Johnson & Johnson - JNJ Short Interest Ratio & Short Volume

Short interest is the volume of Johnson & Johnson shares that have been sold short but have not yet been closed out or covered. As of February 28th, investors have sold 11,720,000 shares of JNJ short. 0.45% of Johnson & Johnson's shares are currently sold short. Learn More on Johnson & Johnson's 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. JNJ shares currently have a short interest ratio of 2.0. Learn More on Johnson & Johnson's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Johnson & Johnson: Parallax Volatility Advisers L.P., Portman Square Capital LLP, Kovack Advisors Inc., Point72 Middle East FZE, CI Private Wealth LLC, DRW Securities LLC, Jane Street Group LLC, Squarepoint Ops LLC, Millennium Management LLC, Marathon Trading Investment Management LLC, Maven Securities LTD, Nomura Holdings Inc., Boothbay Fund Management LLC, Centiva Capital LP, Jefferies Financial Group Inc., Point72 Asset Management L.P., Point72 Hong Kong Ltd, Baader Bank Aktiengesellschaft, Susquehanna International Group LLP, Verition Fund Management LLC, Cetera Investment Advisers, Marshall Wace LLP, Trustcore Financial Services LLC, Clear Street Markets LLC, Twin Tree Management LP, Wells Fargo & Company MN, Barclays PLC, Capital Fund Management S.A., JPMorgan Chase & Co., QVR LLC, Bank of America Corp DE, Capstone Investment Advisors LLC, BTG Pactual Global Asset Management Ltd, Group One Trading L.P., IMC Chicago LLC, Citigroup Inc., UBS Group AG, SpiderRock Advisors LLC, Cutler Group LLC CA, SG Americas Securities LLC, Simplex Trading LLC, Gladius Capital Management LP, Mission Wealth Management LP, Bank of Montreal Can, AMJ Financial Wealth Management, Wolverine Asset Management LLC, Trium Capital LLP, Concourse Financial Group Securities Inc., AMH Equity Ltd, and Washington Capital Management Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 0.45% of Johnson & Johnson's floating shares are currently sold short.

Johnson & Johnson saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 11,720,000 shares, an increase of 33.6% from the previous total of 8,770,000 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.

0.45% of Johnson & Johnson's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Johnson & Johnson: Eli Lilly and Company (0.81%), AbbVie Inc. (0.72%), Merck & Co., Inc. (0.81%), Pfizer Inc. (0.68%), Bristol-Myers Squibb (0.81%), Novo Nordisk A/S (0.06%), AstraZeneca PLC (0.11%), Novartis AG (0.31%), Abbott Laboratories (0.81%), and Sanofi (0.11%).

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 JNJ is an investing strategy that aims to generate trading profit from Johnson & Johnson as its price is falling. JNJ shares are trading up $1.52 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 Johnson & Johnson 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 JNJ, 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 JNJ, twice per month. The most recent reporting period available is February, 28 2023.