Target Hospitality (TH) Short Interest Ratio & Short Volume

Short interest is the volume of Target Hospitality shares that have been sold short but have not yet been covered or closed out. As of May 31st, traders have sold 2,330,000 shares of TH short. 7.25% of Target Hospitality's shares are currently sold short. Learn More on Target Hospitality'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. TH shares currently have a short interest ratio of 5.0. Learn More on Target Hospitality's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Target Hospitality: DLD Asset Management LP, Jane Street Group LLC, HBK Investments L P, Caption Management LLC, Walleye Trading LLC, DLD Asset Management LP, and Simplex Trading LLC. 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. 7.25% of Target Hospitality's floating shares are currently sold short.

Target Hospitality saw a increase in short interest in May. As of May 31st, there was short interest totaling 2,330,000 shares, an increase of 23.9% from the previous total of 1,880,000 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.

Target Hospitality currently has issued a total of 99,365,000 shares. Some of Target Hospitality'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. Target Hospitality currently has a public float of 32,150,000 shares.

7.25% of Target Hospitality's shares are currently sold short. Here is how the short interest of companies in the industry of "restaurants, hotels, motels" compare to Target Hospitality: Park Hotels & Resorts Inc. (13.78%), Playa Hotels & Resorts (2.29%), Sweetgreen, Inc. (16.41%), Arcos Dorados Holdings Inc. (2.25%), Super Hi International Holding Ltd. (0.01%), Soho House & Co Inc. (5.46%), Cannae Holdings, Inc. (4.29%), Xenia Hotels & Resorts, Inc. (3.61%), First Watch Restaurant Group, Inc. (12.64%), Portillo's Inc. (15.23%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), Strategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 billion). View all of the most shorted stocks.

Short selling TH is an investing strategy that aims to generate trading profit from Target Hospitality as its price is falling. TH shares are trading down $0.18 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 Target Hospitality 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 TH, 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 TH, twice per month. The most recent reporting period available is May, 31 2025.