Sherwin-Williams (SHW) Short Interest Ratio & Short Volume

Short interest is the volume of Sherwin-Williams shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 3,040,000 shares of SHW short. 1.28% of Sherwin-Williams' shares are currently sold short. Learn More on Sherwin-Williams' current short interest.

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. SHW shares currently have a short interest ratio of 2.0. Learn More on Sherwin-Williams's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Sherwin-Williams: Wolverine Trading LLC, Walleye Capital LLC, Walleye Trading LLC, Point72 Asset Management L.P., Point72 Middle East FZE, Caas Capital Management LP, Citadel Advisors LLC, Capula Management Ltd, Two Sigma Securities LLC, Garda Capital Partners LP, Parallax Volatility Advisers L.P., PEAK6 Investments LLC, JPMorgan Chase & Co., Lido Advisors LLC, Mission Wealth Management LP, SpiderRock Advisors LLC, CenterStar Asset Management LLC, and Portman Square Capital LLP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.28% of Sherwin-Williams' floating shares are currently sold short.

Sherwin-Williams saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,040,000 shares, a decrease of 2.9% from the previous total of 3,130,000 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.

Sherwin-Williams currently has issued a total of 257,150,000 shares. Some of Sherwin-Williams' 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. Sherwin-Williams currently has a public float of 236,740,000 shares.

1.28% of Sherwin-Williams' shares are currently sold short. Here is how the short interest of companies compare to Sherwin-Williams: Air Products and Chemicals, Inc. (0.84%), Linde plc (0.61%), Vale S.A. (1.20%), Southern Copper Co. (7.14%), Freeport-McMoRan Inc. (1.11%), Rio Tinto Group (0.91%), Ecolab Inc. (0.69%), Nucor Co. (2.28%), Dow Inc. (1.60%), DuPont de Nemours, Inc. (1.30%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.69 billion), Canadian Natural Resources Limited ($3.67 billion), T-Mobile US, Inc. ($3.56 billion), Suncor Energy Inc. ($3.20 billion), Occidental Petroleum Co. ($3.19 billion), Celsius Holdings, Inc. ($2.09 billion), Tractor Supply ($2.08 billion), Moderna, Inc. ($2.04 billion), Royal Caribbean Cruises Ltd. ($2.00 billion), and Rivian Automotive, Inc. ($1.96 billion). View all of the most shorted stocks.

Short selling SHW is an investing strategy that aims to generate trading profit from Sherwin-Williams as its price is falling. SHW shares are trading down $2.34 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.

A short squeeze for Sherwin-Williams 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 SHW, 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 SHW, twice per month. The most recent reporting period available is August, 31 2023.