Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Short Interest Ratio & Short Volume

$15.35
-0.18 (-1.16%)
(As of 05/17/2024 ET)

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Short Interest Data

Current Short Volume
2,650,000 shares
Previous Short Volume
2,240,000 shares
Change Vs. Previous Month
+18.30%
Dollar Volume Sold Short
$41.42 million
Short Interest Ratio / Days to Cover
3.0
Last Record Date
April 30, 2024
Outstanding Shares
683,510,000 shares
Float Size
683,420,000 shares
Short Percent of Float
0.39%
Today's Trading Volume
569,070 shares
Average Trading Volume
1,045,667 shares
Today's Volume Vs. Average
54%
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SBS Short Interest Over Time

SBS Days to Cover Over Time

SBS Percentage of Float Shorted Over Time

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/30/20242,650,000 shares $41.42 million +18.3%0.4%3 $15.63
4/15/20242,240,000 shares $34.76 million -16.1%0.3%2.5 $15.52
3/31/20242,670,000 shares $44.94 million +10.3%0.4%3 $16.83
3/15/20242,420,000 shares $36.93 million +31.5%0.4%2.8 $15.26
2/29/20241,840,000 shares $29.07 million -18.2%0.3%2.1 $15.80
2/15/20242,250,000 shares $36.37 million -2.6%0.3%2.5 $16.17
1/31/20242,310,000 shares $36.82 million +12.7%0.3%2.4 $15.94
1/15/20242,050,000 shares $32.55 million +7.9%0.3%1.9 $15.88
12/31/20231,900,000 shares $28.94 million -12.4%0.3%1.7 $15.23
12/15/20232,170,000 shares $31.05 million -7.3%0.3%1.8 $14.31
11/30/20232,340,000 shares $32.10 million -18.2%0.3%1.9 $13.72
11/15/20232,860,000 shares $37.25 million -6.8%0.4%2.4 $13.03
10/31/20233,070,000 shares $35.43 million +12.0%0.5%2.5 $11.54
10/15/20232,740,000 shares $32.96 million +51.4%0.4%2.1 $12.03
9/30/20231,810,000 shares $21.94 million +9.7%0.3%1.6 $12.12
9/15/20231,650,000 shares $20.33 million -31.3%0.2%1.4 $12.32
8/31/20232,400,000 shares $27.84 million -11.8%0.4%2.1 $11.60
8/15/20232,720,000 shares $30.00 million -0.4%0.4%2.2 $11.03
7/31/20232,730,000 shares $33.35 million +17.2%0.4%2.1 $12.22
7/15/20232,330,000 shares $26.42 million +3.6%0.3%1.6 $11.34
6/30/20232,250,000 shares $26.64 million -43.9%0.3%1.5 $11.84
6/15/20234,010,000 shares $44.59 million -12.8%0.6%2.4 $11.12
5/31/20234,600,000 shares $47.93 million +52.3%0.7%2.6 $10.42
5/15/20233,020,000 shares $32.62 million -31.8%0.4%1.7 $10.80
4/30/20234,430,000 shares $40.98 million +10.2%0.7%2.4 $9.25
4/15/20234,020,000 shares $40.60 million -0.3%0.6%2.2 $10.10
3/31/20234,030,000 shares $40.34 million +7.5%0.6%2.2 $10.01
3/15/20233,750,000 shares $37.76 million +30.7%0.6%1.9 $10.07
2/28/20232,870,000 shares $28.56 million -5.9%0.4%1.3 $9.95
2/15/20233,050,000 shares $31.75 million -21.8%0.5%1.3 $10.41
1/31/20233,900,000 shares $42.94 million -22.3%0.6%1.4 $11.01
1/15/20235,020,000 shares $53.71 million -14.3%0.7%1.7 $10.70
12/30/20225,860,000 shares $62.47 million +11.2%0.9%1.8 $10.66
12/15/20225,270,000 shares $54.86 million -4.2%0.8%1.4 $10.41
11/30/20225,500,000 shares $63.53 million -30.1%0.8%1.5 $11.55
11/15/20227,870,000 shares $86.33 million +30.7%1.2%2.1 $10.97
10/31/20226,020,000 shares $69.59 million +23.1%0.9%1.8 $11.56
10/15/20224,890,000 shares $49.83 million -8.9%0.7%1.5 $10.19
9/30/20225,370,000 shares $48.92 million +49.6%0.8%1.9 $9.11
9/15/20223,590,000 shares $33.42 million -15.5%N/A1.7 $9.31
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SBS Short Interest - Frequently Asked Questions

What is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's current short interest?

Short interest is the volume of Companhia de Saneamento Básico do Estado de São Paulo - SABESP shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 2,650,000 shares of SBS short. 0.39% of Companhia de Saneamento Básico do Estado de São Paulo - SABESP's shares are currently sold short. Learn More on Companhia de Saneamento Básico do Estado de São Paulo - SABESP's current short interest.

What is a good short interest ratio for Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

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. SBS shares currently have a short interest ratio of 3.0. Learn More on Companhia de Saneamento Básico do Estado de São Paulo - SABESP's short interest ratio.

What is a good short interest percentage for Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

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. 0.39% of Companhia de Saneamento Básico do Estado de São Paulo - SABESP's floating shares are currently sold short.

Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's short interest increasing or decreasing?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,650,000 shares, an increase of 18.3% from the previous total of 2,240,000 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.

What is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's float size?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP currently has issued a total of 683,510,000 shares. Some of Companhia de Saneamento Básico do Estado de São Paulo - SABESP'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. Companhia de Saneamento Básico do Estado de São Paulo - SABESP currently has a public float of 683,420,000 shares.

How does Companhia de Saneamento Básico do Estado de São Paulo - SABESP's short interest compare to its competitors?

0.39% of Companhia de Saneamento Básico do Estado de São Paulo - SABESP's shares are currently sold short. Here is how the short interest of companies in the sector of "utilities" compare to Companhia de Saneamento Básico do Estado de São Paulo - SABESP: Essential Utilities, Inc. (2.46%), California Water Service Group (2.46%), American States Water (1.03%), American Water Works Company, Inc. (1.52%), Pinnacle West Capital Co. (3.16%), NiSource Inc. (1.70%), Alliant Energy Co. (2.06%), Brookfield Renewable Partners L.P. (0.97%), OGE Energy Corp. (2.41%), Avangrid, Inc. (3.99%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

What does it mean to sell short Companhia de Saneamento Básico do Estado de São Paulo - SABESP stock?

Short selling SBS is an investing strategy that aims to generate trading profit from Companhia de Saneamento Básico do Estado de São Paulo - SABESP as its price is falling. SBS shares are trading down $0.18 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.

How does a short squeeze work against Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

A short squeeze for Companhia de Saneamento Básico do Estado de São Paulo - SABESP 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 SBS, which in turn drives the price of the stock up even further.

How often is Companhia de Saneamento Básico do Estado de São Paulo - SABESP'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 SBS, twice per month. The most recent reporting period available is April, 30 2024.



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This page (NYSE:SBS) was last updated on 5/19/2024 by MarketBeat.com Staff

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