Positive News Sentiment NYSE:MEI Methode Electronics - MEI Short Interest Ratio & Short Volume Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Methode Electronics, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $49.74 -0.24 (-0.48%) (As of 02/7/2023 11:59 AM ET) Add Compare Share Share Today's Range$49.41▼$49.7450-Day Range$43.62▼$50.4552-Week Range$33.91▼$51.38Volume9,790 shsAverage Volume109,204 shsMarket Capitalization$1.80 billionP/E Ratio19.58Dividend Yield1.11%Price Target$47.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Methode Electronics Short Interest DataCurrent Short Volume516,300 sharesPrevious Short Volume489,900 sharesChange Vs. Previous Month+5.39%Dollar Volume Sold Short$24.25 millionShort Interest Ratio / Days to Cover3.9Last Record DateJanuary 15, 2023Outstanding Shares36,090,000 sharesFloat Size33,980,000 sharesShort Percent of Float1.52%Today's Trading Volume9,790 sharesAverage Trading Volume109,204 sharesToday's Volume Vs. Average-91.04% Short Selling Methode Electronics ? Sign up to receive the latest short interest report for Methode Electronics and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatMEI Short Interest Over TimeMEI Days to Cover Over TimeMEI Percentage of Float Shorted Over Time Methode Electronics (NYSE:MEI) Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 1/15/2023516,300 shares $24.25 million +5.4%1.5%3.9 $46.97 12/30/2022489,900 shares $21.74 million +2.5%1.4%3.5 $44.37 12/15/2022477,800 shares $21.32 million -19.3%1.4%3.2 $44.62 11/30/2022592,200 shares $27.05 million -7.3%1.7%4.1 $45.68 11/15/2022638,800 shares $29.30 million -12.7%1.8%4.6 $45.87 10/31/2022731,900 shares $30.18 million -14.8%2.1%5.5 $41.23 10/15/2022859,300 shares $30.75 million +12.5%2.5%6.2 $35.78 9/30/2022763,700 shares $28.37 million -7.7%2.2%5.4 $37.15 9/15/2022827,700 shares $31.44 million +8.5%2.4%5.2 $37.98 8/31/2022762,600 shares $30.85 million -2.7%2.2%4.4 $40.46 8/15/2022783,700 shares $33.81 million -13.0%2.2%4.4 $43.14 7/31/2022901,100 shares $37.16 million -1.2%2.5%4.9 $41.24 7/15/2022912,300 shares $32.21 million +7.8%2.5%4.7 $35.31 6/30/2022846,300 shares $31.35 million -20.9%2.3%4.1 $37.04 6/15/20221,070,000 shares $42.34 million -6.1%3.0%5.2 $39.57 5/31/20221,140,000 shares $51.36 million -5.0%3.2%5.7 $45.05 5/15/20221,200,000 shares $53.42 million -6.3%3.4%5.9 $44.52 4/30/20221,280,000 shares $57.10 million -11.7%3.6%6.2 $44.61 4/15/20221,450,000 shares $64.84 million +46.7%4.1%6.8 $44.72 3/31/2022988,300 shares $42.74 million -1.2%2.8%4.6 $43.25 3/15/20221,000,000 shares $41.90 million +5.3%2.8%5.1 $41.90 2/28/2022949,700 shares $43.34 million -7.8%2.7%5 $45.64 2/15/20221,030,000 shares $48.08 million +28.3%2.9%5.4 $46.68 1/31/2022802,600 shares $35.34 million -6.5%2.3%4.3 $44.03 1/15/2022858,700 shares $42.08 million +0.6%2.4%4.6 $49.01 12/31/2021853,800 shares $41.98 million +0.5%2.4%5 $49.17 12/15/2021849,800 shares $37.94 million +31.1%2.4%4.8 $44.65 11/30/2021648,300 shares $28.83 million -1.9%1.8%3.6 $44.47 11/15/2021660,600 shares $31.42 million -21.2%1.8%3.4 $47.56 10/29/2021838,100 shares $35.26 million -0.3%2.3%4.5 $42.07 10/15/2021840,700 shares $35.59 million -0.2%2.3%4.6 $42.33 9/30/2021842,400 shares $35.42 million -4.8%2.3%4.7 $42.05 9/15/2021884,500 shares $37.85 million +42.2%2.4%4.8 $42.79 8/31/2021622,000 shares $28.97 million +6.9%1.7%3.6 $46.57 8/13/2021581,900 shares $28.44 million +3.9%1.6%3.9 $48.88 7/30/2021560,000 shares $26.78 million -0.6%1.5%3.5 $47.83 7/15/2021563,100 shares $26.16 million +7.3%1.6%3.2 $46.46 6/30/2021524,600 shares $25.82 million -4.0%1.5%2.7 $49.21 6/15/2021546,400 shares $26.73 million -4.3%1.5%2.8 $48.92 5/28/2021571,200 shares $27.63 million -22.7%1.6%2.8 $48.38 MEI Short Interest - Frequently Asked Questions What is Methode Electronics' current short interest? Short interest is the volume of Methode Electronics shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 516,300 shares of MEI short. 1.52% of Methode Electronics' shares are currently sold short. Learn More on Methode Electronics' current short interest. What is a good short interest ratio for Methode Electronics? 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. MEI shares currently have a short interest ratio of 4.0. Learn More on Methode Electronics's short interest ratio. Which institutional investors are shorting Methode Electronics? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Methode Electronics: Concourse Financial Group Securities Inc., and Group One Trading L.P.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Methode Electronics? 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. 1.52% of Methode Electronics' floating shares are currently sold short. Is Methode Electronics' short interest increasing or decreasing? Methode Electronics saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 516,300 shares, an increase of 5.4% from the previous total of 489,900 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. What is Methode Electronics' float size? Methode Electronics currently has issued a total of 36,090,000 shares. Some of Methode Electronics' 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. Methode Electronics currently has a public float of 33,980,000 shares. How does Methode Electronics' short interest compare to its competitors? 1.52% of Methode Electronics' shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Methode Electronics: Hello Group Inc. (5.22%), Knowles Co. (2.54%), CommScope Holding Company, Inc. (5.38%), Udemy, Inc. (4.72%), Millicom International Cellular S.A. (0.20%), MillerKnoll, Inc. (5.05%), Criteo S.A. (1.48%), Cohu, Inc. (2.87%), Intapp, Inc. (0.72%), and ForgeRock, Inc. (13.25%). Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks. What does it mean to sell short Methode Electronics stock? Short selling MEI is an investing strategy that aims to generate trading profit from Methode Electronics as its price is falling. MEI shares are trading down $0.51 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. How does a short squeeze work against Methode Electronics? A short squeeze for Methode Electronics 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 MEI, which in turn drives the price of the stock up even further. How often is Methode Electronics' 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 MEI, twice per month. The most recent reporting period available is January, 15 2023. More Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:MEI) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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