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MGM Resorts International (MGM) Short Interest Ratio & Short Volume

$35.01
-0.80 (-2.23%)
(As of 09/6/2024 ET)
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MGM Resorts International Short Interest Data

MGM Resorts International (MGM) has a short interest of 14.98 million shares, representing 6.29% of the float (the number of shares available for trading by the public). This marks a 34.71% increase in short interest from the previous month. The short interest ratio (days to cover) is 3.5, indicating that it would take 3.5 days of the average trading volume of 4.02 million shares to cover all short positions.

Current Short Interest
14,980,000 shares
Previous Short Interest
11,120,000 shares
Change Vs. Previous Month
+34.71%
Dollar Volume Sold Short
$587.22 million
Short Interest Ratio
3.5 Days to Cover
Last Record Date
August 15, 2024
Outstanding Shares
313,680,000 shares
Float Size
238,310,000 shares
Short Percent of Float
6.29%
Today's Trading Volume
5,821,677 shares
Average Trading Volume
4,015,037 shares
Today's Volume Vs. Average
145%
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Short Interest ChartDays to Cover ChartShort Percent of Float Chart

MGM Short Interest Over Time

MGM Days to Cover Over Time

MGM Percentage of Float Shorted Over Time

MGM Resorts International Short Interest History

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Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/15/202414,980,000 shares $587.22 million +34.7%6.3%3.5 $39.20
7/31/202411,120,000 shares $477.94 million -5.8%4.7%2.7 $42.98
7/15/202411,800,000 shares $544.57 million -3.3%4.8%3.3 $46.15
6/30/202412,200,000 shares $542.17 million -13.5%5.0%3.4 $44.44
6/15/202414,100,000 shares $561.89 million -8.6%5.7%4 $39.85
5/31/202415,430,000 shares $619.98 million +17.7%6.3%4.6 $40.18
5/15/202413,110,000 shares $544.72 million +1.0%5.3%3.9 $41.55
4/30/202412,980,000 shares $511.93 million +4.2%5.3%3.4 $39.44
4/15/202412,460,000 shares $533.91 million -7.0%5.0%3.4 $42.85
3/31/202413,400,000 shares $632.61 million -2.1%5.4%3.4 $47.21
3/15/202413,690,000 shares $587.03 million -0.4%5.5%3.4 $42.88
2/29/202413,750,000 shares $595.10 million +21.7%5.5%3.1 $43.28
2/15/202411,300,000 shares $487.03 million +12.8%4.1%2.5 $43.10
1/31/202410,020,000 shares $434.57 million -9.1%3.7%2.3 $43.37
1/15/202411,020,000 shares $466.92 million -0.3%4.0%2.4 $42.37
12/31/202311,050,000 shares $493.71 million -8.0%4.0%2.4 $44.68
12/15/202312,010,000 shares $517.39 million +8.6%4.4%2.5 $43.08
11/30/202311,060,000 shares $436.21 million -6.4%4.0%2.2 $39.44
11/15/202311,820,000 shares $480.25 million -14.0%4.3%2.4 $40.63
10/31/202313,740,000 shares $479.80 million +8.0%4.9%2.8 $34.92
10/15/202312,720,000 shares $463.52 million +0.4%4.5%2.6 $36.44
9/30/202312,670,000 shares $465.75 million +11.7%4.5%2.5 $36.76
9/15/202311,340,000 shares $465.85 million -3.6%4.0%2.4 $41.08
8/31/202311,760,000 shares $517.20 million -17.9%4.1%2.6 $43.98
8/15/202314,330,000 shares $632.96 million +21.8%5.0%3.1 $44.17
7/31/202311,770,000 shares $597.56 million -2.5%4.1%2.6 $50.77
7/15/202312,070,000 shares $582.50 million +18.2%4.1%2.7 $48.26
6/30/202310,210,000 shares $448.32 million -7.8%3.4%2.3 $43.91
6/15/202311,070,000 shares $483.98 million +1.7%3.7%2.6 $43.72
5/31/202310,890,000 shares $427.87 million +46.8%3.7%2.5 $39.29
5/15/20237,420,000 shares $316.76 million +5.3%2.5%1.7 $42.69
4/30/20237,050,000 shares $316.69 million -15.2%2.4%1.6 $44.92
4/15/20238,310,000 shares $361.90 million -8.4%2.7%2 $43.55
3/31/20239,070,000 shares $402.89 million +13.0%2.9%2.2 $44.42
3/15/20238,030,000 shares $329.55 million -2.7%2.6%1.9 $41.04
2/28/20238,250,000 shares $354.83 million -14.0%2.7%2 $43.01
2/15/20239,590,000 shares $423.69 million -7.6%3.0%2.3 $44.18
1/31/202310,380,000 shares $429.84 million +2.4%3.3%2.5 $41.41
1/15/202310,140,000 shares $400.94 million -6.5%3.2%2.2 $39.54
12/30/202210,840,000 shares $363.47 million -2.1%3.4%2.2 $33.53
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12/15/202211,070,000 shares $400.96 million -8.1%3.5%2.2 $36.22
11/30/202212,040,000 shares $443.79 million +5.3%3.8%2.2 $36.86
11/15/202211,430,000 shares $428.51 million -33.3%3.6%2.1 $37.49
10/31/202217,140,000 shares $609.67 million +0.4%5.4%3.1 $35.57
10/15/202217,070,000 shares $523.02 million +0.5%5.2%3.3 $30.64
9/30/202216,990,000 shares $504.94 million -2.4%5.2%3.4 $29.72
9/15/202217,410,000 shares $599.43 million -4.6%5.5%3.4 $34.43
8/31/202218,250,000 shares $595.68 million +4.5%5.6%3.6 $32.64
8/15/202217,460,000 shares $620.53 million -0.9%5.4%3.3 $35.54
7/31/202217,620,000 shares $576.70 million -6.6%5.4%3 $32.73
7/15/202218,870,000 shares $551.57 million +7.4%3.9%3.1 $29.23
6/30/202217,570,000 shares $508.65 million No Change3.6%2.9 $28.95
6/15/202217,570,000 shares $528.15 million +4.5%3.6%3 $30.06
5/31/202216,820,000 shares $588.20 million +14.0%4.3%3.2 $34.97
5/15/202214,750,000 shares $533.21 million +9.8%3.8%2.7 $36.15
4/30/202213,440,000 shares $551.58 million -8.1%4.0%2.5 $41.04
4/15/202214,630,000 shares $608.61 million -1.8%4.3%2.9 $41.60
3/31/202214,890,000 shares $624.49 million -4.1%4.4%2.8 $41.94
3/15/202215,530,000 shares $622.60 million +18.7%4.5%2.9 $40.09
2/28/202213,080,000 shares $579.31 million +0.5%3.8%2.3 $44.29
2/15/202213,020,000 shares $586.94 million +1.7%3.6%2.2 $45.08
1/31/202212,800,000 shares $546.82 million +28.6%3.4%2.3 $42.72
1/15/20229,950,000 shares $442.48 million -12.3%2.7%1.8 $44.47
12/31/202111,350,000 shares $509.39 million +4.4%3.0%1.9 $44.88
12/15/202110,870,000 shares $449.69 million +4.8%2.9%1.7 $41.37
11/30/202110,370,000 shares $410.44 million -7.5%2.7%1.5 $39.58
11/15/202111,210,000 shares $513.64 million -17.7%3.0%1.7 $45.82
10/29/202113,620,000 shares $642.32 million -4.4%3.5%2.1 $47.16
10/15/202114,250,000 shares $683.29 million +13.8%3.7%2.1 $47.95
9/30/202112,520,000 shares $540.24 million -6.4%3.2%1.9 $43.15
9/15/202113,380,000 shares $540.28 million +1.3%3.4%2.1 $40.38
8/31/202113,210,000 shares $563.01 million +11.4%3.4%2.4 $42.62
8/13/202111,860,000 shares $479.26 million -13.4%3.0%2 $40.41
7/30/202113,690,000 shares $513.79 million +2.4%3.4%2.1 $37.53
7/15/202113,370,000 shares $524.10 million -6.4%3.4%2.1 $39.20
6/30/202114,280,000 shares $609.04 million -18.0%3.6%2.1 $42.65
6/15/202117,410,000 shares $735.40 million -0.6%4.4%2.4 $42.24
5/28/202117,520,000 shares $751.08 million +3.0%4.4%2.2 $42.87
5/14/202117,010,000 shares $637.36 million -3.7%4.3%1.9 $37.47
4/30/202117,660,000 shares $713.82 million +4.0%4.4%2 $40.42
4/15/202116,980,000 shares $700.59 million +20.0%4.2%1.8 $41.26
3/31/202114,150,000 shares $540.67 million +3.5%3.5%1.5 $38.21
3/15/202113,670,000 shares $532.86 million +2.0%3.4%1.4 $38.98
2/26/202113,400,000 shares $491.78 million -26.5%3.4%1.4 $36.70
2/12/202118,240,000 shares $643.87 million -10.3%4.6%2 $35.30
1/29/202120,330,000 shares $600.95 million -20.7%5.1%2.1 $29.56
1/15/202125,620,000 shares $775.77 million +21.3%6.4%2.6 $30.28
12/31/202021,120,000 shares $658.73 million -17.2%4.9%2.1 $31.19
12/15/202025,500,000 shares $752.51 million -20.6%5.9%2.6 $29.51
11/30/202032,110,000 shares $918.99 million -4.3%7.5%2.8 $28.62
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11/15/202033,540,000 shares $868.69 million -2.5%7.8%2.6 $25.90
10/30/202034,390,000 shares $732.16 million -14.4%8.0%2.6 $21.29
10/15/202040,170,000 shares $847.19 million -3.5%9.3%2.5 $21.09
9/30/202041,630,000 shares $905.45 million -17.0%9.7%2.3 $21.75
9/15/202050,180,000 shares $1.19 billion +14.8%11.7%2.5 $23.74
8/31/202043,730,000 shares $983.93 million +0.3%10.2%2 $22.50
8/14/202043,610,000 shares $951.13 million -5.1%10.1%1.7 $21.81
7/31/202045,940,000 shares $739.17 million +16.2%9.4%1.6 $16.09
7/15/202039,540,000 shares $638.97 million -10.3%8.1%1.5 $16.16
6/30/202044,080,000 shares $740.54 million +29.8%9.0%1.6 $16.80
6/15/202033,950,000 shares $660.33 million +14.7%6.9%1.1 $19.45
5/29/202029,600,000 shares $508.53 million -7.4%6.1%0.9 $17.18
5/15/202031,950,000 shares $442.51 million +12.3%6.5%1.1 $13.85
4/30/202028,460,000 shares $478.98 million +2.0%5.8%1.1 $16.83
4/15/202027,900,000 shares $402.32 million +58.0%5.7%1.2 $14.42
3/31/202017,660,000 shares $246.18 million -78.6%3.6%0.9 $13.94
3/13/202082,318,700 shares $1.20 billion +239.0%16.8%10.3 $14.55
2/28/202024,280,000 shares $222.16 million +111.9%5.0%3.1 $9.15
2/14/202011,460,000 shares $238.25 million +5.0%2.3%2.1 $20.79
1/31/202010,910,000 shares $291.41 million +21.5%2.1%2.4 $26.71
1/15/20208,980,000 shares $293.74 million -3.0%1.8%2 $32.71
12/31/20199,260,000 shares $292.34 million -6.7%1.8%2.2 $31.57

MGM Short Interest - Frequently Asked Questions

What is MGM Resorts International's current short interest?

Short interest is the volume of MGM Resorts International shares that have been sold short but have not yet been covered or closed out. As of August 15th, traders have sold 14,980,000 shares of MGM short. 6.29% of MGM Resorts International's shares are currently sold short. Learn More on MGM Resorts International's current short interest.

What is a good short interest ratio for MGM Resorts International?

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. MGM shares currently have a short interest ratio of 4.0. Learn More on MGM Resorts International's short interest ratio.

Which institutional investors are shorting MGM Resorts International?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of MGM Resorts International: Point72 Asset Management L.P., Susquehanna International Group LLP, Cubist Systematic Strategies LLC, Lombard Odier Asset Management USA Corp, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for MGM Resorts International?

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. 6.29% of MGM Resorts International's floating shares are currently sold short.

Is MGM Resorts International's short interest increasing or decreasing?

MGM Resorts International saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 14,980,000 shares, an increase of 34.7% from the previous total of 11,120,000 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.

What is MGM Resorts International's float size?

MGM Resorts International currently has issued a total of 313,680,000 shares. Some of MGM Resorts International'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. MGM Resorts International currently has a public float of 238,310,000 shares.

How does MGM Resorts International's short interest compare to its competitors?

6.29% of MGM Resorts International's shares are currently sold short. Here is how the short interest of companies compare to MGM Resorts International: Las Vegas Sands Corp. (3.08%), Advanced Drainage Systems, Inc. (2.11%), Churchill Downs Incorporated (1.50%), Wynn Resorts, Limited (4.64%), Caesars Entertainment, Inc. (7.84%), Boyd Gaming Co. (5.01%), International Game Technology PLC (2.01%), PENN Entertainment, Inc. (15.36%), Monarch Casino & Resort, Inc. (1.63%), InterContinental Hotels Group PLC (0.28%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

What does it mean to sell short MGM Resorts International stock?

Short selling MGM is an investing strategy that aims to generate trading profit from MGM Resorts International as its price is falling. MGM shares are trading down $0.80 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 MGM Resorts International?

A short squeeze for MGM Resorts International 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 MGM, which in turn drives the price of the stock up even further.

How often is MGM Resorts International's 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 MGM, twice per month. The most recent reporting period available is August, 15 2024.



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This page (NYSE:MGM) was last updated on 9/7/2024 by MarketBeat.com Staff

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