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 covered or closed out. As of April 15th, investors have sold 12,590,000 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 1.0. 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: Wealth Enhancement Advisory Services LLC, Nomura Holdings Inc., Goldman Sachs Group Inc., Paloma Partners Management Co, Parallax Volatility Advisers L.P., Citadel Advisors LLC, CMT Capital Markets Trading GmbH, Nomura Holdings Inc., Capital Fund Management S.A., PEAK6 Investments LLC, Optiver Holding B.V., Goldman Sachs Group Inc., Dymon Asia Capital Singapore PTE. LTD., Hsbc Holdings PLC, IMC Chicago LLC, Wells Fargo & Company MN, UBS Group AG, Sumitomo Mitsui Financial Group Inc., BNP Paribas Financial Markets, Gladius Capital Management LP, Concourse Financial Group Securities Inc., CTC LLC, National Bank of Canada FI, XR Securities LLC, and SpiderRock Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Block saw a decline in short interest in April. As of April 15th, there was short interest totaling 12,590,000 shares, a decline of 4.5% from the previous total of 13,180,000 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. (3.52%), Gen Digital Inc. (2.94%), DocuSign, Inc. (4.07%), Paychex, Inc. (3.54%), Waste Connections, Inc. (0.43%), Fidelity National Information Services, Inc. (2.56%), Nu Holdings Ltd. (2.15%), Copart, Inc. (1.43%), Marvell Technology, Inc. (2.79%), Gartner, Inc. (1.36%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 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 up $1.71 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 April, 15 2024.