Lee Enterprises (LEE) Short Interest Ratio & Short Volume

Short interest is the volume of Lee Enterprises shares that have been sold short but have not yet been covered or closed out. As of July 30th, investors have sold 197,900 shares of LEE short. 3.90% of Lee Enterprises' shares are currently sold short. Learn More on Lee Enterprises' 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. LEE shares currently have a short interest ratio of 6.0. Learn More on Lee Enterprises's short interest ratio.

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. 3.90% of Lee Enterprises' floating shares are currently sold short.

Lee Enterprises saw a drop in short interest in the month of July. As of July 30th, there was short interest totaling 197,900 shares, a drop of 1.7% from the previous total of 201,400 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.

Lee Enterprises currently has issued a total of 6,140,000 shares. Some of Lee Enterprises' 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. Lee Enterprises currently has a public float of 5,070,000 shares.

3.90% of Lee Enterprises' shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to Lee Enterprises: DallasNews Co. (1.98%), Oxus Acquisition Corp. (0.04%), Moolec Science SA (0.14%), Grove Collaborative Holdings, Inc. (6.83%), Bridgford Foods Co. (0.24%), Tupperware Brands Co. (25.17%), Benson Hill, Inc. (8.20%), Fenbo Holdings Limited (0.06%), Yunhong Green CTI Ltd. (0.32%), Local Bounti Co. (2.26%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($9.46 billion), Block, Inc. ($7.91 billion), S&P Global Inc. ($7.79 billion), Analog Devices, Inc. ($7.10 billion), Moderna, Inc. ($6.65 billion), Aon plc ($5.10 billion), Charter Communications, Inc. ($5.09 billion), Wayfair Inc. ($3.82 billion), Teladoc Health, Inc. ($2.64 billion), and Nuance Communications, Inc. ($2.45 billion). View all of the most shorted stocks.

Short selling LEE is an investing strategy that aims to generate trading profit from Lee Enterprises as its price is falling. LEE shares are trading up $0.20 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 Lee Enterprises 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 LEE, 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 LEE, twice per month. The most recent reporting period available is July, 30 2021.