S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:NGG

National Grid Short Interest Ratio and Short Volume

$57.63
+0.28 (+0.49 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$56.96
Now: $57.63
$57.68
50-Day Range
$55.89
MA: $58.90
$60.82
52-Week Range
$44.29
Now: $57.63
$66.68
Volume428,629 shs
Average Volume330,928 shs
Market Capitalization$40.91 billion
P/E Ratio16.33
Dividend Yield3.95%
Beta0.32

Short Interest

National Grid (NYSE:NGG) Short Interest Data

Current Short Volume238,700 shares
Previous Short Volume297,900 shares
Change Vs. Previous Month:-19.87%
Dollar Volume Sold Short$13.34 million
Short Interest Ratio / Days to Cover0.7
Last Record DateFebruary, 12 2021
Outstanding Shares682,430,000 shares
Percentage of Shares Shorted0.03%
Today's Trading Volume428,629 shares
Average Trading Volume330,928 shares
Today's Volume Vs. Average29.52%

Short Interest Over Time


National Grid (NYSE:NGG) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/2021238,700 shares $13.34 million -19.9%N/A0.7 $55.89
1/29/2021297,900 shares $17.61 million -1.0%N/A0.9 $59.13
1/15/2021301,000 shares $17.78 million -13.8%N/A0.9 $59.08
12/31/2020373,400 shares $22.12 million -66.4%N/A1 $59.25
12/15/2020373,400 shares $22.16 million -66.4%N/A1 $59.35
11/30/20201,110,000 shares $64.61 million +126.1%N/A2.9 $58.21
11/15/2020490,900 shares $27.82 million -30.4%N/A1.4 $56.68
10/30/2020705,100 shares $44.38 million -12.6%N/A2.1 $62.94
10/15/2020807,100 shares $49.52 million +21.1%N/A2.4 $61.35
9/30/2020666,500 shares $40.56 million +23.6%N/A1.8 $60.85
9/15/2020539,200 shares $29.46 million -50.1%N/A1.3 $54.64
8/31/20201,080,000 shares $59.10 million +16.5%N/A2.3 $54.72
8/14/2020927,400 shares $52.08 million -5.8%N/A1.9 $56.16
7/31/2020984,700 shares $57.12 million +29.5%N/A1.9 $58.01
7/15/2020760,400 shares $44.95 million -28.9%N/A1.4 $59.11
6/30/20201,070,000 shares $61.40 million +38.6%N/A1.9 $57.38
6/15/2020772,100 shares $46.30 million +45.5%N/A1.3 $59.96
5/29/2020530,500 shares $31.51 million -45.5%N/A0.8 $59.39
5/15/2020972,600 shares $55.55 million +31.7%N/A1.3 $57.12
4/30/2020738,500 shares $40.86 million +10.3%N/A1 $55.33
4/15/2020669,300 shares $38.38 million -16.7%N/A0.9 $57.35
3/31/2020803,700 shares $46.72 million -11.5%N/A1 $58.13
3/13/2020907,600 shares $51.28 million -20.4%N/A1.3 $56.50
2/28/20201,140,000 shares $51.70 million -12.3%N/A1.7 $45.35
2/14/20201,300,000 shares $80.70 million -8.5%N/A2.1 $62.08

National Grid (NYSE:NGG) Short Interest FAQ

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What is National Grid's current short interest?

Short interest is the volume of National Grid shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 238,700 shares of NGG short.

What is a good short interest ratio for National Grid?

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. National Grid currently has a short interest ratio of 1.0.

Is National Grid's short interest increasing or decreasing?

National Grid saw a drop in short interest in the month of February. As of February 12th, there was short interest totaling 238,700 shares, a drop of 19.9% from the previous total of 297,900 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 National Grid's short interest compare to its competitors?

0.00% of National Grid's shares are currently sold short. Here is how the short interest of companies in the industry of "natural gas transmission" compare to National Grid: Enterprise Products Partners L.P. (2.35%), TC Energy Co. (1.30%), Kinder Morgan, Inc. (2.01%), The Williams Companies, Inc. (0.00%), Energy Transfer LP (2.77%), Western Midstream Partners, LP (1.25%), Targa Resources Corp. (1.19%), DCP Midstream, LP (2.93%), Antero Midstream Co. (2.75%), and Equitrans Midstream Co. (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 National Grid stock?

Short selling NGG is an investing strategy that aims to generate trading profit from National Grid as its price is falling. National Grid's stock is trading up $0.28 today. To short National Grid 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 National Grid 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 National Grid?

A short squeeze for National Grid 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 NGG, which in turn drives the price of the stock up even further.

How often is National Grid'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 NGG, twice per month. The most recent reporting period available is February, 12 2021.



This page was last updated on 3/7/2021 by MarketBeat.com Staff

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