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DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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MSC Industrial Direct Short Interest Ratio and Short Volume

-2.60 (-2.94 %)
(As of 03/2/2021 12:00 AM ET)
Today's Range
Now: $85.92
50-Day Range
MA: $83.70
52-Week Range
Now: $85.92
Volume319,852 shs
Average Volume453,166 shs
Market Capitalization$4.80 billion
P/E Ratio21.32
Dividend Yield3.39%

Short Interest

MSC Industrial Direct (NYSE:MSM) Short Interest Data

Current Short Volume1,760,000 shares
Previous Short Volume1,630,000 shares
Change Vs. Previous Month:+7.98%
Dollar Volume Sold Short$151.59 million
Short Interest Ratio / Days to Cover4.4
Last Record DateFebruary, 12 2021
Outstanding Shares45,010,000 shares
Percentage of Shares Shorted3.15%
Today's Trading Volume319,852 shares
Average Trading Volume453,166 shares
Today's Volume Vs. Average-29.42%

Short Interest Over Time

MSC Industrial Direct (NYSE:MSM) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20211,760,000 shares $151.59 million +8.0%N/A4.4 $86.13
1/29/20211,630,000 shares $139.23 million +24.4%N/A3.8 $85.42
1/15/20211,310,000 shares $102.86 million +3.2%N/A2.9 $78.52
12/31/20201,190,000 shares $98.50 million -19.6%N/A2.9 $82.77
12/15/20201,190,000 shares $97.96 million -19.6%N/A2.9 $82.32
11/30/20201,480,000 shares $125.92 million -1.3%3.3%3.5 $85.08
11/15/20201,500,000 shares $124.98 million No Change3.4%3.3 $83.32
10/30/20201,500,000 shares $122.75 million -0.7%3.4%3.4 $81.83
10/15/20201,510,000 shares $102.30 million +2.0%3.4%3.8 $67.75
9/30/20201,480,000 shares $97.16 million -12.9%3.3%3.3 $65.65
9/15/20201,700,000 shares $104.75 million +11.8%3.8%3.4 $61.62
8/31/20201,520,000 shares $96.64 million +24.6%3.4%2.9 $63.58
8/14/20201,220,000 shares $81.95 million -2.4%2.8%2.3 $67.17
7/31/20201,250,000 shares $84.74 million +16.8%2.8%2.3 $67.79
7/15/20201,070,000 shares $70.63 million -1.8%2.4%1.9 $66.01
6/30/20201,090,000 shares $73.41 million -21.0%2.5%1.8 $67.35
6/15/20201,380,000 shares $98.60 million -24.6%3.1%2.4 $71.45
5/29/20201,830,000 shares $126.20 million +4.0%4.2%2.7 $68.96
5/15/20201,760,000 shares $122.04 million +18.9%4.0%2.5 $69.34
4/30/20201,480,000 shares $104.37 million -1.3%3.4%2.2 $70.52
4/15/20201,500,000 shares $92.73 million +15.4%3.4%2.2 $61.82
3/31/20201,300,000 shares $74.09 million +6.6%3.0%1.7 $56.99
3/13/20201,219,300 shares $73.41 million -25.2%2.8%1.9 $60.21
2/28/20201,630,000 shares $76.12 million -3.0%3.7%2.6 $46.70
2/14/20201,680,000 shares $90.32 million -9.2%3.8%3 $53.76

MSC Industrial Direct (NYSE:MSM) Short Interest FAQ

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What is MSC Industrial Direct's current short interest?

Short interest is the volume of MSC Industrial Direct shares that have been sold short but have not yet been closed out or covered. As of February 12th, investors have sold 1,760,000 shares of MSM short.

What is a good short interest ratio for MSC Industrial Direct?

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. MSC Industrial Direct currently has a short interest ratio of 4.0.

Is MSC Industrial Direct's short interest increasing or decreasing?

MSC Industrial Direct saw a increase in short interest in the month of February. As of February 12th, there was short interest totaling 1,760,000 shares, an increase of 8.0% from the previous total of 1,630,000 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.

How does MSC Industrial Direct's short interest compare to its competitors?

0.00% of MSC Industrial Direct's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "trading companies & distributors" compare to MSC Industrial Direct: Fastenal (2.34%), United Rentals, Inc. (4.81%), W.W. Grainger, Inc. (1.47%), Watsco, Inc. (0.00%), Air Lease Co. (5.91%), WESCO International, Inc. (4.21%), Beacon Roofing Supply, Inc. (4.92%), GATX Co. (11.44%), Applied Industrial Technologies, Inc. (1.30%), and Rush Enterprises, Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short MSC Industrial Direct stock?

Short selling MSM is an investing strategy that aims to generate trading profit from MSC Industrial Direct as its price is falling. MSC Industrial Direct's stock is trading down $2.60 today. To short MSC Industrial Direct 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 MSC Industrial Direct 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 MSC Industrial Direct?

A short squeeze for MSC Industrial Direct 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 MSM, which in turn drives the price of the stock up even further.

How often is MSC Industrial Direct'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 MSM, twice per month. The most recent reporting period available is February, 12 2021.

This page was last updated on 3/3/2021 by MarketBeat.com Staff

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