Ferrari - RACE Short Interest Ratio & Short Volume

Short interest is the volume of Ferrari shares that have been sold short but have not yet been covered or closed out. As of February 28th, traders have sold 1,900,000 shares of RACE short. 1.55% of Ferrari's shares are currently sold short. Learn More on Ferrari'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. RACE shares currently have a short interest ratio of 6.0. Learn More on Ferrari's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Ferrari: Parallax Volatility Advisers L.P., Jane Street Group LLC, Centiva Capital LP, Susquehanna International Group LLP, Twin Tree Management LP, Compagnie Lombard Odier SCmA, JPMorgan Chase & Co., Optiver Holding B.V., Citigroup Inc., UBS Group AG, Simplex Trading LLC, and Concourse Financial Group Securities Inc.. 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. 1.55% of Ferrari's floating shares are currently sold short.

Ferrari saw a drop in short interest in February. As of February 28th, there was short interest totaling 1,900,000 shares, a drop of 3.1% from the previous total of 1,960,000 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.

Ferrari currently has issued a total of 0 shares. Some of Ferrari'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. Ferrari currently has a public float of 122,470,000 shares.

1.55% of Ferrari's shares are currently sold short. Here is how the short interest of companies in the industry of "motor vehicles & car bodies" compare to Ferrari: Lightning eMotors, Inc. (14.40%), Volcon, Inc. (0.89%), Vicinity Motor Corp. (1.01%), Electrameccanica Vehicles Corp. (9.06%), REE Automotive Ltd. (0.39%), Cenntro Electric Group Limited (4.52%), Lordstown Motors Corp. (15.62%), Workhorse Group Inc. (25.06%), Niu Technologies (1.14%), and Faraday Future Intelligent Electric Inc. (26.29%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling RACE is an investing strategy that aims to generate trading profit from Ferrari as its price is falling. RACE shares are trading down $0.75 today. 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 Ferrari 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 RACE, 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 RACE, twice per month. The most recent reporting period available is February, 28 2023.