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Shoals Technologies Group (SHLS) Short Interest Ratio & Short Volume

$6.87
+0.46 (+7.18%)
(As of 07/12/2024 ET)

Shoals Technologies Group Short Interest Data

Current Short Interest
26,980,000 shares
Previous Short Interest
25,532,200 shares
Change Vs. Previous Month
+5.67%
Dollar Volume Sold Short
$168.36 million
Short Interest Ratio
4.6 Days to Cover
Last Record Date
June 30, 2024
Outstanding Shares
170,420,000 shares
Float Size
165,730,000 shares
Short Percent of Float
16.28%
Today's Trading Volume
6,781,575 shares
Average Trading Volume
5,351,098 shares
Today's Volume Vs. Average
127%
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SHLS Short Interest Over Time

SHLS Days to Cover Over Time

SHLS Percentage of Float Shorted Over Time

Shoals Technologies Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/30/202426,980,000 shares $168.36 million +5.7%16.3%4.6 $6.24
6/15/202425,532,200 shares $165.45 million +21.1%15.4%4.5 $6.48
5/31/202421,080,000 shares $165.90 million +10.9%12.7%4.1 $7.87
5/15/202419,010,000 shares $129.08 million -15.9%11.5%3.9 $6.79
4/30/202422,600,000 shares $190.97 million +3.4%13.8%5.4 $8.45
4/15/202421,860,000 shares $190.62 million -14.0%13.3%5.5 $8.72
3/31/202425,430,000 shares $284.31 million +0.7%15.5%6.8 $11.18
3/15/202425,250,000 shares $304.52 million -5.8%15.4%7.2 $12.06
2/29/202426,790,000 shares $343.72 million -0.2%16.3%7.2 $12.83
2/15/202426,850,000 shares $442.49 million -1.3%16.4%7.8 $16.48
1/31/202427,210,000 shares $358.36 million +3.3%16.6%7.4 $13.17
1/15/202426,350,000 shares $357.57 million +1.7%16.1%7.4 $13.57
12/31/202325,910,000 shares $402.64 million +3.3%N/A7.1 $15.54
12/15/202325,080,000 shares $397.02 million +7.9%15.3%6.5 $15.83
11/30/202323,240,000 shares $321.87 million -3.2%14.2%6.6 $13.85
11/15/202324,010,000 shares $375.28 million +7.5%14.7%7.2 $15.63
10/31/202322,330,000 shares $342.99 million +16.1%13.6%7.3 $15.36
10/15/202319,230,000 shares $309.03 million -5.8%11.7%6.5 $16.07
9/30/202320,420,000 shares $372.67 million +0.9%12.5%7.6 $18.25
9/15/202320,240,000 shares $424.84 million +13.9%12.4%9 $20.99
8/31/202317,770,000 shares $349.71 million +7.4%10.8%7.6 $19.68
8/15/202316,550,000 shares $342.25 million +5.9%10.1%7.5 $20.68
7/31/202315,630,000 shares $405.75 million -3.0%9.5%6.2 $25.96
7/15/202316,120,000 shares $408.64 million +13.6%9.8%6.2 $25.35
6/30/202314,190,000 shares $362.70 million +15.7%8.7%5.5 $25.56
6/15/202312,270,000 shares $315.22 million +8.8%7.5%4.6 $25.69
5/31/202311,280,000 shares $264.97 million -10.1%6.9%3.5 $23.49
5/15/202312,550,000 shares $310.11 million -0.8%7.7%3.4 $24.71
4/30/202312,650,000 shares $264.26 million +4.9%9.5%3.7 $20.89
4/15/202312,060,000 shares $276.90 million +8.2%9.0%3.8 $22.96
3/31/202311,150,000 shares $254.11 million +20.8%8.5%3.5 $22.79
3/15/20239,230,000 shares $185.52 million +28.6%7.0%2.9 $20.10
2/28/20237,180,000 shares $176.20 million -1.8%6.6%2.6 $24.54
2/15/20237,310,000 shares $205.19 million -5.6%6.8%2.7 $28.07
1/31/20237,740,000 shares $215.87 million +27.3%7.2%2.7 $27.89
1/15/20236,080,000 shares $172.19 million -33.6%5.6%2.2 $28.32
12/30/20229,160,000 shares $225.98 million +9.6%8.5%3.6 $24.67
12/15/20228,360,000 shares $224.55 million +16.8%7.7%3.3 $26.86
11/30/20227,160,000 shares $207.43 million -19.0%6.6%2.9 $28.97
11/15/20228,840,000 shares $242.22 million -3.3%8.3%4.9 $27.40
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10/31/20229,140,000 shares $211.23 million No Change8.7%5.5 $23.11
10/15/20229,140,000 shares $182.71 million +5.2%8.7%5.1 $19.99
9/30/20228,690,000 shares $187.27 million -7.5%8.3%4.9 $21.55
9/15/20229,390,000 shares $232.68 million +5.3%8.9%4.5 $24.78
8/31/20228,920,000 shares $235.22 million -6.9%8.5%4.1 $26.37
8/15/20229,580,000 shares $239.98 million -2.6%9.1%4.1 $25.05
7/31/20229,840,000 shares $232.52 million -9.8%9.4%3.9 $23.63
7/15/202210,910,000 shares $176.52 million -3.9%10.4%4 $16.18
6/30/202211,350,000 shares $187.05 million +10.5%10.8%3.8 $16.48
6/15/202210,270,000 shares $194.92 million +5.3%9.8%3.3 $18.98
5/31/20229,750,000 shares $152.10 million -10.3%9.3%3.2 $15.60
5/15/202210,870,000 shares $136.74 million -17.0%17.9%3.6 $12.58
4/30/202213,090,000 shares $130.64 million -3.8%21.6%4.5 $9.98
4/15/202213,610,000 shares $172.57 million +66.8%22.4%4.7 $12.68
3/31/20228,160,000 shares $139.05 million +3.8%14.4%3 $17.04
3/15/20227,860,000 shares $143.13 million +34.4%13.9%3.4 $18.21
2/28/20225,850,000 shares $92.49 million -15.2%11.1%2.9 $15.81
2/15/20226,900,000 shares $100.12 million -2.0%6.7%3.7 $14.51
1/31/20227,040,000 shares $118.69 million +9.8%6.9%4 $16.86
1/15/20226,410,000 shares $132.56 million +7.2%6.2%4.3 $20.68
12/31/20215,980,000 shares $145.31 million -12.3%5.8%4.4 $24.30
12/15/20216,820,000 shares $178.89 million +26.1%6.6%5 $26.23
11/30/20215,410,000 shares $152.02 million -23.2%5.2%3.8 $28.10
11/15/20217,040,000 shares $257.31 million -4.2%6.8%5.2 $36.55
10/29/20217,350,000 shares $227.78 million +18.6%7.1%5.9 $30.99
10/15/20216,200,000 shares $175.03 million +10.3%6.0%5 $28.23
9/30/20215,620,000 shares $156.69 million +17.6%5.4%3.7 $27.88
9/15/20214,780,000 shares $155.16 million +5.8%4.6%3.2 $32.46
8/31/20214,520,000 shares $147.22 million -12.1%4.4%3 $32.57
8/13/20215,140,000 shares $169.72 million No Change5.0%3.2 $33.02

SHLS Short Interest - Frequently Asked Questions

What is Shoals Technologies Group's current short interest?

Short interest is the volume of Shoals Technologies Group shares that have been sold short but have not yet been covered or closed out. As of June 30th, investors have sold 26,980,000 shares of SHLS short. 16.28% of Shoals Technologies Group's shares are currently sold short. Learn More on Shoals Technologies Group's current short interest.

What is a good short interest ratio for Shoals Technologies Group?

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. SHLS shares currently have a short interest ratio of 5.0. Learn More on Shoals Technologies Group's short interest ratio.

Which institutional investors are shorting Shoals Technologies Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Shoals Technologies Group: Walleye Trading LLC, Jane Street Group LLC, PEAK6 Investments LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Shoals Technologies Group?

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. 16.28% of Shoals Technologies Group's floating shares are currently sold short.

Is Shoals Technologies Group's short interest increasing or decreasing?

Shoals Technologies Group saw a increase in short interest in June. As of June 30th, there was short interest totaling 26,980,000 shares, an increase of 5.7% from the previous total of 25,532,200 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 Shoals Technologies Group's float size?

Shoals Technologies Group currently has issued a total of 170,420,000 shares. Some of Shoals Technologies Group'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. Shoals Technologies Group currently has a public float of 165,730,000 shares.

How does Shoals Technologies Group's short interest compare to its competitors?

16.28% of Shoals Technologies Group's shares are currently sold short. Here is how the short interest of companies in the industry of "semiconductors & related devices" compare to Shoals Technologies Group: Power Integrations, Inc. (6.98%), IPG Photonics Co. (5.13%), Silicon Laboratories Inc. (5.26%), Diodes Incorporated (4.74%), Synaptics Incorporated (7.29%), SiTime Co. (6.95%), Wolfspeed, Inc. (17.05%), Kulicke and Soffa Industries, Inc. (7.95%), Silicon Motion Technology Co. (2.01%), Ambarella, Inc. (5.73%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.71 billion), TC Energy Co. ($2.95 billion), Moderna, Inc. ($2.63 billion), Royal Caribbean Cruises Ltd. ($2.53 billion), Paychex, Inc. ($2.03 billion), Cencora, Inc. ($2.03 billion), Tractor Supply ($1.91 billion), Rivian Automotive, Inc. ($1.78 billion), Chesapeake Energy Co. ($1.50 billion), and United Therapeutics Co. ($1.40 billion). View all of the most shorted stocks.

What does it mean to sell short Shoals Technologies Group stock?

Short selling SHLS is an investing strategy that aims to generate trading profit from Shoals Technologies Group as its price is falling. SHLS shares are trading up $0.46 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 Shoals Technologies Group?

A short squeeze for Shoals Technologies Group 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 SHLS, which in turn drives the price of the stock up even further.

How often is Shoals Technologies Group'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 SHLS, twice per month. The most recent reporting period available is June, 30 2024.



This page (NASDAQ:SHLS) was last updated on 7/13/2024 by MarketBeat.com Staff

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