Texas Instruments Short Interest Ratio and Short Volume

Short interest is the volume of Texas Instruments shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 13,410,000 shares of TXN short. 1.46% of Texas Instruments' 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. Texas Instruments currently has a short interest ratio of 3.0.

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. 1.46% of Texas Instruments' floating shares are currently sold short.

Texas Instruments saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 13,410,000 shares, an increase of 8.7% from the previous total of 12,340,000 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.

Texas Instruments currently has issued a total of 917,942,000 shares. Some of Texas Instruments' 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. Texas Instruments currently has a public float of 916,520,000 shares.

1.46% of Texas Instruments' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "semiconductors" compare to Texas Instruments: NVIDIA Co. (0.95%), Intel Co. (1.79%), Broadcom Inc. (0.91%), Micron Technology, Inc. (0.00%), Analog Devices, Inc. (7.63%), Microchip Technology Incorporated (0.00%), Marvell Technology Group Ltd. (0.00%), Xilinx, Inc. (2.80%), Skyworks Solutions, Inc. (2.08%), and Maxim Integrated Products, Inc. (4.28%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

Short selling TXN is an investing strategy that aims to generate trading profit from Texas Instruments as its price is falling. Texas Instruments' stock is trading down $2.29 today. To short Texas Instruments 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 Texas Instruments 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 Texas Instruments 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 TXN, 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 TXN, twice per month. The most recent reporting period available is December, 31 2020.