Take-Two Interactive Software (TTWO) Short Interest Ratio & Short Volume

Short interest is the volume of Take-Two Interactive Software shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 6,370,000 shares of TTWO short. Learn More on Take-Two Interactive Software'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. TTWO shares currently have a short interest ratio of 4.0. Learn More on Take-Two Interactive Software's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Take-Two Interactive Software: JPMorgan Chase & Co., Susquehanna International Group LLP, Jane Street Group LLC, Squarepoint Ops LLC, Balyasny Asset Management L.P., Cubist Systematic Strategies LLC, Belvedere Trading LLC, Two Sigma Securities LLC, HBK Investments L P, Group One Trading L.P., BNP Paribas Arbitrage SNC, PEAK6 Investments LLC, Clear Street Markets LLC, Bank of America Corp DE, UBS Group AG, HighTower Advisors LLC, Capula Management Ltd, Capstone Investment Advisors LLC, Wolverine Asset Management LLC, Barclays PLC, Portman Square Capital LLP, XR Securities LLC, Cutler Group LLC CA, Equitec Proprietary Markets LLC, Simplex Trading LLC, and Washington Capital Management Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Take-Two Interactive Software saw a drop in short interest in May. As of May 15th, there was short interest totaling 6,370,000 shares, a drop of 9.3% from the previous total of 7,020,000 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.

Here is how the short interest of companies in the sector of "consumer discretionary" compare to Take-Two Interactive Software: Activision Blizzard, Inc. (3.25%), Roblox Co. (4.54%), Electronic Arts Inc. (2.33%), Rogers Communications Inc. (1.87%), Trip.com Group Limited (2.72%), DraftKings Inc. (3.54%), Royal Caribbean Cruises Ltd. (8.48%), Live Nation Entertainment, Inc. (8.41%), Vail Resorts, Inc. (2.39%), Warner Bros. Discovery, Inc. (3.62%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling TTWO is an investing strategy that aims to generate trading profit from Take-Two Interactive Software as its price is falling. TTWO shares are trading down $0.55 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 Take-Two Interactive Software 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 TTWO, 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 TTWO, twice per month. The most recent reporting period available is May, 15 2023.