Oil States International Short Interest Ratio and Short Volume

Short interest is the volume of Oil States International shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 2,470,000 shares of OIS short. 4.20% of Oil States 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. Oil States International currently has a short interest ratio of 2.0.

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. 4.20% of Oil States International's floating shares are currently sold short.

Oil States International saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,470,000 shares, a decline of 6.1% from the previous total of 2,630,000 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.

Oil States International currently has issued a total of 61,286,000 shares. Some of Oil States 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. Oil States International currently has a public float of 58,820,000 shares.

4.20% of Oil States International's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "oil & gas equipment & services" compare to Oil States International: Schlumberger Limited (0.00%), Halliburton (0.00%), NOV Inc. (0.00%), TechnipFMC plc (3.27%), RPC, Inc. (11.44%), Dril-Quip, Inc. (5.18%), Oceaneering International, Inc. (1.68%), Seacor Holdings Inc. (0.00%), Helix Energy Solutions Group, Inc. (6.76%), and Tidewater Inc. (0.00%).

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.

Short selling OIS is an investing strategy that aims to generate trading profit from Oil States International as its price is falling. Oil States International's stock is trading down $0.05 today. To short Oil States 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 Oil States 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 Oil States International 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 OIS, 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 OIS, twice per month. The most recent reporting period available is March, 31 2021.