S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
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Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
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Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom

Shake Shack (SHAK) Short Interest Ratio & Short Volume

$94.93
-1.60 (-1.66%)
(As of 04/17/2024 ET)

Shake Shack Short Interest Data

Current Short Volume
3,160,000 shares
Previous Short Volume
3,250,000 shares
Change Vs. Previous Month
-2.77%
Dollar Volume Sold Short
$328.73 million
Short Interest Ratio / Days to Cover
3.2
Last Record Date
March 31, 2024
Outstanding Shares
42,310,000 shares
Float Size
37,470,000 shares
Short Percent of Float
8.43%
Today's Trading Volume
741,358 shares
Average Trading Volume
777,208 shares
Today's Volume Vs. Average
95%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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SHAK Short Interest Over Time

SHAK Days to Cover Over Time

SHAK Percentage of Float Shorted Over Time

Shake Shack Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20243,160,000 shares $328.73 million -2.8%8.4%3.2 $104.03
3/15/20243,250,000 shares $336.64 million +2.5%8.7%3.3 $103.58
2/29/20243,170,000 shares $336.92 million -9.4%8.5%3.1 $106.29
2/15/20243,500,000 shares $344.40 million -1.4%9.4%3.7 $98.40
1/31/20243,550,000 shares $268.24 million +6.0%9.5%4.5 $75.56
1/15/20243,350,000 shares $220.77 million +0.9%9.0%4.1 $65.90
12/31/20233,320,000 shares $246.08 million +7.8%8.9%4.2 $74.12
12/15/20233,080,000 shares $222.87 million +8.5%8.2%3.9 $72.36
11/30/20232,840,000 shares $171.99 million -0.7%7.6%3.7 $60.56
11/15/20232,860,000 shares $172.94 million -7.7%7.7%3.7 $60.47
10/31/20233,100,000 shares $173.76 million +3.0%8.3%4 $56.05
10/15/20233,010,000 shares $161.10 million -9.6%8.1%4 $53.52
9/30/20233,330,000 shares $193.37 million +8.8%8.9%4.5 $58.07
9/15/20233,060,000 shares $189.96 million +8.5%8.2%4.2 $62.08
8/31/20232,820,000 shares $197.40 million +7.6%7.5%3.9 $70.00
8/15/20232,620,000 shares $199.54 million +15.4%7.0%3.6 $76.16
7/31/20232,270,000 shares $176.29 million -7.4%6.1%2.9 $77.66
7/15/20232,450,000 shares $192.94 million -5.8%6.6%2.9 $78.75
6/30/20232,600,000 shares $202.12 million +5.7%7.0%3 $77.74
6/15/20232,460,000 shares $177.44 million -4.7%6.6%2.9 $72.13
5/31/20232,580,000 shares $170.69 million -11.3%6.9%3 $66.16
5/15/20232,910,000 shares $204.57 million -22.0%7.8%3.2 $70.30
4/30/20233,730,000 shares $204.44 million -3.1%10.0%4.2 $54.81
4/15/20233,850,000 shares $208.02 million -2.0%10.4%4.8 $54.03
3/31/20233,930,000 shares $218.08 million +17.0%10.6%4.4 $55.49
3/15/20233,360,000 shares $186.38 million +8.4%9.0%3.7 $55.47
2/28/20233,100,000 shares $172.95 million +7.3%8.3%3.6 $55.79
2/15/20232,890,000 shares $169.61 million -11.4%7.8%3.4 $58.69
1/31/20233,260,000 shares $185.43 million +4.8%8.8%4.2 $56.88
1/15/20233,110,000 shares $175.28 million +10.7%8.4%3.7 $56.36
12/30/20222,810,000 shares $116.70 million -3.1%7.6%3.5 $41.53
12/15/20222,900,000 shares $140.24 million -1.7%7.8%3.8 $48.36
11/30/20222,950,000 shares $155.17 million +1.0%7.9%3.7 $52.60
11/15/20222,920,000 shares $150.88 million -13.1%7.9%3.6 $51.67
10/31/20223,360,000 shares $186.72 million -15.2%9.0%4.1 $55.57
10/15/20223,960,000 shares $189.41 million -5.0%10.6%4.8 $47.83
9/30/20224,170,000 shares $187.57 million +7.2%11.2%4.9 $44.98
9/15/20223,890,000 shares $196.02 million +13.7%10.5%4.6 $50.39
8/31/20223,420,000 shares $163.00 million +10.3%9.2%4.2 $47.66
8/15/20223,100,000 shares $167.56 million -20.1%8.3%3.6 $54.05
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SHAK Short Interest - Frequently Asked Questions

What is Shake Shack's current short interest?

Short interest is the volume of Shake Shack shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 3,160,000 shares of SHAK short. 8.43% of Shake Shack's shares are currently sold short. Learn More on Shake Shack's current short interest.

What is a good short interest ratio for Shake Shack?

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. SHAK shares currently have a short interest ratio of 3.0. Learn More on Shake Shack's short interest ratio.

Which institutional investors are shorting Shake Shack?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Shake Shack: HBK Investments L P, GTS Securities LLC, Wolverine Trading LLC, Citadel Advisors LLC, Capital Fund Management S.A., PEAK6 Investments LLC, IMC Chicago LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Shake Shack?

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. 8.43% of Shake Shack's floating shares are currently sold short.

Is Shake Shack's short interest increasing or decreasing?

Shake Shack saw a decline in short interest in March. As of March 31st, there was short interest totaling 3,160,000 shares, a decline of 2.8% from the previous total of 3,250,000 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 Shake Shack's float size?

Shake Shack currently has issued a total of 42,310,000 shares. Some of Shake Shack'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. Shake Shack currently has a public float of 37,470,000 shares.

How does Shake Shack's short interest compare to its competitors?

8.43% of Shake Shack's shares are currently sold short. Here is how the short interest of companies in the sector of "retail/wholesale" compare to Shake Shack: The Wendy's Company (4.31%), Advance Auto Parts, Inc. (7.40%), Signet Jewelers Limited (8.89%), Rush Enterprises, Inc. (3.67%), Asbury Automotive Group, Inc. (10.06%), American Eagle Outfitters, Inc. (11.66%), GMS Inc. (2.06%), Rush Enterprises, Inc. (0.56%), Group 1 Automotive, Inc. (16.43%), Capri Holdings Limited (5.70%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short Shake Shack stock?

Short selling SHAK is an investing strategy that aims to generate trading profit from Shake Shack as its price is falling. SHAK shares are trading down $1.60 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 Shake Shack?

A short squeeze for Shake Shack 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 SHAK, which in turn drives the price of the stock up even further.

How often is Shake Shack'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 SHAK, twice per month. The most recent reporting period available is March, 31 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:SHAK) was last updated on 4/18/2024 by MarketBeat.com Staff

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