S&P 500   3,896.66 (-0.13%)
DOW   31,577.05 (+0.13%)
QQQ   321.37 (-0.69%)
AAPL   126.29 (-1.17%)
MSFT   235.01 (-0.81%)
FB   265.07 (+0.06%)
GOOGL   2,076.86 (+0.35%)
TSLA   703.97 (-2.01%)
AMZN   3,139.33 (-0.22%)
NVDA   545.72 (-1.44%)
BABA   238.35 (-1.38%)
CGC   35.52 (+2.27%)
GE   13.04 (-0.53%)
MU   92.15 (-2.75%)
NIO   44.39 (-10.79%)
AMD   85.68 (-0.82%)
T   28.31 (+0.78%)
F   12.58 (+5.01%)
ACB   11.35 (+2.81%)
DIS   194.48 (-0.26%)
BA   224.02 (-0.16%)
NFLX   551.93 (+0.23%)
BAC   35.59 (-0.56%)
S&P 500   3,896.66 (-0.13%)
DOW   31,577.05 (+0.13%)
QQQ   321.37 (-0.69%)
AAPL   126.29 (-1.17%)
MSFT   235.01 (-0.81%)
FB   265.07 (+0.06%)
GOOGL   2,076.86 (+0.35%)
TSLA   703.97 (-2.01%)
AMZN   3,139.33 (-0.22%)
NVDA   545.72 (-1.44%)
BABA   238.35 (-1.38%)
CGC   35.52 (+2.27%)
GE   13.04 (-0.53%)
MU   92.15 (-2.75%)
NIO   44.39 (-10.79%)
AMD   85.68 (-0.82%)
T   28.31 (+0.78%)
F   12.58 (+5.01%)
ACB   11.35 (+2.81%)
DIS   194.48 (-0.26%)
BA   224.02 (-0.16%)
NFLX   551.93 (+0.23%)
BAC   35.59 (-0.56%)
S&P 500   3,896.66 (-0.13%)
DOW   31,577.05 (+0.13%)
QQQ   321.37 (-0.69%)
AAPL   126.29 (-1.17%)
MSFT   235.01 (-0.81%)
FB   265.07 (+0.06%)
GOOGL   2,076.86 (+0.35%)
TSLA   703.97 (-2.01%)
AMZN   3,139.33 (-0.22%)
NVDA   545.72 (-1.44%)
BABA   238.35 (-1.38%)
CGC   35.52 (+2.27%)
GE   13.04 (-0.53%)
MU   92.15 (-2.75%)
NIO   44.39 (-10.79%)
AMD   85.68 (-0.82%)
T   28.31 (+0.78%)
F   12.58 (+5.01%)
ACB   11.35 (+2.81%)
DIS   194.48 (-0.26%)
BA   224.02 (-0.16%)
NFLX   551.93 (+0.23%)
BAC   35.59 (-0.56%)
S&P 500   3,896.66 (-0.13%)
DOW   31,577.05 (+0.13%)
QQQ   321.37 (-0.69%)
AAPL   126.29 (-1.17%)
MSFT   235.01 (-0.81%)
FB   265.07 (+0.06%)
GOOGL   2,076.86 (+0.35%)
TSLA   703.97 (-2.01%)
AMZN   3,139.33 (-0.22%)
NVDA   545.72 (-1.44%)
BABA   238.35 (-1.38%)
CGC   35.52 (+2.27%)
GE   13.04 (-0.53%)
MU   92.15 (-2.75%)
NIO   44.39 (-10.79%)
AMD   85.68 (-0.82%)
T   28.31 (+0.78%)
F   12.58 (+5.01%)
ACB   11.35 (+2.81%)
DIS   194.48 (-0.26%)
BA   224.02 (-0.16%)
NFLX   551.93 (+0.23%)
BAC   35.59 (-0.56%)
Log in
NYSE:SHG

Shinhan Financial Group Short Interest Ratio and Short Volume

$29.58
-0.04 (-0.14 %)
(As of 03/2/2021 12:11 PM ET)
Add
Compare
Today's Range
$29.45
Now: $29.58
$29.68
50-Day Range
$27.67
MA: $29.52
$31.43
52-Week Range
$17.09
Now: $29.58
$32.10
Volume1,107 shs
Average Volume108,962 shs
Market Capitalization$15.28 billion
P/E Ratio5.16
Dividend Yield4.00%
Beta0.86

Short Interest

Shinhan Financial Group (NYSE:SHG) Short Interest Data

Current Short Volume282,500 shares
Previous Short Volume211,000 shares
Change Vs. Previous Month:+33.89%
Dollar Volume Sold Short$8.18 million
Short Interest Ratio / Days to Cover2.6
Last Record DateFebruary, 12 2021
Outstanding Shares474,200,000 shares
Percentage of Shares Shorted0.05%
Today's Trading Volume1,107 shares
Average Trading Volume108,962 shares
Today's Volume Vs. Average-98.98%

Short Interest Over Time


Shinhan Financial Group (NYSE:SHG) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/2021282,500 shares $8.18 million +33.9%N/A2.6 $28.97
1/29/2021211,000 shares $6.22 million +5.0%N/A2 $29.48
1/15/2021200,900 shares $5.90 million +140.6%N/A1.9 $29.38
12/31/2020134,000 shares $4.06 million +24.3%N/A1.2 $30.33
12/15/2020134,000 shares $3.96 million +24.3%N/A1.2 $29.58
11/30/2020107,800 shares $3.28 million -18.1%N/A0.9 $30.39
11/15/2020131,600 shares $3.92 million +29.2%N/A1.1 $29.80
10/30/2020101,900 shares $3.02 million -32.9%N/A0.8 $29.64
10/15/2020151,800 shares $4.00 million +155.6%N/A1.1 $26.36
9/30/202059,400 shares $1.45 million -42.6%N/A0.4 $24.40
9/15/2020103,500 shares $2.41 million -29.8%N/A0.8 $23.29
8/31/2020147,400 shares $3.51 million +8.2%N/A1.1 $23.84
8/14/2020136,200 shares $3.44 million +54.6%N/A1 $25.25
7/31/202088,100 shares $2.48 million -16.7%N/A0.6 $28.19
7/15/2020105,800 shares $2.63 million +89.6%N/A0.7 $24.83
6/30/202055,800 shares $1.39 million -19.4%N/A0.4 $24.86
6/15/202069,200 shares $1.73 million -40.4%N/A0.4 $24.94
5/29/2020116,100 shares $2.85 million -21.3%N/A0.6 $24.52
5/15/2020147,600 shares $3.62 million -9.5%N/A0.7 $24.50
4/30/2020163,000 shares $3.96 million +15.4%N/A0.8 $24.30
4/15/2020141,300 shares $3.37 million +3.7%N/A0.8 $23.88
3/31/2020136,300 shares $3.03 million -14.7%N/A0.8 $22.21
3/13/2020159,800 shares $3.74 million +16.6%0.0%1.3 $23.42
2/28/2020137,000 shares $2.38 million -19.4%N/A1.1 $17.37
2/14/2020169,900 shares $4.33 million +17.1%N/A1.7 $25.49

Shinhan Financial Group (NYSE:SHG) Short Interest FAQ

speech bubbles
speech bubbles











What is Shinhan Financial Group's current short interest?

Short interest is the volume of Shinhan Financial Group shares that have been sold short but have not yet been closed out or covered. As of February 12th, investors have sold 282,500 shares of SHG short.

What is a good short interest ratio for Shinhan Financial Group?

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. Shinhan Financial Group currently has a short interest ratio of 3.0.

Is Shinhan Financial Group's short interest increasing or decreasing?

Shinhan Financial Group saw a increase in short interest during the month of February. As of February 12th, there was short interest totaling 282,500 shares, an increase of 33.9% from the previous total of 211,000 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.

How does Shinhan Financial Group's short interest compare to its competitors?

0.00% of Shinhan Financial Group's shares are currently sold short. Here is how the short interest of companies in the industry of "national commercial banks" compare to Shinhan Financial Group: UBS Group AG (0.23%), Capital One Financial Co. (1.02%), National Australia Bank Limited (0.00%), DBS Group Holdings Ltd (0.00%), Intesa Sanpaolo S.p.A. (0.00%), Mizuho Financial Group, Inc. (0.01%), China Minsheng Banking Corp., Ltd. (0.00%), Standard Chartered PLC (0.00%), Regions Financial Co. (2.68%), and KeyCorp (1.38%).

Which stocks are the most shorted right now?

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.

What does it mean to sell short Shinhan Financial Group stock?

Short selling SHG is an investing strategy that aims to generate trading profit from Shinhan Financial Group as its price is falling. Shinhan Financial Group's stock is trading down $0.04 today. To short Shinhan Financial Group 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 Shinhan Financial Group 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 Shinhan Financial Group?

A short squeeze for Shinhan Financial Group 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 SHG, which in turn drives the price of the stock up even further.

How often is Shinhan Financial Group'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 SHG, twice per month. The most recent reporting period available is February, 12 2021.



This page was last updated on 3/2/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.