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
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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
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NYSE:OC

Owens Corning Short Interest Ratio and Short Volume

$80.82
+3.34 (+4.31 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$76.60
Now: $80.82
$81.16
50-Day Range
$76.91
MA: $82.68
$86.94
52-Week Range
$28.56
Now: $80.82
$87.89
Volume1.08 million shs
Average Volume981,871 shs
Market Capitalization$8.48 billion
P/E RatioN/A
Dividend Yield1.30%
Beta1.54

Short Interest

Owens Corning (NYSE:OC) Short Interest Data

Current Short Volume1,920,000 shares
Previous Short Volume2,210,000 shares
Change Vs. Previous Month:-13.12%
Dollar Volume Sold Short$155.56 million
Short Interest Ratio / Days to Cover2.0
Last Record DateFebruary, 12 2021
Outstanding Shares108,790,000 shares
Float Size103,210,000 shares
Short Percent of Float1.86%
Today's Trading Volume1,079,634 shares
Average Trading Volume981,871 shares
Today's Volume Vs. Average9.96%

Short Interest Over Time


Owens Corning (NYSE:OC) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20211,920,000 shares $155.56 million -13.1%1.9%2 $81.02
1/29/20212,210,000 shares $187.72 million -8.7%2.1%2.4 $84.94
1/15/20212,420,000 shares $189.22 million +7.1%2.3%2.4 $78.19
12/31/20201,300,000 shares $105.26 million -10.3%1.2%1.4 $80.97
12/15/20201,300,000 shares $97.73 million -10.3%1.2%1.4 $75.18
11/30/20201,450,000 shares $111.46 million -20.3%1.4%1.6 $76.87
11/15/20201,820,000 shares $132.62 million +23.8%1.7%2 $72.87
10/30/20201,470,000 shares $104.61 million -10.9%1.4%1.7 $71.16
10/15/20201,650,000 shares $113.62 million -4.1%1.6%1.9 $68.86
9/30/20201,720,000 shares $128.62 million -6.0%1.6%1.9 $74.78
9/15/20201,830,000 shares $122.48 million -5.7%1.7%2 $66.93
8/31/20201,940,000 shares $125.67 million +10.2%1.8%2.1 $64.78
8/14/20201,760,000 shares $122.36 million -0.6%1.7%1.7 $69.52
7/31/20201,770,000 shares $119.48 million -28.6%1.7%1.6 $67.50
7/15/20202,480,000 shares $149.97 million -5.3%2.3%2.1 $60.47
6/30/20202,620,000 shares $161.81 million -11.5%2.5%2.1 $61.76
6/15/20202,960,000 shares $159.81 million -16.2%2.8%2.2 $53.99
5/29/20203,530,000 shares $186.91 million +5.1%3.3%2.2 $52.95
5/15/20203,360,000 shares $176.40 million +37.1%3.2%2 $52.50
4/30/20202,450,000 shares $133.26 million -37.2%2.3%1.5 $54.39
4/15/20203,900,000 shares $164.93 million +27.0%3.7%2.4 $42.29
3/31/20203,070,000 shares $113.90 million -36.0%2.9%1.9 $37.10
3/13/20204,793,200 shares $211.38 million -20.4%4.5%3.7 $44.10
2/28/20206,020,000 shares $187.28 million -3.2%5.7%4.7 $31.11
2/14/20206,220,000 shares $305.53 million -9.9%5.8%5.4 $49.12

Owens Corning (NYSE:OC) Short Interest FAQ

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What is Owens Corning's current short interest?

Short interest is the volume of Owens Corning shares that have been sold short but have not yet been covered or closed out. As of February 12th, investors have sold 1,920,000 shares of OC short. 1.86% of Owens Corning's shares are currently sold short. View details.

What is a good short interest ratio for Owens Corning?

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. Owens Corning currently has a short interest ratio of 2.0.

What is a good short interest percentage for Owens Corning?

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. 1.86% of Owens Corning's floating shares are currently sold short.

Is Owens Corning's short interest increasing or decreasing?

Owens Corning saw a drop in short interest in February. As of February 12th, there was short interest totaling 1,920,000 shares, a drop of 13.1% from the previous total of 2,210,000 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 Owens Corning's float size?

Owens Corning currently has issued a total of 104,926,000 shares. Some of Owens Corning'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. Owens Corning currently has a public float of 103,210,000 shares.

How does Owens Corning's short interest compare to its competitors?

1.86% of Owens Corning's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "building products" compare to Owens Corning: Masco Co. (2.02%), Fortune Brands Home & Security, Inc. (1.32%), Lennox International Inc. (5.31%), Trex Company, Inc. (0.00%), A. O. Smith Co. (3.05%), Builders FirstSource, Inc. (0.00%), Simpson Manufacturing Co., Inc. (2.04%), Armstrong World Industries, Inc. (2.61%), UFP Industries, Inc. (1.67%), and AAON, Inc. (7.11%).

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 Owens Corning stock?

Short selling OC is an investing strategy that aims to generate trading profit from Owens Corning as its price is falling. Owens Corning's stock is trading up $3.34 today. To short Owens Corning 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 Owens Corning 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 Owens Corning?

A short squeeze for Owens Corning 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 OC, which in turn drives the price of the stock up even further.

How often is Owens Corning'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 OC, 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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