Tractor Supply Short Interest Ratio and Short Volume

Short interest is the volume of Tractor Supply shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 7,360,000 shares of TSCO short. 6.37% of Tractor Supply's shares are currently sold short. View details.

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. Tractor Supply currently has a short interest ratio of 6.0.

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. 6.37% of Tractor Supply's floating shares are currently sold short.

Tractor Supply saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 7,360,000 shares, an increase of 4.2% from the previous total of 7,060,000 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.

Tractor Supply currently has issued a total of 116,224,000 shares. Some of Tractor Supply'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. Tractor Supply currently has a public float of 115,480,000 shares.

6.37% of Tractor Supply's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "specialty stores" compare to Tractor Supply: Tiffany & Co. (5.49%), Ulta Beauty Inc (4.33%), Five Below Inc (10.04%), Dicks Sporting Goods Inc (21.60%), Sally Beauty Holdings, Inc. (20.06%), Office Depot Inc (6.16%), Signet Jewelers Ltd. (26.52%), Hibbett Sports, Inc. (27.60%), Winmark Co. (2.53%), and MarineMax Inc (7.60%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.17 billion), Aon PLC ($3.57 billion), ViacomCBS Inc. ($3.01 billion), Clorox Co ($2.91 billion), Charles Schwab Co. ($2.80 billion), Mercadolibre Inc ($2.33 billion), Analog Devices, Inc. ($2.14 billion), Kroger Co ($1.99 billion), Moderna Inc ($1.96 billion), and Simon Property Group Inc ($1.80 billion). View all of the most shorted stocks.

Short selling TSCO is an investing strategy that aims to generate trading profit from Tractor Supply as its price is falling. Tractor Supply's stock is trading up $2.81 today. To short Tractor Supply 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 Tractor Supply 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 Tractor Supply 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 TSCO, 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 TSCO, twice per month. The most recent reporting period available is September, 15 2020.