Ryerson Short Interest Ratio and Short Volume

Ryerson (NYSE:RYI) Short Interest Frequently Asked Questions

What is Ryerson's current short interest?

Short interest is the volume of Ryerson shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 327,400 shares of RYI short. 2.03% of Ryerson's shares are currently sold short. Learn More on Ryerson's current short interest.

What is a good short interest ratio for Ryerson?

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. Ryerson currently has a short interest ratio of 2.0. Learn More on a good short interest ratio for Ryerson

Which institutional investors are shorting Ryerson?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Ryerson: Citadel Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Ryerson?

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. 2.03% of Ryerson's floating shares are currently sold short.

Is Ryerson's short interest increasing or decreasing?

Ryerson saw a drop in short interest in December. As of December 31st, there was short interest totaling 327,400 shares, a drop of 19.5% from the previous total of 406,800 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 Ryerson's float size?

Ryerson currently has issued a total of 38,394,000 shares. Some of Ryerson'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. Ryerson currently has a public float of 16,140,000 shares.

How does Ryerson's short interest compare to its competitors?

2.03% of Ryerson's shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to Ryerson: Lithium Americas Corp. (8.77%), Daqo New Energy Corp. (0.00%), Alamos Gold Inc. (1.12%), Ingevity Co. (1.48%), Pretium Resources Inc. (1.53%), Hecla Mining (2.68%), First Majestic Silver Corp. (8.25%), Stepan (0.80%), Sinopec Shanghai Petrochemical Company Limited (0.00%), and Victrex plc (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($9.39 billion), Advanced Micro Devices, Inc. ($9.08 billion), Charter Communications, Inc. ($7.16 billion), Palo Alto Networks, Inc. ($4.05 billion), Lucid Group Inc ($3.43 billion), Wayfair Inc. ($3.11 billion), Rivian ($3.05 billion), Datadog, Inc. ($2.76 billion), Zscaler, Inc. ($2.55 billion), and Etsy, Inc. ($1.99 billion). View all of the most shorted stocks.

What does it mean to sell short Ryerson stock?

Short selling RYI is an investing strategy that aims to generate trading profit from Ryerson as its price is falling. Ryerson's stock is trading down $0.65 today. To short Ryerson 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 Ryerson 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 Ryerson?

A short squeeze for Ryerson 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 RYI, which in turn drives the price of the stock up even further.

How often is Ryerson'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 RYI, twice per month. The most recent reporting period available is December, 31 2021.