NYSE:SKT

Tanger Factory Outlet Centers Short Interest Ratio and Short Volume

$16.51
+0.59 (+3.71 %)
(As of 04/21/2021 12:00 AM ET)
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Today's Range
$15.70
Now: $16.51
$16.63
50-Day Range
$14.89
MA: $16.50
$17.74
52-Week Range
$5.05
Now: $16.51
$22.40
Volume1.54 million shs
Average Volume5.04 million shs
Market Capitalization$1.66 billion
P/E RatioN/A
Dividend Yield4.46%
Beta2.1

Short Interest

Tanger Factory Outlet Centers (NYSE:SKT) Short Interest Data

Current Short Volume23,340,000 shares
Previous Short Volume23,670,000 shares
Change Vs. Previous Month-1.39%
Dollar Volume Sold Short$392.58 million
Short Interest Ratio / Days to Cover4.3
Last Record DateMarch, 31 2021
Outstanding Shares94,100,000 shares
Percentage of Shares Shorted23.16%
Today's Trading Volume1,543,455 shares
Average Trading Volume5,036,610 shares
Today's Volume Vs. Average-69.36%

Short Interest Over Time


Tanger Factory Outlet Centers (NYSE:SKT) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202123,340,000 shares $392.58 million -1.4%N/A4.3 $16.82
3/15/202123,670,000 shares $389.84 million -18.7%26.4%4.3 $16.47
2/26/202129,100,000 shares $482.19 million -2.1%32.4%5.4 $16.57
2/12/202129,720,000 shares $467.79 million -19.3%33.0%7.4 $15.74
1/29/202136,840,000 shares $533.44 million -22.0%40.9%9 $14.48
1/15/202147,250,000 shares $764.98 million +5.5%52.4%13.6 $16.19
12/31/202044,780,000 shares $490.79 million +3.5%49.7%19 $10.96
12/15/202044,780,000 shares $454.07 million +3.5%49.7%19 $10.14
11/30/202043,270,000 shares $456.50 million +7.1%48.0%17.4 $10.55
11/15/202040,420,000 shares $381.97 million -6.1%44.8%16.7 $9.45
10/30/202043,050,000 shares $374.54 million -6.6%47.4%18.2 $8.70
10/15/202046,110,000 shares $290.49 million -3.1%50.7%18.7 $6.30
9/30/202047,560,000 shares $299.63 million -1.1%52.3%18.4 $6.30
9/15/202048,110,000 shares $281.44 million +5.2%52.9%17.7 $5.85
8/31/202045,750,000 shares $254.37 million -0.5%50.4%15.9 $5.56
8/14/202045,960,000 shares $255.54 million +1.4%50.6%13.5 $5.56
7/31/202045,310,000 shares $285.91 million -6.8%49.9%12.6 $6.31
7/15/202048,620,000 shares $312.63 million -3.6%53.5%13.2 $6.43
6/30/202050,420,000 shares $328.74 million -1.9%55.5%13 $6.52
6/15/202051,400,000 shares $361.34 million +6.2%56.6%12 $7.03
5/29/202048,420,000 shares $324.41 million -1.5%53.3%10.8 $6.70
5/15/202049,160,000 shares $302.33 million +1.4%54.1%11.4 $6.15
4/30/202048,480,000 shares $328.69 million +7.8%53.6%11.2 $6.78
4/15/202044,980,000 shares $274.83 million +2.5%49.7%8.1 $6.11
3/31/202043,890,000 shares $247.54 million -1.9%48.3%7.6 $5.64

Tanger Factory Outlet Centers (NYSE:SKT) Short Interest FAQ

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What is Tanger Factory Outlet Centers' current short interest?

Short interest is the volume of Tanger Factory Outlet Centers shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 23,340,000 shares of SKT short.

What is a good short interest ratio for Tanger Factory Outlet Centers?

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. Tanger Factory Outlet Centers currently has a short interest ratio of 4.0.

Is Tanger Factory Outlet Centers' short interest increasing or decreasing?

Tanger Factory Outlet Centers saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 23,340,000 shares, a drop of 1.4% from the previous total of 23,670,000 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 Tanger Factory Outlet Centers' short interest compare to its competitors?

0.00% of Tanger Factory Outlet Centers' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "retail reits" compare to Tanger Factory Outlet Centers: Simon Property Group, Inc. (0.00%), Realty Income Co. (0.00%), Kimco Realty Corp (4.58%), Federal Realty Investment Trust (0.00%), National Retail Properties, Inc. (0.00%), Agree Realty Co. (0.00%), Weingarten Realty Investors (2.38%), Retail Properties of America, Inc. (2.54%), Retail Opportunity Investments Corp. (0.00%), and The Macerich Company (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Tanger Factory Outlet Centers stock?

Short selling SKT is an investing strategy that aims to generate trading profit from Tanger Factory Outlet Centers as its price is falling. Tanger Factory Outlet Centers' stock is trading up $0.59 today. To short Tanger Factory Outlet Centers 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 Tanger Factory Outlet Centers 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 Tanger Factory Outlet Centers?

A short squeeze for Tanger Factory Outlet Centers 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 SKT, which in turn drives the price of the stock up even further.

How often is Tanger Factory Outlet Centers' 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 SKT, twice per month. The most recent reporting period available is March, 31 2021.



This page was last updated on 4/22/2021 by MarketBeat.com Staff
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