Extra Space Storage Short Interest Ratio and Short Volume

+1.32 (+0.93 %)
(As of 04/19/2021 12:00 AM ET)
Today's Range
Now: $143.93
50-Day Range
MA: $132.39
52-Week Range
Now: $143.93
Volume623,381 shs
Average Volume832,176 shs
Market Capitalization$19.24 billion
P/E Ratio42.71
Dividend Yield2.80%

Short Interest

Extra Space Storage (NYSE:EXR) Short Interest Data

Current Short Volume2,470,000 shares
Previous Short Volume2,150,000 shares
Change Vs. Previous Month:+14.88%
Dollar Volume Sold Short$344.00 million
Short Interest Ratio / Days to Cover2.9
Last Record DateMarch, 31 2021
Outstanding Shares127,450,000 shares
Percentage of Shares Shorted1.85%
Today's Trading Volume623,381 shares
Average Trading Volume832,176 shares
Today's Volume Vs. Average-25.09%

Short Interest Over Time

Extra Space Storage (NYSE:EXR) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20212,470,000 shares $344.00 million +14.9%N/A2.9 $139.27
3/15/20212,150,000 shares $285.07 million -11.5%N/A2.6 $132.59
2/26/20212,430,000 shares $313.64 million -20.3%N/A2.9 $129.07
2/12/20213,050,000 shares $383.39 million +10.5%N/A3.7 $125.70
1/29/20212,760,000 shares $326.54 million -3.5%N/A3.1 $118.31
1/15/20212,860,000 shares $323.98 million +4.0%N/A3 $113.28
12/31/20202,920,000 shares $325.14 million +3.9%2.3%2.7 $111.35
12/15/20202,920,000 shares $317.93 million +3.9%2.3%2.7 $108.88
11/30/20202,810,000 shares $316.10 million -6.3%2.2%2.7 $112.49
11/15/20203,000,000 shares $338.19 million -30.4%2.4%2.9 $112.73
10/30/20204,310,000 shares $507.37 million -7.9%3.4%4.3 $117.72
10/15/20204,680,000 shares $547.98 million +2.2%3.7%5.1 $117.09
9/30/20204,580,000 shares $518.23 million -5.2%3.6%5.3 $113.15
9/15/20204,830,000 shares $509.32 million +0.2%3.8%6 $105.45
8/31/20204,820,000 shares $529.04 million -9.7%3.8%5.9 $109.76
8/14/20205,340,000 shares $570.58 million -4.8%4.2%6 $106.85
7/31/20205,610,000 shares $583.16 million +4.3%4.5%6.1 $103.95
7/15/20205,380,000 shares $555.97 million +0.6%4.3%5.7 $103.34
6/30/20205,350,000 shares $510.39 million -12.7%4.3%5.2 $95.40
6/15/20206,130,000 shares $592.83 million -0.5%4.9%5.1 $96.71
5/29/20206,160,000 shares $557.36 million +5.5%4.9%4.5 $90.48
5/15/20205,840,000 shares $565.02 million -0.9%4.6%4.2 $96.75
4/30/20205,890,000 shares $555.90 million +19.0%4.7%4.2 $94.38
4/15/20204,950,000 shares $454.81 million +23.1%3.9%3.8 $91.88
3/31/20204,020,000 shares $357.34 million -29.6%3.2%3.1 $88.89

Extra Space Storage (NYSE:EXR) Short Interest FAQ

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What is Extra Space Storage's current short interest?

Short interest is the volume of Extra Space Storage shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 2,470,000 shares of EXR short.

What is a good short interest ratio for Extra Space Storage?

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. Extra Space Storage currently has a short interest ratio of 3.0.

Is Extra Space Storage's short interest increasing or decreasing?

Extra Space Storage saw a increase in short interest in March. As of March 31st, there was short interest totaling 2,470,000 shares, an increase of 14.9% from the previous total of 2,150,000 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.

How does Extra Space Storage's short interest compare to its competitors?

0.00% of Extra Space Storage's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "specialized reits" compare to Extra Space Storage: American Tower Co. (REIT) (0.00%), Public Storage (1.65%), Welltower Inc. (0.00%), Weyerhaeuser (0.00%), Ventas, Inc. (0.00%), Medical Properties Trust, Inc. (0.00%), Omega Healthcare Investors, Inc. (0.00%), CubeSmart (0.00%), Life Storage, Inc. (0.00%), and Rayonier Inc. (0.00%).

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 Extra Space Storage stock?

Short selling EXR is an investing strategy that aims to generate trading profit from Extra Space Storage as its price is falling. Extra Space Storage's stock is trading up $1.32 today. To short Extra Space Storage 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 Extra Space Storage 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 Extra Space Storage?

A short squeeze for Extra Space Storage 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 EXR, which in turn drives the price of the stock up even further.

How often is Extra Space Storage'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 EXR, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/20/2021 by MarketBeat.com Staff
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