOT) Short Interest Ratio & Short Volume

$46.96
-0.84 (-1.76%)
(As of 12:07 PM ET)

Root Short Interest Data

Current Short Interest
1,210,000 shares
Previous Short Interest
1,120,000 shares
Change Vs. Previous Month
+8.04%
Dollar Volume Sold Short
$61.52 million
Short Interest Ratio
2.2 Days to Cover
Last Record Date
May 31, 2024
Outstanding Shares
14,900,000 shares
Percentage of Shares Shorted
8.12%
Today's Trading Volume
106,902 shares
Average Trading Volume
598,266 shares
Today's Volume Vs. Average
18%
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ROOT Short Interest Over Time

ROOT Days to Cover Over Time

ROOT Percentage of Float Shorted Over Time

Root Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/31/20241,210,000 shares $61.52 million +8.0%N/A2.2 $50.84
5/15/20241,120,000 shares $68.73 million -13.9%N/A1.3 $61.37
4/30/20241,300,000 shares $90.55 million +3.2%N/A1.5 $69.65
4/15/20241,260,000 shares $79.95 million -6.0%N/A1.6 $63.45
3/31/20241,340,000 shares $81.85 million -5.0%N/A1.9 $61.08
3/15/20241,410,000 shares $74.57 million +13.7%N/A2.2 $52.89
2/29/20241,240,000 shares $39.82 million +27.7%N/A2.4 $32.11
2/15/2024970,900 shares $8.85 million +1.2%N/A2.8 $9.12
1/31/2024959,600 shares $7.77 million -2.1%N/A8.3 $8.10
1/15/2024979,900 shares $9.58 million -0.1%N/A8.8 $9.78
12/31/2023980,400 shares $10.27 million -2.9%N/A9.1 $10.48
12/15/20231,010,000 shares $10.63 million -2.9%N/A9.6 $10.52
11/30/20231,040,000 shares $10.06 million -2.8%N/A10.2 $9.67
11/15/20231,070,000 shares $10.49 million -7.0%N/A13.6 $9.80
10/31/20231,150,000 shares $10.40 million -0.9%N/A15.9 $9.04
10/15/20231,160,000 shares $11.17 million +0.9%N/A11.8 $9.63
9/30/20231,150,000 shares $10.94 million -0.9%N/A8 $9.51
9/15/20231,160,000 shares $12.24 million -4.1%N/A4.8 $10.55
8/31/20231,210,000 shares $13.84 million -11.0%N/A2.7 $11.44
8/15/20231,360,000 shares $12.27 million +2.3%N/A3.1 $9.02
7/31/20231,330,000 shares $14.48 million No Change24.7%3.1 $10.89
7/15/20231,330,000 shares $13.10 million -2.9%25.3%3.2 $9.85
6/30/20231,370,000 shares $12.25 million -17.0%26.1%3.5 $8.94
6/15/20231,650,000 shares $10.58 million -1.8%31.3%4.9 $6.41
5/31/20231,680,000 shares $8.08 million +1.8%32.3%14.2 $4.81
5/15/20231,650,000 shares $8.10 million -7.3%31.7%13.6 $4.91
4/30/20231,780,000 shares $7.64 million +1.7%34.2%13.8 $4.29
4/15/20231,750,000 shares $7 million +3.6%34.1%12.8 $4.00
3/31/20231,690,000 shares $7.62 million +3.1%33.3%11.6 $4.51
3/15/20231,640,000 shares $5.85 million +12.3%32.5%10.2 $3.57
2/28/20231,460,000 shares $7.31 million +1.4%28.9%8.7 $5.01
2/15/20231,440,000 shares $9.84 million -3.4%42.4%8.4 $6.83
1/31/20231,490,000 shares $8.76 million -2.0%20.3%8 $5.88
1/15/20231,520,000 shares $8.04 million -1.9%20.8%8.3 $5.29
12/30/20221,550,000 shares $6.96 million +4.0%21.2%8.2 $4.49
12/15/20221,490,000 shares $7.39 million +0.7%25.8%7.1 $4.96
11/30/20221,480,000 shares $10.76 million -4.5%25.9%6.3 $7.27
11/15/20221,550,000 shares $12.73 million -3.7%27.1%6.3 $8.21
10/31/20221,610,000 shares $13.73 million +2.6%19.4%5.5 $8.53
10/15/20221,570,000 shares $12.21 million -11.8%17.6%5.4 $7.78
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9/30/20221,780,000 shares $14.03 million +4.7%19.9%6.5 $7.88
9/15/20221,700,000 shares $17.61 million +26.9%19.0%6.6 $10.36
8/31/20221,340,000 shares $16.60 million -53.3%20.6%5.7 $12.39
8/15/20222,870,000 shares $55.16 million -81.7%N/A14.9 $19.22
7/31/202215,670,000 shares $16.45 million -1.5%N/A6.2 $1.05
7/15/202215,900,000 shares $16.54 million +4.3%N/A6 $1.04
6/30/202215,250,000 shares $18.15 million +21.4%N/A5.4 $1.19
6/15/202212,560,000 shares $15.83 million +2.3%N/A4.4 $1.26
5/31/202212,280,000 shares $17.07 million +1.3%14.8%4 $1.39
5/15/202212,120,000 shares $16.48 million -1.4%N/A3.5 $1.36
4/30/202212,290,000 shares $23.72 million -6.3%N/A3.6 $1.93
4/15/202213,110,000 shares $22.68 million +3.6%N/A3.7 $1.73
3/31/202212,650,000 shares $24.92 million -2.8%N/A3.4 $1.97
3/15/202213,020,000 shares $19.79 million +10.8%N/A3.2 $1.52
2/28/202211,750,000 shares $21.27 million +7.6%21.8%3.1 $1.81
2/15/202210,920,000 shares $19.55 million -6.9%25.1%2.7 $1.79
1/31/202211,730,000 shares $23.58 million +15.8%16.8%2.2 $2.01
1/15/202210,130,000 shares $27.25 million -3.5%16.9%1.9 $2.69
12/31/202110,500,000 shares $32.55 million -10.4%17.6%2 $3.10
12/15/202111,720,000 shares $38.79 million -11.4%19.6%2 $3.31
11/30/202113,220,000 shares $52.62 million -19.5%22.1%1.8 $3.98
11/15/202116,420,000 shares $82.59 million -11.8%27.4%1.9 $5.03
10/29/202118,620,000 shares $86.40 million -14.0%35.9%2.2 $4.64
10/15/202121,640,000 shares $109.93 million -10.2%41.8%2.7 $5.08
9/30/202124,090,000 shares $126.95 million -6.8%32.3%3.1 $5.27
9/15/202125,840,000 shares $152.46 million +20.8%34.7%3.5 $5.90
8/31/202121,390,000 shares $137.97 million +12.1%34.4%3.2 $6.45
8/13/202119,080,000 shares $99.79 million +20.4%30.7%3.9 $5.23
7/30/202115,850,000 shares $120.94 million +14.3%33.3%3.9 $7.63
7/15/202113,870,000 shares $115.26 million +3.1%29.1%3.4 $8.31
6/30/202113,460,000 shares $145.64 million -6.7%28.2%3.5 $10.82
6/15/202114,430,000 shares $155.84 million -12.4%28.5%3.3 $10.80
5/28/202116,480,000 shares $150.30 million +1.1%32.1%3.7 $9.12
5/14/202116,300,000 shares $146.54 million +12.7%31.8%4.6 $8.99
4/30/202114,460,000 shares $156.89 million +6.0%57.6%4.2 $10.85
4/15/202113,640,000 shares $151.40 million +31.0%54.3%4.2 $11.10
3/31/202110,410,000 shares $135.75 million -4.7%41.6%3.1 $13.04
3/15/202110,920,000 shares $120.01 million +13.3%43.7%4 $10.99
2/26/20219,640,000 shares $158.29 million +12.8%61.3%4 $16.42
2/12/20218,550,000 shares $177.84 million -0.5%54.6%3.9 $20.80
1/29/20218,590,000 shares $176.35 million -1.9%34.5%4 $20.53
1/15/20218,760,000 shares $183.96 million No Change35.1%3.4 $21.00

ROOT Short Interest - Frequently Asked Questions

What is Root's current short interest?

Short interest is the volume of Root shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 1,120,000 shares of ROOT short. Learn More on Root's current short interest.

What is a good short interest ratio for Root?

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. ROOT shares currently have a short interest ratio of 1.0. Learn More on Root's short interest ratio.

Which institutional investors are shorting Root?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Root: Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Root's short interest increasing or decreasing?

Root saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,120,000 shares, a decrease of 13.8% from the previous total of 1,300,000 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 Root's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "fire, marine, & casualty insurance" compare to Root: SiriusPoint Ltd. (2.74%), Palomar Holdings, Inc. (1.90%), Fidelis Insurance Holdings Limited (3.86%), Hamilton Insurance Group, Ltd. (1.02%), Skyward Specialty Insurance Group, Inc. (3.23%), Horace Mann Educators Co. (1.65%), Lemonade, Inc. (31.86%), Safety Insurance Group, Inc. (0.96%), Employers Holdings, Inc. (1.26%), HCI Group, Inc. (11.89%),

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. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

What does it mean to sell short Root stock?

Short selling ROOT is an investing strategy that aims to generate trading profit from Root as its price is falling. ROOT shares are trading down $0.79 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 Root?

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

How often is Root'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 ROOT, twice per month. The most recent reporting period available is May, 15 2024.



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This page (NASDAQ:ROOT) was last updated on 6/12/2024 by MarketBeat.com Staff

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