Martin Marietta Materials - MLM Short Interest Ratio & Short Volume

Short interest is the volume of Martin Marietta Materials shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 770,100 shares of MLM short. 1.25% of Martin Marietta Materials' shares are currently sold short. Learn More on Martin Marietta Materials' 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. MLM shares currently have a short interest ratio of 2.0. Learn More on Martin Marietta Materials's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Martin Marietta Materials: Parallax Volatility Advisers L.P., Point72 Middle East FZE, Jane Street Group LLC, Millennium Management LLC, Maven Securities LTD, Susquehanna International Group LLP, Twin Tree Management LP, Capstone Investment Advisors LLC, Group One Trading L.P., HighTower Advisors LLC, and Concourse Financial Group Securities 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. 1.25% of Martin Marietta Materials' floating shares are currently sold short.

Martin Marietta Materials saw a decrease in short interest in March. As of March 15th, there was short interest totaling 770,100 shares, a decrease of 11.2% from the previous total of 867,700 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.

Martin Marietta Materials currently has issued a total of 62,100,000 shares. Some of Martin Marietta Materials' 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. Martin Marietta Materials currently has a public float of 61,670,000 shares.

1.25% of Martin Marietta Materials' shares are currently sold short. Here is how the short interest of companies in the sector of "construction" compare to Martin Marietta Materials: Vulcan Materials (0.97%), Weyerhaeuser (1.47%), Quanta Services, Inc. (2.58%), Rollins, Inc. (3.96%), NVR, Inc. (2.05%), Howmet Aerospace Inc. (1.26%), United Rentals, Inc. (4.51%), Lennar Co. (3.56%), PulteGroup, Inc. (3.68%), and Watsco, Inc. (9.25%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling MLM is an investing strategy that aims to generate trading profit from Martin Marietta Materials as its price is falling. MLM shares are trading up $5.14 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 Martin Marietta Materials occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of MLM, 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 MLM, twice per month. The most recent reporting period available is March, 15 2023.