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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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SYNNEX Short Interest Ratio and Short Volume

+1.01 (+1.15 %)
(As of 02/26/2021 12:00 AM ET)
Today's Range
Now: $89.16
50-Day Range
MA: $87.67
52-Week Range
Now: $89.16
Volume299,678 shs
Average Volume355,839 shs
Market Capitalization$4.60 billion
P/E Ratio8.74
Dividend Yield0.91%

Short Interest

SYNNEX (NYSE:SNX) Short Interest Data

Current Short Volume1,050,000 shares
Previous Short Volume892,900 shares
Change Vs. Previous Month:+17.59%
Dollar Volume Sold Short$93.28 million
Short Interest Ratio / Days to Cover2.0
Last Record DateJanuary, 29 2021
Outstanding Shares51,080,000 shares
Float Size41,280,000 shares
Short Percent of Float2.54%
Today's Trading Volume299,678 shares
Average Trading Volume355,839 shares
Today's Volume Vs. Average-15.78%

Short Interest Over Time

SYNNEX (NYSE:SNX) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/29/20211,050,000 shares $93.28 million +17.6%2.5%2.4 $88.84
1/15/2021892,900 shares $75.52 million +23.7%2.2%2.1 $84.58
12/31/2020785,600 shares $68.89 million +40.0%1.9%1.8 $87.69
12/15/2020785,600 shares $65.07 million +40.0%1.9%1.8 $82.83
11/30/2020561,100 shares $46.17 million -17.9%1.4%1.3 $82.28
11/15/2020683,200 shares $109.52 million -6.0%1.7%2 $160.31
10/30/2020727,100 shares $110.03 million -21.0%1.8%2.1 $151.33
10/15/2020920,800 shares $126.52 million -28.6%2.2%2.7 $137.40
9/30/20201,290,000 shares $189.22 million +27.7%3.1%3.7 $146.68
9/15/20201,010,000 shares $129.28 million +31.1%2.4%2.6 $128.00
8/31/2020770,400 shares $95.51 million -7.1%1.9%1.9 $123.97
8/14/2020829,500 shares $106.07 million -25.9%2.0%2 $127.87
7/31/20201,120,000 shares $143.53 million -20.0%2.7%2.6 $128.15
7/15/20201,400,000 shares $174.64 million +23.9%3.4%3 $124.74
6/30/20201,130,000 shares $137.55 million +19.5%2.8%2.4 $121.73
6/15/2020945,800 shares $111.96 million -27.3%2.3%2.1 $118.38
5/29/20201,300,000 shares $133.37 million -6.5%3.2%2.8 $102.59
5/15/20201,390,000 shares $148.24 million +24.1%3.4%3 $106.65
4/30/20201,120,000 shares $124.80 million -0.9%2.7%2.6 $111.43
4/15/20201,130,000 shares $101.03 million +18.1%2.7%2.6 $89.41
3/31/2020957,200 shares $72.95 million +1.8%2.4%2.1 $76.21
3/13/2020940,700 shares $80.34 million +4.9%2.3%2.6 $85.40
2/28/2020896,600 shares $66.72 million +7.1%2.2%2.5 $74.41
2/14/2020837,200 shares $91.43 million +2.5%2.0%2.3 $109.21
1/31/2020816,500 shares $109.26 million -34.2%2.4%2.3 $133.82

SYNNEX (NYSE:SNX) Short Interest FAQ

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What is SYNNEX's current short interest?

Short interest is the volume of SYNNEX shares that have been sold short but have not yet been covered or closed out. As of January 29th, traders have sold 1,050,000 shares of SNX short. 2.54% of SYNNEX's shares are currently sold short. View details.

What is a good short interest ratio for SYNNEX?

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. SYNNEX currently has a short interest ratio of 2.0.

What is a good short interest percentage for SYNNEX?

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. 2.54% of SYNNEX's floating shares are currently sold short.

Is SYNNEX's short interest increasing or decreasing?

SYNNEX saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 1,050,000 shares, an increase of 17.6% from the previous total of 892,900 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 SYNNEX's float size?

SYNNEX currently has issued a total of 51,597,000 shares. Some of SYNNEX'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. SYNNEX currently has a public float of 41,280,000 shares.

How does SYNNEX's short interest compare to its competitors?

2.54% of SYNNEX's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to SYNNEX: TDK Co. (0.00%), Logitech International S.A. (6.34%), Lyft, Inc. (9.17%), SK Telecom Co.,Ltd (0.05%), Seagate Technology plc (8.03%), Zendesk, Inc. (0.00%), Advantest Co. (0.00%), Waters Co. (2.25%), SS&C Technologies Holdings, Inc. (0.75%), and Monolithic Power Systems, Inc. (1.46%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short SYNNEX stock?

Short selling SNX is an investing strategy that aims to generate trading profit from SYNNEX as its price is falling. SYNNEX's stock is trading up $1.01 today. To short SYNNEX 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 SYNNEX 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 SYNNEX?

A short squeeze for SYNNEX 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 SNX, which in turn drives the price of the stock up even further.

How often is SYNNEX'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 SNX, twice per month. The most recent reporting period available is January, 29 2021.

This page was last updated on 2/27/2021 by MarketBeat.com Staff

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