Fresh Del Monte Produce Short Interest Ratio and Short Volume

Short interest is the volume of Fresh Del Monte Produce shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 759,200 shares of FDP short. 2.05% of Fresh Del Monte Produce's 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. Fresh Del Monte Produce currently has a short interest ratio of 5.0.

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. 2.05% of Fresh Del Monte Produce's floating shares are currently sold short.

Fresh Del Monte Produce saw a decrease in short interest in April. As of April 15th, there was short interest totaling 759,200 shares, a decrease of 8.1% from the previous total of 826,300 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.

Fresh Del Monte Produce currently has issued a total of 47,404,000 shares. Some of Fresh Del Monte Produce'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. Fresh Del Monte Produce currently has a public float of 36,970,000 shares.

2.05% of Fresh Del Monte Produce's shares are currently sold short. Here is how the short interest of companies in the industry of "agricultural production - crops" compare to Fresh Del Monte Produce: Adecoagro S.A. (0.00%), Village Farms International, Inc. (6.75%), BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (0.00%), Limoneira (2.00%), Alico, Inc. (2.05%), AMAYA Global Holdings Corp. (0.00%), S&W Seed (0.00%), Origin Agritech Limited (0.00%), Shineco, Inc. (2.02%), and China Liaoning Dingxu Ecological Agriculture Development, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling FDP is an investing strategy that aims to generate trading profit from Fresh Del Monte Produce as its price is falling. Fresh Del Monte Produce's stock is trading down $0.22 today. To short Fresh Del Monte Produce 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 Fresh Del Monte Produce 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 Fresh Del Monte Produce 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 FDP, 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 FDP, twice per month. The most recent reporting period available is April, 15 2021.