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Synopsys Short Interest Ratio and Short Volume

+2.03 (+0.90 %)
(As of 10/20/2020 12:00 AM ET)
Today's Range
Now: $226.40
50-Day Range
MA: $212.63
52-Week Range
Now: $226.40
Volume550,475 shs
Average Volume1.05 million shs
Market Capitalization$34.36 billion
P/E Ratio56.04
Dividend YieldN/A

Short Interest

Synopsys (NASDAQ:SNPS) Short Interest Data

Current Short Volume:1,740,000 shares
Previous Short Volume:1,530,000 shares
Change Vs. Previous Month:+13.73%
Dollar Volume Sold Short:$397.03 million
Short Interest Ratio / Days to Cover:2.0
Last Record Date:September, 30 2020
Outstanding Shares:149,900,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:550,475 shares
Average Trading Volume:1,051,884 shares
Today's Volume Vs. Average:-47.67%

Synopsys (NASDAQ:SNPS) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/30/20201,740,000 $397.03 million 13.7%0.0%2.2$228.18
9/15/20201,530,000 $319.01 million -13.6%0.0%1.9$208.50
8/31/20201,770,000 $364.81 million 10.6%0.0%2.1$206.11
8/14/20201,600,000 $360.54 million -6.4%0.0%1.8$225.34
7/31/20201,710,000 $341.47 million -7.1%1.1%1.9$199.69
7/15/20201,840,000 $366.56 million -7.5%1.2%1.9$199.22
6/30/20201,990,000 $384.81 million -1.0%1.3%2$193.37
6/15/20202,010,000 $397.16 million 3.1%1.3%1.8$197.59
5/29/20201,950,000 $368.94 million 8.3%1.3%1.6$189.20
5/15/20201,800,000 $325.64 million -24.7%1.2%1.3$180.91
4/30/20202,390,000 $407.30 million -5.2%1.6%1.6$170.42
4/15/20202,520,000 $407.18 million -6.0%1.7%1.7$161.58
3/31/20202,680,000 $410.12 million -28.9%1.8%1.9$153.03
3/13/20203,768,800 $514.74 million 16.0%2.5%2.3$136.58
2/28/20203,250,000 $352.56 million 51.2%2.2%2.6$108.48
2/14/20202,150,000 $290.66 million 22.2%1.4%1.9$135.19
1/31/20201,760,000 $249.99 million -21.1%1.2%1.8$142.04
1/15/20202,230,000 $352.83 million 4.7%1.5%2.3$158.22
12/31/20192,130,000 $328.13 million 17.0%1.4%2.3$154.05
8/15/20191,760,300 $240.49 million -11.3%1.2%1.5$136.62

Synopsys (NASDAQ:SNPS) Short Interest FAQ

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What is Synopsys' current short interest?

Short interest is the volume of Synopsys shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 1,740,000 shares of SNPS short. 0.00% of Synopsys' shares are currently sold short. View details.

What is a good short interest ratio for Synopsys?

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. Synopsys currently has a short interest ratio of 2.0.

Is Synopsys' short interest increasing or decreasing?

Synopsys saw a increase in short interest in September. As of September 30th, there was short interest totaling 1,740,000 shares, an increase of 13.7% from the previous total of 1,530,000 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 Synopsys' short interest compare to its competitors?

0.00% of Synopsys' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "application software" compare to Synopsys: Adobe Inc. (0.92%), salesforce.com, inc. (0.00%), Intuit Inc. (1.02%), Autodesk, Inc. (0.95%), Workday Inc (0.00%), Splunk Inc (0.00%), Cadence Design Systems, Inc. (0.83%), ANSYS, Inc. (0.00%), Citrix Systems, Inc. (2.99%), and SS&C Technologies Holdings, Inc. (0.96%).

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 ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 billion). View all of the most shorted stocks.

What does it mean to sell short Synopsys stock?

Short selling SNPS is an investing strategy that aims to generate trading profit from Synopsys as its price is falling. Synopsys' stock is trading up $2.03 today. To short Synopsys 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 Synopsys 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 Synopsys?

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

How often is Synopsys' 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 SNPS, twice per month. The most recent reporting period available is September, 30 2020.

This page was last updated on 10/21/2020 by MarketBeat.com Staff

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