Mettler-Toledo International Short Interest Ratio and Short Volume

Short interest is the volume of Mettler-Toledo International shares that have been sold short but have not yet been closed out or covered. As of January 29th, traders have sold 448,000 shares of MTD short. 1.91% of Mettler-Toledo International's shares are currently sold short. View details.

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. Mettler-Toledo International currently has a short interest ratio of 3.0.

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. 1.91% of Mettler-Toledo International's floating shares are currently sold short.

Mettler-Toledo International saw a decrease in short interest in January. As of January 29th, there was short interest totaling 448,000 shares, a decrease of 0.0% from the previous total of 448,200 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.

Mettler-Toledo International currently has issued a total of 23,408,000 shares. Some of Mettler-Toledo 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. Mettler-Toledo International currently has a public float of 23,410,000 shares.

1.91% of Mettler-Toledo International's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "life sciences tools & services" compare to Mettler-Toledo International: Thermo Fisher Scientific Inc. (0.75%), Illumina, Inc. (2.85%), Agilent Technologies, Inc. (0.75%), Bio-Rad Laboratories, Inc. (2.61%), Waters Co. (2.25%), Charles River Laboratories International, Inc. (0.00%), PerkinElmer, Inc. (0.00%), Bio-Techne Co. (0.00%), Bruker Co. (1.66%), and Pacific Biosciences of California, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling MTD is an investing strategy that aims to generate trading profit from Mettler-Toledo International as its price is falling. Mettler-Toledo International's stock is trading up $6.14 today. To short Mettler-Toledo International 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 Mettler-Toledo International 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 Mettler-Toledo 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 MTD, 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 MTD, twice per month. The most recent reporting period available is January, 29 2021.