Quorum Health (QHC) Short Interest Ratio & Short Volume

Short interest is the volume of Quorum Health shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 2,380,000 shares of QHC short. 8.35% of Quorum Health's shares are currently sold short. Learn More on Quorum 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. QHC shares currently have a short interest ratio of 6.0. Learn More on Quorum Health's short interest ratio.

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. 8.35% of Quorum Health's floating shares are currently sold short.

Quorum Health saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,380,000 shares, a decrease of 16.5% from the previous total of 2,851,600 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.

Quorum Health currently has issued a total of 32,916,000 shares. Some of Quorum 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. Quorum Health currently has a public float of 28,510,000 shares.

8.35% of Quorum Health's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Quorum Health: Alterity Therapeutics Limited (1.09%), Organovo Holdings, Inc. (1.49%), Elevai Labs, Inc. (0.32%), BioCardia, Inc. (1.01%), Novo Integrated Sciences, Inc. (6.14%), Moleculin Biotech, Inc. (1.24%), Guardion Health Sciences, Inc. (14.39%), Akari Therapeutics, Plc (0.01%), BioNexus Gene Lab Corp. (1.41%), Telesis Bio, Inc. (1.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($14.28 billion), AbbVie Inc. ($7.08 billion), Charter Communications, Inc. ($4.56 billion), Match Group, Inc. ($2.93 billion), The Charles Schwab Co. ($2.49 billion), Microchip Technology Incorporated ($2.36 billion), Carvana Co. ($2.20 billion), International Flavors & Fragrances Inc. ($1.93 billion), The Clorox Company ($1.88 billion), and PDD Holdings Inc. ($1.77 billion). View all of the most shorted stocks.

Short selling QHC is an investing strategy that aims to generate trading profit from Quorum 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 Quorum 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 QHC, 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 QHC, twice per month. The most recent reporting period available is March, 31 2020.