EastGroup Properties - EGP Short Interest Ratio & Short Volume

Short interest is the volume of EastGroup Properties shares that have been sold short but have not yet been covered or closed out. As of February 28th, traders have sold 706,600 shares of EGP short. Learn More on EastGroup Properties' 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. EGP shares currently have a short interest ratio of 3.0. Learn More on EastGroup Properties's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of EastGroup Properties: Susquehanna International Group LLP, Twin Tree Management LP, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

EastGroup Properties saw a decrease in short interest in February. As of February 28th, there was short interest totaling 706,600 shares, a decrease of 20.6% from the previous total of 889,900 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 industry of "real estate investment trusts" compare to EastGroup Properties: First Industrial Realty Trust, Inc. (2.24%), STAG Industrial, Inc. (2.21%), Healthcare Realty Trust Incorporated (2.74%), Americold Realty Trust, Inc. (1.55%), Omega Healthcare Investors, Inc. (10.58%), Agree Realty Co. (5.96%), Federal Realty Investment Trust (1.77%), National Retail Properties, Inc. (1.53%), Brixmor Property Group Inc. (1.70%), and AGNC Investment Corp. (6.58%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling EGP is an investing strategy that aims to generate trading profit from EastGroup Properties as its price is falling. EGP shares are trading up $4.78 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 EastGroup Properties 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 EGP, 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 EGP, twice per month. The most recent reporting period available is February, 28 2023.