ICL Group Short Interest Ratio and Short Volume

Short interest is the volume of ICL Group shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 475,600 shares of ICL short. 0.08% of ICL Group'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. ICL Group currently has a short interest ratio of 4.0.

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. 0.08% of ICL Group's floating shares are currently sold short.

ICL Group saw a drop in short interest in December. As of December 31st, there was short interest totaling 475,600 shares, a drop of 6.8% from the previous total of 510,100 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.

ICL Group currently has issued a total of 1,280,000,000 shares. Some of ICL Group'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. ICL Group currently has a public float of 627,960,000 shares.

0.08% of ICL Group's shares are currently sold short. Here is how the short interest of companies in the industry of "agricultural chemicals" compare to ICL Group: The Scotts Miracle-Gro Company (2.62%), The Mosaic Company (2.44%), CF Industries Holdings, Inc. (1.58%), American Vanguard Co. (1.44%), Calyxt, Inc. (3.30%), Marrone Bio Innovations, Inc. (1.84%), CVR Partners, LP (0.14%), Evogene Ltd. (2.13%), China Green Agriculture, Inc. (0.00%), and Bion Environmental Technologies, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

Short selling ICL is an investing strategy that aims to generate trading profit from ICL Group as its price is falling. ICL Group's stock is trading down $0.11 today. To short ICL Group 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 ICL Group 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 ICL Group 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 ICL, 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 ICL, twice per month. The most recent reporting period available is December, 31 2020.