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MGIC Investment (MTG) Short Interest Ratio & Short Volume

$23.40
+0.57 (+2.50%)
(As of 07/16/2024 ET)

MGIC Investment Short Interest Data

Current Short Interest
10,230,000 shares
Previous Short Interest
10,400,000 shares
Change Vs. Previous Month
-1.63%
Dollar Volume Sold Short
$220.46 million
Short Interest Ratio
6.1 Days to Cover
Last Record Date
June 30, 2024
Outstanding Shares
266,590,000 shares
Float Size
262,790,000 shares
Short Percent of Float
3.89%
Today's Trading Volume
2,270,280 shares
Average Trading Volume
1,527,640 shares
Today's Volume Vs. Average
149%
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MTG Short Interest Over Time

MTG Days to Cover Over Time

MTG Percentage of Float Shorted Over Time

MGIC Investment Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/30/202410,230,000 shares $220.46 million -1.6%3.9%6.1 $21.55
6/15/202410,400,000 shares $212.68 million +7.8%4.0%5.9 $20.45
5/31/20249,650,000 shares $202.60 million +13.3%3.7%4.9 $21.00
5/15/20248,520,000 shares $179.39 million -6.0%3.2%4.2 $21.06
4/30/20249,060,000 shares $183.60 million -10.7%3.5%4.2 $20.27
4/15/202410,150,000 shares $198.74 million +5.1%3.8%4.7 $19.58
3/31/20249,660,000 shares $216.00 million -1.8%3.6%4.6 $22.36
3/15/20249,840,000 shares $206.54 million -3.8%3.7%4.9 $20.99
2/29/202410,230,000 shares $203.42 million +11.3%3.9%5.3 $19.89
2/15/20249,190,000 shares $179.39 million +17.2%3.5%5.1 $19.52
1/31/20247,840,000 shares $155.35 million -13.4%2.9%4.5 $19.82
1/15/20249,050,000 shares $175.30 million -0.1%3.3%5.2 $19.37
12/31/20239,060,000 shares $174.77 million -5.7%3.3%5.2 $19.29
12/15/20239,610,000 shares $182.21 million +2.2%3.5%5.4 $18.96
11/30/20239,400,000 shares $165.35 million +1.6%3.4%5.4 $17.59
11/15/20239,250,000 shares $165.16 million +21.7%3.4%5.5 $17.86
10/31/20237,600,000 shares $127.98 million +5.7%2.8%4.3 $16.84
10/15/20237,190,000 shares $123.45 million -4.5%2.6%4 $17.17
9/30/20237,530,000 shares $125.68 million -8.6%2.7%4.3 $16.69
9/15/20238,240,000 shares $142.39 million -8.4%3.0%4.6 $17.28
8/31/20239,000,000 shares $158.22 million +10.0%3.2%4.6 $17.58
8/15/20238,180,000 shares $144.62 million -7.6%2.9%4 $17.68
7/31/20238,850,000 shares $148.15 million -2.5%3.2%4.3 $16.74
7/15/20239,080,000 shares $145.82 million -4.2%3.2%4.3 $16.06
6/30/20239,480,000 shares $149.69 million -3.5%3.4%4.4 $15.79
6/15/20239,820,000 shares $151.23 million +10.1%3.5%4.4 $15.40
5/31/20238,920,000 shares $134.87 million -14.0%3.2%3.2 $15.12
5/15/202310,370,000 shares $154.41 million -11.2%3.7%3.7 $14.89
4/30/202311,680,000 shares $173.68 million -4.5%4.1%4 $14.87
4/15/202312,230,000 shares $173.05 million -6.1%4.3%4.1 $14.15
3/31/202313,030,000 shares $174.86 million +44.9%4.5%4 $13.42
3/15/20238,990,000 shares $113.18 million -16.1%3.1%2.8 $12.59
2/28/202310,720,000 shares $147.51 million -1.8%3.7%3.8 $13.76
2/15/202310,920,000 shares $154.85 million -17.8%3.7%4 $14.18
1/31/202313,290,000 shares $187.65 million -24.2%4.5%4.4 $14.12
1/15/202317,530,000 shares $232.27 million +1.3%6.0%5.8 $13.25
12/30/202217,310,000 shares $225.03 million -18.4%5.9%5.4 $13.00
12/15/202221,200,000 shares $275.81 million -9.2%7.2%6.5 $13.01
11/30/202223,350,000 shares $320.60 million -5.6%8.0%7.5 $13.73
11/15/202224,730,000 shares $328.66 million -13.7%8.4%7.9 $13.29
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10/31/202228,670,000 shares $391.35 million +2.4%9.8%9.7 $13.65
10/15/202228,010,000 shares $350.13 million +3.4%9.3%9.8 $12.50
9/30/202227,080,000 shares $347.17 million -0.9%9.0%10.3 $12.82
9/15/202227,330,000 shares $392.73 million +7.6%9.1%11.2 $14.37
8/31/202225,410,000 shares $363.11 million +23.8%8.5%9.8 $14.29
8/15/202220,530,000 shares $310.82 million -5.9%6.8%7.9 $15.14
7/31/202221,820,000 shares $308.53 million +3.7%7.1%7.8 $14.14
7/15/202221,050,000 shares $281.86 million +0.7%6.9%7.6 $13.39
6/30/202220,910,000 shares $263.47 million +33.6%6.8%7.3 $12.60
6/15/202215,650,000 shares $193.12 million -4.6%5.1%5.1 $12.34
5/31/202216,410,000 shares $228.59 million +30.2%5.4%5.3 $13.93
5/15/202212,600,000 shares $164.43 million -14.6%4.1%3.7 $13.05
4/30/202214,750,000 shares $192.64 million +25.2%4.7%4.3 $13.06
4/15/202211,780,000 shares $157.97 million -4.1%3.8%3.4 $13.41
3/31/202212,280,000 shares $166.39 million +27.7%3.9%3.4 $13.55
3/15/20229,620,000 shares $134.58 million -14.5%3.1%2.7 $13.99
2/28/202211,250,000 shares $170.78 million -1.6%3.6%3.3 $15.18
2/15/202211,430,000 shares $180.59 million -16.0%3.7%3.6 $15.80
1/31/202213,610,000 shares $206.60 million -1.8%4.2%4.3 $15.18
1/15/202213,860,000 shares $228.14 million +12.0%4.3%4.5 $16.46
12/31/202112,380,000 shares $178.52 million -46.5%3.8%4.1 $14.42
12/15/202123,120,000 shares $326.69 million +7.7%7.2%8 $14.13
11/30/202121,470,000 shares $302.73 million -0.1%6.6%8.1 $14.10
11/15/202121,480,000 shares $328.43 million +6.4%6.7%8.8 $15.29
10/29/202120,180,000 shares $326.11 million +11.6%6.3%7.9 $16.16
10/15/202118,080,000 shares $295.97 million -12.2%5.4%7.6 $16.37
9/30/202120,580,000 shares $307.88 million +0.2%6.1%8.8 $14.96
9/15/202120,550,000 shares $309.28 million +0.8%6.1%8.7 $15.05
8/31/202120,390,000 shares $311.36 million +9.9%6.1%8.1 $15.27
8/13/202118,550,000 shares $278.25 million +3.4%5.5%7 $15.00
7/30/202117,940,000 shares $248.29 million -7.4%5.3%6.8 $13.84
7/15/202119,380,000 shares $264.54 million +5.2%5.8%6.9 $13.65
6/30/202118,420,000 shares $250.51 million -4.4%5.5%6.4 $13.60
6/15/202119,260,000 shares $280.43 million -1.7%5.7%6.7 $14.56
5/28/202119,590,000 shares $288.36 million +17.8%5.8%6.8 $14.72
5/14/202116,630,000 shares $231.32 million -5.3%4.9%5.4 $13.91
4/30/202117,560,000 shares $273.23 million -8.9%5.2%5.5 $15.56
4/15/202119,280,000 shares $271.08 million -32.4%5.7%5.8 $14.06
3/31/202128,530,000 shares $388.86 million -0.8%8.5%8.3 $13.63
3/15/202128,770,000 shares $378.04 million -0.6%8.6%8 $13.14
2/26/202128,930,000 shares $350.34 million +5.1%8.7%8.1 $12.11
2/12/202127,540,000 shares $342.87 million -4.2%8.3%7.6 $12.45
1/29/202128,750,000 shares $353.91 million -4.9%8.6%5.5 $12.31
1/15/202130,230,000 shares $410.83 million +1.0%9.1%5.6 $13.59
12/31/202029,930,000 shares $369.64 million -9.9%9.0%5.6 $12.35
12/15/202033,200,000 shares $400.06 million -2.0%10.0%6.2 $12.05
11/30/202033,860,000 shares $409.71 million +16.4%10.2%6 $12.10
11/15/202029,100,000 shares $327.08 million +31.6%8.7%5.2 $11.24
10/30/202022,120,000 shares $214.56 million +6.4%6.6%4.8 $9.70
10/15/202020,800,000 shares $215.70 million +14.7%6.2%5.2 $10.37
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9/30/202018,130,000 shares $160.63 million -1.4%5.4%4.4 $8.86
9/15/202018,390,000 shares $175.99 million -5.3%5.5%4.1 $9.57
8/31/202019,420,000 shares $178.08 million +8.9%5.8%4 $9.17
8/14/202017,830,000 shares $154.94 million -17.9%5.4%3.2 $8.69
7/31/202021,720,000 shares $179.62 million +4.7%6.5%3.6 $8.27
7/15/202020,750,000 shares $153.34 million +10.3%6.2%3.2 $7.39
6/30/202018,810,000 shares $150.67 million -3.3%5.7%2.7 $8.01
6/15/202019,450,000 shares $169.99 million -7.9%5.9%2.6 $8.74
5/29/202021,110,000 shares $179.65 million +32.6%6.3%2.8 $8.51
5/15/202015,920,000 shares $106.66 million +18.0%4.8%2.2 $6.70
4/30/202013,490,000 shares $98.61 million +26.4%4.1%2.1 $7.31
4/15/202010,670,000 shares $65.51 million +11.5%3.2%1.8 $6.14
3/31/20209,570,000 shares $60.20 million +168.9%2.9%1.8 $6.29
3/13/20203,559,600 shares $26.48 million +13.0%1.1%1.2 $7.44
2/28/20203,150,000 shares $16.73 million +23.5%0.9%1.1 $5.31
2/14/20202,550,000 shares $28.74 million -13.6%0.8%1 $11.27
1/31/20202,950,000 shares $37.23 million +13.5%0.9%1.3 $12.62
1/15/20202,600,000 shares $36.87 million -9.4%0.8%1.2 $14.18
12/31/20192,870,000 shares $39.55 million -6.8%0.8%1.3 $13.78
8/15/20196,357,900 shares $79.22 million +20.9%1.8%1.4 $12.46

MTG Short Interest - Frequently Asked Questions

What is MGIC Investment's current short interest?

Short interest is the volume of MGIC Investment shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 10,230,000 shares of MTG short. 3.89% of MGIC Investment's shares are currently sold short. Learn More on MGIC Investment's current short interest.

What is a good short interest ratio for MGIC Investment?

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. MTG shares currently have a short interest ratio of 6.0. Learn More on MGIC Investment's short interest ratio.

Which institutional investors are shorting MGIC Investment?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of MGIC Investment: Walleye Trading LLC, and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for MGIC Investment?

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. 3.89% of MGIC Investment's floating shares are currently sold short.

Is MGIC Investment's short interest increasing or decreasing?

MGIC Investment saw a drop in short interest in June. As of June 30th, there was short interest totaling 10,230,000 shares, a drop of 1.6% from the previous total of 10,400,000 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 MGIC Investment's float size?

MGIC Investment currently has issued a total of 266,590,000 shares. Some of MGIC Investment'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. MGIC Investment currently has a public float of 262,790,000 shares.

How does MGIC Investment's short interest compare to its competitors?

3.89% of MGIC Investment's shares are currently sold short. Here is how the short interest of companies compare to MGIC Investment: New York Community Bancorp, Inc. (34.83%), Radian Group Inc. (4.09%), TFS Financial Co. (4.73%), The Simply Good Foods Company (3.13%), Walker & Dunlop, Inc. (3.91%), WSFS Financial Co. (2.28%), WaFd, Inc (2.82%), Federal Agricultural Mortgage Co. (1.42%), Banc of California, Inc. (8.28%), Provident Financial Services, Inc. (3.71%),

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. ($3.71 billion), TC Energy Co. ($2.95 billion), Moderna, Inc. ($2.63 billion), Royal Caribbean Cruises Ltd. ($2.53 billion), Paychex, Inc. ($2.03 billion), Cencora, Inc. ($2.03 billion), Tractor Supply ($1.91 billion), Rivian Automotive, Inc. ($1.78 billion), Chesapeake Energy Co. ($1.50 billion), and United Therapeutics Co. ($1.40 billion). View all of the most shorted stocks.

What does it mean to sell short MGIC Investment stock?

Short selling MTG is an investing strategy that aims to generate trading profit from MGIC Investment as its price is falling. MTG shares are trading up $0.57 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 MGIC Investment?

A short squeeze for MGIC Investment 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 MTG, which in turn drives the price of the stock up even further.

How often is MGIC Investment'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 MTG, twice per month. The most recent reporting period available is June, 30 2024.



This page (NYSE:MTG) was last updated on 7/17/2024 by MarketBeat.com Staff

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