NYSE:NOC

Northrop Grumman Short Interest Ratio and Short Volume

$346.43
+1.84 (+0.53 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$343.67
Now: $346.43
$347.82
50-Day Range
$291.66
MA: $314.77
$344.59
52-Week Range
$282.88
Now: $346.43
$357.12
Volume1.87 million shs
Average Volume1.15 million shs
Market Capitalization$55.76 billion
P/E Ratio23.70
Dividend Yield1.70%
Beta0.75

Short Interest

Northrop Grumman (NYSE:NOC) Short Interest Data

Current Short Volume3,850,000 shares
Previous Short Volume4,620,000 shares
Change Vs. Previous Month:-16.67%
Dollar Volume Sold Short$1.31 billion
Short Interest Ratio / Days to Cover3.3
Last Record DateMarch, 31 2021
Outstanding Shares169,200,000 shares
Float Size160,700,000 shares
Short Percent of Float2.40%
Today's Trading Volume1,867,282 shares
Average Trading Volume1,152,686 shares
Today's Volume Vs. Average61.99%

Short Interest Over Time


Northrop Grumman (NYSE:NOC) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20213,850,000 shares $1.31 billion -16.7%2.4%3.3 $340.69
3/15/20214,620,000 shares $1.47 billion -14.1%2.8%3.9 $319.02
2/26/20215,380,000 shares $1.61 billion -21.8%3.2%4.7 $300.00
2/12/20216,880,000 shares $2.01 billion +211.3%4.1%6.4 $291.66
1/29/20212,210,000 shares $671.02 million +1.4%1.3%2.1 $303.63
1/15/20212,180,000 shares $638.81 million +28.2%1.3%2.1 $293.03
12/31/20202,160,000 shares $636.64 million +23.4%1.3%2.2 $294.74
12/15/20202,160,000 shares $640.63 million +23.4%1.3%2.2 $296.59
11/30/20201,750,000 shares $531.37 million +36.7%1.1%2 $303.64
11/15/20201,280,000 shares $386.89 million -32.3%0.8%1.5 $302.26
10/30/20201,890,000 shares $589.13 million +8.0%1.1%2.3 $311.71
10/15/20201,750,000 shares $528.71 million +36.7%1.1%2.2 $302.12
9/30/20201,280,000 shares $400.13 million -0.8%0.8%1.6 $312.60
9/15/20201,290,000 shares $423.12 million -18.9%0.8%1.6 $328.00
8/31/20201,590,000 shares $528.12 million +6.7%1.0%1.9 $332.15
8/14/20201,490,000 shares $507.17 million +2.1%0.9%1.6 $340.38
7/31/20201,460,000 shares $497.99 million +19.7%0.9%1.5 $341.09
7/15/20201,220,000 shares $396.51 million -16.4%0.7%1.2 $325.01
6/30/20201,460,000 shares $456.53 million +14.1%0.9%1.6 $312.69
6/15/20201,280,000 shares $396.63 million +12.3%0.8%1.3 $309.87
5/29/20201,140,000 shares $344.18 million -25.5%0.7%1 $301.91
5/15/20201,530,000 shares $512.86 million -10.5%0.9%1.3 $335.20
4/30/20201,710,000 shares $586.50 million +6.9%1.0%1.4 $342.98
4/15/20201,600,000 shares $523.95 million -23.8%1.0%1.3 $327.47
3/31/20202,100,000 shares $712.55 million -5.0%1.3%1.7 $339.31

Northrop Grumman (NYSE:NOC) Short Interest FAQ

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What is Northrop Grumman's current short interest?

Short interest is the volume of Northrop Grumman shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 3,850,000 shares of NOC short. 2.40% of Northrop Grumman's shares are currently sold short. View details.

What is a good short interest ratio for Northrop Grumman?

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. Northrop Grumman currently has a short interest ratio of 3.0.

What is a good short interest percentage for Northrop Grumman?

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. 2.40% of Northrop Grumman's floating shares are currently sold short.

Is Northrop Grumman's short interest increasing or decreasing?

Northrop Grumman saw a drop in short interest in March. As of March 31st, there was short interest totaling 3,850,000 shares, a drop of 16.7% from the previous total of 4,620,000 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 Northrop Grumman's float size?

Northrop Grumman currently has issued a total of 160,962,000 shares. Some of Northrop Grumman'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. Northrop Grumman currently has a public float of 160,700,000 shares.

How does Northrop Grumman's short interest compare to its competitors?

2.40% of Northrop Grumman's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "aerospace & defense" compare to Northrop Grumman: Honeywell International Inc. (0.99%), The Boeing Company (0.00%), Lockheed Martin Co. (1.44%), General Dynamics Co. (1.14%), TransDigm Group Incorporated (3.91%), HEICO Co. (2.98%), Teledyne Technologies Incorporated (0.00%), Textron Inc. (1.45%), Huntington Ingalls Industries, Inc. (2.45%), and Curtiss-Wright Co. (1.69%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Northrop Grumman stock?

Short selling NOC is an investing strategy that aims to generate trading profit from Northrop Grumman as its price is falling. Northrop Grumman's stock is trading up $1.84 today. To short Northrop Grumman 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 Northrop Grumman 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 Northrop Grumman?

A short squeeze for Northrop Grumman 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 NOC, which in turn drives the price of the stock up even further.

How often is Northrop Grumman'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 NOC, twice per month. The most recent reporting period available is March, 31 2021.



This page was last updated on 4/18/2021 by MarketBeat.com Staff
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