American Axle & Manufacturing Short Interest Ratio and Short Volume

+0.13 (+1.38 %)
(As of 04/16/2021 12:00 AM ET)
Today's Range
Now: $9.54
50-Day Range
MA: $10.37
52-Week Range
Now: $9.54
Volume847,410 shs
Average Volume2.01 million shs
Market Capitalization$1.09 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

American Axle & Manufacturing (NYSE:AXL) Short Interest Data

Current Short Volume6,570,000 shares
Previous Short Volume6,120,000 shares
Change Vs. Previous Month:+7.35%
Dollar Volume Sold Short$61.96 million
Short Interest Ratio / Days to Cover3.3
Last Record DateMarch, 31 2021
Outstanding Shares112,470,000 shares
Float Size109,460,000 shares
Short Percent of Float6.00%
Today's Trading Volume847,410 shares
Average Trading Volume2,012,990 shares
Today's Volume Vs. Average-57.90%

Short Interest Over Time

American Axle & Manufacturing (NYSE:AXL) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20216,570,000 shares $61.96 million +7.4%6.0%3.3 $9.43
3/15/20216,120,000 shares $58.81 million -13.6%5.6%2.9 $9.61
2/26/20217,080,000 shares $81.63 million +34.9%6.5%3.6 $11.53
2/12/20215,250,000 shares $51.29 million -12.9%4.8%2.7 $9.77
1/29/20216,030,000 shares $62.89 million -13.1%5.5%3.2 $10.43
1/15/20216,940,000 shares $62.60 million +4.5%6.3%3.7 $9.02
12/31/20206,100,000 shares $54.78 million -13.1%5.6%3.3 $8.98
12/15/20206,100,000 shares $50.20 million -13.1%5.6%3.3 $8.23
11/30/20207,020,000 shares $52.79 million -5.9%6.4%3.6 $7.52
11/15/20207,460,000 shares $59.38 million -6.9%6.8%3.8 $7.96
10/30/20208,010,000 shares $61.60 million -0.7%7.3%4.2 $7.69
10/15/20208,070,000 shares $54.80 million +7.3%7.4%4.2 $6.79
9/30/20207,520,000 shares $51.74 million +26.6%6.9%4 $6.88
9/15/20205,940,000 shares $29.94 million -8.3%5.4%3.3 $5.04
8/31/20206,480,000 shares $47.63 million -2.7%5.9%4 $7.35
8/14/20206,660,000 shares $53.15 million -3.3%6.1%3.6 $7.98
7/31/20206,890,000 shares $54.36 million -17.3%6.3%3.2 $7.89
7/15/20208,330,000 shares $58.81 million -8.2%7.6%3.6 $7.06
6/30/20209,070,000 shares $67.93 million +2.3%8.3%3.6 $7.49
6/15/20208,870,000 shares $64.57 million -8.8%8.1%3.3 $7.28
5/29/20209,730,000 shares $68.89 million -5.0%8.9%3.3 $7.08
5/15/202010,240,000 shares $72.81 million -4.8%9.4%3.4 $7.11
4/30/202010,760,000 shares $85.11 million -4.2%9.9%3.9 $7.91
4/15/202011,230,000 shares $63.11 million +6.5%10.3%4.6 $5.62
3/31/202010,550,000 shares $37.98 million -4.7%9.7%4.5 $3.60

American Axle & Manufacturing (NYSE:AXL) Short Interest FAQ

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What is American Axle & Manufacturing's current short interest?

Short interest is the volume of American Axle & Manufacturing shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 6,570,000 shares of AXL short. 6.00% of American Axle & Manufacturing's shares are currently sold short. View details.

What is a good short interest ratio for American Axle & Manufacturing?

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. American Axle & Manufacturing currently has a short interest ratio of 3.0.

What is a good short interest percentage for American Axle & Manufacturing?

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. 6.00% of American Axle & Manufacturing's floating shares are currently sold short.

Is American Axle & Manufacturing's short interest increasing or decreasing?

American Axle & Manufacturing saw a increase in short interest in March. As of March 31st, there was short interest totaling 6,570,000 shares, an increase of 7.4% from the previous total of 6,120,000 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.

What is American Axle & Manufacturing's float size?

American Axle & Manufacturing currently has issued a total of 113,910,000 shares. Some of American Axle & Manufacturing's 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. American Axle & Manufacturing currently has a public float of 109,460,000 shares.

How does American Axle & Manufacturing's short interest compare to its competitors?

6.00% of American Axle & Manufacturing's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "auto parts & equipment" compare to American Axle & Manufacturing: Aptiv PLC (0.00%), BorgWarner Inc. (0.00%), Lear Co. (1.98%), Gentex Co. (1.18%), Allison Transmission Holdings, Inc. (5.26%), Dana Incorporated (1.76%), LCI Industries (2.73%), Dorman Products, Inc. (2.31%), Gentherm Incorporated (1.85%), and Standard Motor Products, Inc. (1.67%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short American Axle & Manufacturing stock?

Short selling AXL is an investing strategy that aims to generate trading profit from American Axle & Manufacturing as its price is falling. American Axle & Manufacturing's stock is trading up $0.13 today. To short American Axle & Manufacturing 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 American Axle & Manufacturing 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.

How does a short squeeze work against American Axle & Manufacturing?

A short squeeze for American Axle & Manufacturing 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 AXL, which in turn drives the price of the stock up even further.

How often is American Axle & Manufacturing's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including AXL, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/18/2021 by MarketBeat.com Staff
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