YRC Worldwide (YRCW) Short Interest Ratio & Short Volume

Short interest is the volume of YRC Worldwide shares that have been sold short but have not yet been covered or closed out. As of January 15th, traders have sold 1,400,000 shares of YRCW short. Learn More on YRC Worldwide'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. YRCW shares currently have a short interest ratio of 1.0. Learn More on YRC Worldwide's short interest ratio.

YRC Worldwide saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,400,000 shares, an increase of 6.9% from the previous total of 1,310,000 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 "transportation" compare to YRC Worldwide: P.A.M. Transportation Services, Inc. (0.16%), Covenant Logistics Group, Inc. (1.32%), Heartland Express, Inc. (3.63%), Universal Logistics Holdings, Inc. (1.65%), Marten Transport, Ltd. (1.41%), Overseas Shipholding Group, Inc. (0.85%), Cool Company Ltd. (0.74%), Willis Lease Finance Co. (1.20%), Spirit Airlines, Inc. (26.90%), Pangaea Logistics Solutions, Ltd. (1.45%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($6.62 billion), Analog Devices, Inc. ($4.85 billion), Aon plc ($4.66 billion), DuPont de Nemours, Inc. ($3.84 billion), International Flavors & Fragrances Inc. ($3.60 billion), Moderna, Inc. ($3.22 billion), Snap Inc. ($3.21 billion), Snowflake Inc. ($2.82 billion), The Kroger Co. ($2.52 billion), and Peloton Interactive, Inc. ($2.51 billion). View all of the most shorted stocks.

Short selling YRCW is an investing strategy that aims to generate trading profit from YRC Worldwide as its price is falling. YRCW shares are trading down $0.14 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 YRC Worldwide 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 YRCW, 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 YRCW, twice per month. The most recent reporting period available is January, 15 2021.