Caterpillar (CAT) Short Interest Ratio & Short Volume

Short interest is the volume of Caterpillar shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 7,540,000 shares of CAT short. 1.47% of Caterpillar's shares are currently sold short. Learn More on Caterpillar'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. CAT shares currently have a short interest ratio of 2.0. Learn More on Caterpillar's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Caterpillar: JPMorgan Chase & Co., Susquehanna International Group LLP, Jane Street Group LLC, Squarepoint Ops LLC, Balyasny Asset Management L.P., Maple Rock Capital Partners Inc., Masters Capital Management LLC, Cubist Systematic Strategies LLC, Lido Advisors LLC, Polar Asset Management Partners Inc., SG3 Management LLC, Nomura Holdings Inc., Two Sigma Securities LLC, Interval Partners LP, HAP Trading LLC, Eisler Capital UK Ltd., Eisler Capital US LLC, Group One Trading L.P., BlackRock Inc., BNP Paribas Arbitrage SNC, PEAK6 Investments LLC, Bank of America Corp DE, UBS Group AG, WS Management Lllp, Citigroup Inc., Garda Capital Partners LP, Capula Management Ltd, Twin Tree Management LP, Capstone Investment Advisors LLC, Gladius Capital Management LP, Wolverine Asset Management LLC, XY Capital Ltd, Barclays PLC, Easterly Investment Partners LLC, XR Securities LLC, Cutler Group LLC CA, SG Americas Securities LLC, Simplex Trading LLC, D.A. Davidson & CO., Cadent Capital Advisors LLC, and FNY Investment Advisers LLC. 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. 1.47% of Caterpillar's floating shares are currently sold short.

Caterpillar saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,540,000 shares, an increase of 14.6% from the previous total of 6,580,000 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.

Caterpillar currently has issued a total of 515,360,000 shares. Some of Caterpillar'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. Caterpillar currently has a public float of 514,590,000 shares.

1.47% of Caterpillar's shares are currently sold short. Here is how the short interest of companies in the sector of "industrial products" compare to Caterpillar: Deere & Company (0.90%), Eaton Co. plc (1.14%), Illinois Tool Works Inc. (1.91%), Cintas Co. (1.41%), Emerson Electric Co. (0.86%), Parker-Hannifin Co. (1.27%), Johnson Controls International plc (1.15%), Rockwell Automation, Inc. (2.64%), W.W. Grainger, Inc. (2.63%), Astec Industries, Inc. (1.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling CAT is an investing strategy that aims to generate trading profit from Caterpillar as its price is falling. CAT shares are trading up $17.43 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 Caterpillar 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 CAT, 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 CAT, twice per month. The most recent reporting period available is May, 15 2023.