Advanced Disposal Services (ADSW) Short Interest Ratio & Short Volume

Short interest is the volume of Advanced Disposal Services shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 11,650,000 shares of ADSW short. Learn More on Advanced Disposal Services' 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. ADSW shares currently have a short interest ratio of 14.0. Learn More on Advanced Disposal Services's short interest ratio.

Advanced Disposal Services saw a increase in short interest in October. As of October 15th, there was short interest totaling 11,650,000 shares, an increase of 3.5% from the previous total of 11,260,000 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 compare to Advanced Disposal Services: Casella Waste Systems, Inc. (2.85%), Quest Resource Holding Co. (0.12%), GFL Environmental Inc. (3.04%), SPS Commerce, Inc. (1.64%), Vontier Co. (1.28%), TriNet Group, Inc. (1.97%), Klaviyo, Inc. (8.33%), Shift4 Payments, Inc. (8.78%), FTI Consulting, Inc. (1.36%), Genpact Limited (2.48%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.12 billion), Aon plc ($3.90 billion), The Clorox Company ($3.00 billion), Analog Devices, Inc. ($2.81 billion), The Kroger Co. ($2.31 billion), Moderna, Inc. ($2.09 billion), Datadog, Inc. ($2.05 billion), Uber Technologies, Inc. ($1.99 billion), Peloton Interactive, Inc. ($1.94 billion), and International Flavors & Fragrances Inc. ($1.85 billion). View all of the most shorted stocks.

Short selling ADSW is an investing strategy that aims to generate trading profit from Advanced Disposal Services as its price is falling. 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 Advanced Disposal Services occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ADSW, 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 ADSW, twice per month. The most recent reporting period available is October, 15 2020.