The Simply Good Foods Short Interest Ratio and Short Volume

+0.51 (+1.57 %)
(As of 04/15/2021 12:00 AM ET)
Today's Range
Now: $33.09
50-Day Range
MA: $31.15
52-Week Range
Now: $33.09
Volume319,743 shs
Average Volume717,646 shs
Market Capitalization$3.17 billion
P/E Ratio52.52
Dividend YieldN/A

Short Interest

The Simply Good Foods (NASDAQ:SMPL) Short Interest Data

Current Short Volume3,410,000 shares
Previous Short Volume3,980,000 shares
Change Vs. Previous Month:-14.32%
Dollar Volume Sold Short$111.20 million
Short Interest Ratio / Days to Cover4.9
Last Record DateMarch, 31 2021
Outstanding Shares81,830,000 shares
Percentage of Shares Shorted3.56%
Today's Trading Volume319,743 shares
Average Trading Volume717,646 shares
Today's Volume Vs. Average-55.45%

Short Interest Over Time

The Simply Good Foods (NASDAQ:SMPL) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20213,410,000 shares $111.20 million -14.3%N/A4.9 $32.61
3/15/20213,980,000 shares $122.19 million +1.3%N/A3.6 $30.70
2/26/20213,930,000 shares $132.64 million -0.8%N/A3.9 $33.75
2/12/20213,960,000 shares $115.51 million -9.0%N/A3.7 $29.17
1/29/20214,350,000 shares $130.46 million -13.9%N/A3.8 $29.99
1/15/20215,050,000 shares $145.34 million -20.6%N/A4 $28.78
12/31/20203,230,000 shares $95.06 million +14.5%N/A3.6 $29.43
12/15/20203,230,000 shares $98.35 million +14.5%N/A3.6 $30.45
11/30/20202,820,000 shares $72.59 million -14.6%N/A3.6 $25.74
11/15/20203,300,000 shares $71.74 million +33.1%N/A4.6 $21.74
10/30/20202,480,000 shares $59.25 million -4.3%N/A3.9 $23.89
10/15/20202,590,000 shares $52.50 million -15.1%N/A4.7 $20.27
9/30/20203,050,000 shares $67.65 million -7.3%N/A5.1 $22.18
9/15/20203,290,000 shares $71.62 million -9.4%N/A3.9 $21.77
8/31/20203,630,000 shares $82.55 million -15.8%N/A3.9 $22.74
8/14/20204,310,000 shares $106.41 million -10.8%N/A4 $24.69
7/31/20204,830,000 shares $120.46 million +6.9%N/A4.1 $24.94
7/15/20204,520,000 shares $108.66 million -11.9%N/A3.5 $24.04
6/30/20205,130,000 shares $123.12 million +23.9%N/A3.6 $24.00
6/15/20204,140,000 shares $78.12 million +22.1%N/A3.1 $18.87
5/29/20203,390,000 shares $63.60 million -5.6%N/A2.4 $18.76
5/15/20203,590,000 shares $61.14 million -0.6%N/A2.4 $17.03
4/30/20203,610,000 shares $64.55 million +19.1%N/A2.5 $17.88
4/15/20203,030,000 shares $59.21 million -18.1%N/A2.1 $19.54
3/31/20203,700,000 shares $65.34 million -9.1%N/A2.3 $17.66

The Simply Good Foods (NASDAQ:SMPL) Short Interest FAQ

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What is The Simply Good Foods' current short interest?

Short interest is the volume of The Simply Good Foods shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 3,410,000 shares of SMPL short.

What is a good short interest ratio for The Simply Good Foods?

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 Simply Good Foods currently has a short interest ratio of 5.0.

Is The Simply Good Foods' short interest increasing or decreasing?

The Simply Good Foods saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 3,410,000 shares, a decrease of 14.3% from the previous total of 3,980,000 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 The Simply Good Foods' short interest compare to its competitors?

0.00% of The Simply Good Foods' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "thrifts & mortgage finance" compare to The Simply Good Foods: People's United Financial, Inc. (0.00%), New York Community Bancorp, Inc. (4.48%), TFS Financial Co. (1.82%), MGIC Investment Co. (8.49%), Radian Group Inc. (8.54%), Walker & Dunlop, Inc. (2.42%), LendingTree, Inc. (16.74%), Washington Federal, Inc. (1.39%), WSFS Financial Co. (4.30%), and Capitol Federal Financial, Inc. (3.32%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short The Simply Good Foods stock?

Short selling SMPL is an investing strategy that aims to generate trading profit from The Simply Good Foods as its price is falling. The Simply Good Foods' stock is trading up $0.51 today. To short The Simply Good Foods 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 Simply Good Foods 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 Simply Good Foods?

A short squeeze for The Simply Good Foods 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 SMPL, which in turn drives the price of the stock up even further.

How often is The Simply Good Foods' 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 SMPL, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/16/2021 by Staff
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