Oak Street Health (OSH) Short Interest Ratio & Short Volume

Short interest is the volume of Oak Street Health shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 23,110,000 shares of OSH short. 19.49% of Oak Street Health's shares are currently sold short. Learn More on Oak Street Health's current short interest.

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. OSH shares currently have a short interest ratio of 4.0. Learn More on Oak Street Health's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Oak Street Health: Barclays PLC, Walleye Capital LLC, Walleye Trading LLC, Citadel Advisors LLC, Berkley W R Corp, CSS LLC IL, DLD Asset Management LP, Jefferies Financial Group Inc., Parallax Volatility Advisers L.P., Chanos & Co LP, PEAK6 Investments LLC, HAP Trading LLC, JPMorgan Chase & Co., Belvedere Trading LLC, Wolverine Asset Management LLC, Simplex Trading LLC, Barclays PLC, and Cutler Group LLC CA. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 19.49% of Oak Street Health's floating shares are currently sold short.

Oak Street Health saw a increase in short interest in April. As of April 15th, there was short interest totaling 23,110,000 shares, an increase of 12.3% from the previous total of 20,580,000 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.

Oak Street Health currently has issued a total of 243,999,000 shares. Some of Oak Street Health'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. Oak Street Health currently has a public float of 118,570,000 shares.

19.49% of Oak Street Health's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Oak Street Health: LifeStance Health Group, Inc. (15.16%), Privia Health Group, Inc. (6.13%), Henry Schein, Inc. (1.68%), DaVita Inc. (3.20%), Qiagen (1.70%), Repligen Co. (10.49%), Teleflex Incorporated (3.51%), Penumbra, Inc. (5.72%), Universal Health Services, Inc. (2.99%), United Therapeutics Co. (2.32%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.69 billion), Occidental Petroleum Co. ($3.22 billion), Coinbase Global, Inc. ($2.54 billion), T. Rowe Price Group, Inc. ($2.33 billion), Paramount Global ($2.10 billion), Verisk Analytics, Inc. ($2.03 billion), Etsy, Inc. ($1.67 billion), Old Dominion Freight Line, Inc. ($1.62 billion), CarMax, Inc. ($1.60 billion), and Extra Space Storage Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling OSH is an investing strategy that aims to generate trading profit from Oak Street Health as its price is falling. 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.

A short squeeze for Oak Street Health 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 OSH, 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 OSH, twice per month. The most recent reporting period available is April, 15 2023.