The Boston Beer Short Interest Ratio and Short Volume

Short interest is the volume of The Boston Beer shares that have been sold short but have not yet been closed out or covered. As of February 12th, investors have sold 613,200 shares of SAM short. 6.69% of The Boston Beer'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. The Boston Beer currently has a short interest ratio of 5.0.

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. 6.69% of The Boston Beer's floating shares are currently sold short.

The Boston Beer saw a decline in short interest during the month of February. As of February 12th, there was short interest totaling 613,200 shares, a decline of 1.9% from the previous total of 625,200 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.

The Boston Beer currently has issued a total of 12,243,000 shares. Some of The Boston Beer'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. The Boston Beer currently has a public float of 9,170,000 shares.

6.69% of The Boston Beer's shares are currently sold short. Here is how the short interest of companies in the industry of "malt beverages" compare to The Boston Beer: Anheuser-Busch InBev SA/NV (0.16%), Heineken (0.00%), Carlsberg A/S (0.00%), Kirin Holdings Company, Limited (0.00%), Tsingtao Brewery Company Limited (0.00%), Molson Coors Beverage (7.49%), Compañía Cervecerías Unidas S.A. (0.00%), NewAge, Inc. (0.00%), Big Rock Brewery Inc. (0.00%), and Athena Silver Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling SAM is an investing strategy that aims to generate trading profit from The Boston Beer as its price is falling. The Boston Beer's stock is trading down $6.48 today. To short The Boston Beer 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 The Boston Beer 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 The Boston Beer 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 SAM, 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 SAM, twice per month. The most recent reporting period available is February, 12 2021.