The Estée Lauder Companies Short Interest Ratio and Short Volume

Short interest is the volume of The Estée Lauder Companies shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 2,320,000 shares of EL short. 0.00% of The Estée Lauder Companies' shares are currently sold short. View details.

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. The Estée Lauder Companies currently has a short interest ratio of 2.0.

The Estée Lauder Companies saw a drop in short interest in October. As of October 15th, there was short interest totaling 2,320,000 shares, a drop of 8.7% from the previous total of 2,540,000 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.

0.00% of The Estée Lauder Companies' shares are currently sold short. Here is how the short interest of companies in the industry of "toilet preparations" compare to The Estée Lauder Companies: Colgate-Palmolive (0.89%), Coty Inc. (8.81%), Edgewell Personal Care Co (0.00%), Inter Parfums, Inc. (2.13%), Mandom Corporation (0.00%), e.l.f. Beauty, Inc. (4.56%), Revlon, Inc. (46.69%), United-Guardian, Inc. (0.03%), CCA Industries, Inc. (0.00%), and FOMO Corp. (0.00%).

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.

Short selling EL is an investing strategy that aims to generate trading profit from The Estée Lauder Companies as its price is falling. The Estée Lauder Companies' stock is trading up $3.26 today. To short The Estée Lauder Companies 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 The Estée Lauder Companies 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 The Estée Lauder Companies 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 EL, 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 EL, twice per month. The most recent reporting period available is October, 15 2020.