Wynn Resorts - WYNN Short Interest Ratio & Short Volume

Short interest is the volume of Wynn Resorts shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 6,900,000 shares of WYNN short. 7.17% of Wynn Resorts' shares are currently sold short. Learn More on Wynn Resorts' 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. WYNN shares currently have a short interest ratio of 2.0. Learn More on Wynn Resorts's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Wynn Resorts: Parallax Volatility Advisers L.P., CMT Capital Markets Trading GmbH, Jane Street Group LLC, BNP Paribas Arbitrage SNC, Parallax Volatility Advisers L.P., Laurion Capital Management LP, Caas Capital Management LP, Capital Fund Management S.A., Citadel Advisors LLC, Royal Bank of Canada, Cubist Systematic Strategies LLC, Wolverine Trading LLC, Verition Fund Management LLC, Centiva Capital LP, UBS Oconnor LLC, Capstone Investment Advisors LLC, Twin Tree Management LP, Wolverine Asset Management LLC, Bank of Montreal Can, UBS Group AG, Group One Trading L.P., IMC Chicago LLC, Clear Street Markets LLC, Cutler Group LLC CA, XR Securities LLC, and National Bank of Canada FI. 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. 7.17% of Wynn Resorts' floating shares are currently sold short.

Wynn Resorts saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 6,900,000 shares, a decrease of 22.8% from the previous total of 8,940,000 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.

Wynn Resorts currently has issued a total of 113,314,000 shares. Some of Wynn Resorts' 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. Wynn Resorts currently has a public float of 96,180,000 shares.

7.17% of Wynn Resorts' shares are currently sold short. Here is how the short interest of companies in the industry of "hotels & motels" compare to Wynn Resorts: Caesars Entertainment, Inc. (5.49%), Boyd Gaming Co. (6.25%), PENN Entertainment, Inc. (7.59%), MGM Resorts International (5.39%), Las Vegas Sands Corp. (5.69%), InterContinental Hotels Group PLC (0.24%), Hyatt Hotels Co. (3.63%), Wyndham Hotels & Resorts, Inc. (3.20%), Choice Hotels International, Inc. (5.08%), and H World Group Limited (2.38%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.34 billion), Occidental Petroleum Co. ($4.15 billion), T. Rowe Price Group, Inc. ($2.41 billion), Diamondback Energy, Inc. ($2.05 billion), Coinbase Global, Inc. ($1.75 billion), Lucid Group, Inc. ($1.66 billion), PG&E Co. ($1.62 billion), Rivian Automotive, Inc. ($1.62 billion), Etsy, Inc. ($1.61 billion), and Old Dominion Freight Line, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling WYNN is an investing strategy that aims to generate trading profit from Wynn Resorts as its price is falling. WYNN shares are trading up $3.26 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 Wynn Resorts 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 WYNN, 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 WYNN, twice per month. The most recent reporting period available is November, 15 2022.