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AXIS Capital Short Interest Ratio and Short Volume

-0.10 (-0.22 %)
(As of 10/29/2020 12:00 AM ET)
Today's Range
Now: $44.52
50-Day Range
MA: $45.20
52-Week Range
Now: $44.52
Volume883,307 shs
Average Volume824,839 shs
Market Capitalization$3.75 billion
P/E RatioN/A
Dividend Yield3.68%

Short Interest

AXIS Capital (NYSE:AXS) Short Interest Data

Current Short Volume:1,950,000 shares
Previous Short Volume:2,450,000 shares
Change Vs. Previous Month:-20.41%
Dollar Volume Sold Short:$88.57 million
Short Interest Ratio / Days to Cover:2.0
Last Record Date:October, 15 2020
Outstanding Shares:83,930,000 shares
Float Size:72,520,000 shares
Short Percent of Float:2.69%
Today's Trading Volume:883,307 shares
Average Trading Volume:824,839 shares
Today's Volume Vs. Average:7.09%

AXIS Capital (NYSE:AXS) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/15/20201,950,000 $88.57 million -20.4%2.7%2.5$45.42
9/30/20202,450,000 $108.78 million -11.6%3.4%2.9$44.40
9/15/20202,770,000 $118.86 million 9.5%3.8%2.9$42.91
8/31/20202,530,000 $115.04 million 62.2%3.5%2.5$45.47
8/14/20201,560,000 $75.96 million 12.2%2.1%1.6$48.69
7/31/20201,390,000 $63.51 million -17.8%1.8%1.5$45.69
7/15/20201,690,000 $67.80 million -24.6%2.1%1.8$40.12
6/30/20202,240,000 $91.64 million 73.6%2.8%2.2$40.91
6/15/20201,290,000 $51.43 million 15.2%1.6%1.4$39.87
5/29/20201,120,000 $46.88 million -47.9%1.4%1.2$41.86
5/15/20202,150,000 $80.71 million 82.2%2.6%2.3$37.54
4/30/20201,180,000 $46.21 million 16.8%1.4%1.3$39.16
4/15/20201,010,000 $38.25 million 154.9%1.2%1.3$37.87
3/31/2020396,200 $13.51 million -45.1%0.5%0.6$34.10
3/13/2020722,100 $30.60 million -10.3%0.9%1.4$42.37
2/28/2020805,000 $28.71 million 10.6%1.0%1.6$35.66
2/14/2020727,700 $37.66 million -28.7%0.9%1.4$51.75
1/31/20201,020,000 $63.24 million 25.5%1.3%2$62.00
1/15/2020813,000 $52.97 million -4.0%1.0%1.5$65.15
12/31/2019847,100 $52.58 million 57.6%1.0%1.5$62.07
7/31/20191,248,700 $80.14 million 5.9%1.5%2.5$64.18

AXIS Capital (NYSE:AXS) Short Interest FAQ

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What is AXIS Capital's current short interest?

Short interest is the volume of AXIS Capital shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 1,950,000 shares of AXS short. 2.69% of AXIS Capital's shares are currently sold short. View details.

What is a good short interest ratio for AXIS Capital?

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. AXIS Capital currently has a short interest ratio of 2.0.

What is a good short interest percentage for AXIS Capital?

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. 2.69% of AXIS Capital's floating shares are currently sold short.

Is AXIS Capital's short interest increasing or decreasing?

AXIS Capital saw a decline in short interest in October. As of October 15th, there was short interest totaling 1,950,000 shares, a decline of 20.4% from the previous total of 2,450,000 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 AXIS Capital's float size?

AXIS Capital currently has issued a total of 84,307,000 shares. Some of AXIS Capital'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. AXIS Capital currently has a public float of 72,520,000 shares.

How does AXIS Capital's short interest compare to its competitors?

2.69% of AXIS Capital's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "property & casualty insurance" compare to AXIS Capital: Berkshire Hathaway Inc. (0.76%), The Progressive Co. (1.13%), Travelers Companies Inc (2.00%), The Allstate Co. (1.98%), Markel Co. (0.64%), Arch Capital Group Ltd. (0.86%), Cincinnati Financial Co. (3.06%), Erie Indemnity (3.13%), W. R. Berkley Co. (1.09%), and CNA Financial Co. (0.26%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($4.68 billion), Aon Plc ($3.70 billion), Clorox Co ($2.93 billion), ViacomCBS Inc. ($2.88 billion), Analog Devices, Inc. ($2.75 billion), Snap Inc. ($2.72 billion), Kroger Co ($2.21 billion), Uber Technologies, Inc. ($1.94 billion), Moderna, Inc. ($1.93 billion), and Datadog, Inc. ($1.83 billion). View all of the most shorted stocks.

What does it mean to sell short AXIS Capital stock?

Short selling AXS is an investing strategy that aims to generate trading profit from AXIS Capital as its price is falling. AXIS Capital's stock is trading down $0.10 today. To short AXIS Capital 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 AXIS Capital 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 AXIS Capital?

A short squeeze for AXIS Capital 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 AXS, which in turn drives the price of the stock up even further.

How often is AXIS Capital'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 AXS, twice per month. The most recent reporting period available is October, 15 2020.

This page was last updated on 10/30/2020 by MarketBeat.com Staff

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