Block (SQ) Short Interest Ratio & Short Volume

Short interest is the volume of Block shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 27,110,000 shares of SQ short. Learn More on Block's 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. SQ shares currently have a short interest ratio of 2.0. Learn More on Block's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Block: CTC LLC, JPMorgan Chase & Co., CMT Capital Markets Trading GmbH, Susquehanna International Group LLP, Jane Street Group LLC, Skaana Management L.P., Squarepoint Ops LLC, Balyasny Asset Management L.P., Bluefin Capital Management LLC, Cubist Systematic Strategies LLC, Capital Markets Trading UK LLP, Sandler Capital Management, Two Sigma Securities LLC, HAP Trading LLC, Marathon Trading Investment Management LLC, Eisler Capital US LLC, Group One Trading L.P., BNP Paribas Arbitrage SNC, PEAK6 Investments LLC, Clear Street Markets LLC, Bank of America Corp DE, UBS Group AG, HighTower Advisors LLC, Optiver Holding B.V., Citigroup Inc., Twin Tree Management LP, Barclays PLC, Mizuho Markets Cayman LP, XR Securities LLC, Cutler Group LLC CA, Simplex Trading LLC, SpiderRock Advisors LLC, and National Bank of Canada FI. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Block saw a decline in short interest in May. As of May 15th, there was short interest totaling 27,110,000 shares, a decline of 2.0% from the previous total of 27,650,000 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.

Here is how the short interest of companies in the sector of "business services" compare to Block: Palantir Technologies Inc. (9.00%), DocuSign, Inc. (3.85%), Gen Digital Inc. (2.94%), IQVIA Holdings Inc. (1.09%), Trane Technologies plc (1.42%), Waste Connections, Inc. (0.98%), Paychex, Inc. (2.97%), Marvell Technology, Inc. (3.42%), Copart, Inc. (1.14%), Fidelity National Information Services, Inc. (1.57%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling SQ is an investing strategy that aims to generate trading profit from Block as its price is falling. SQ shares are trading down $0.30 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 Block 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 SQ, 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 SQ, twice per month. The most recent reporting period available is May, 15 2023.