Stage Stores (SSI) Short Interest Ratio & Short Volume

Short interest is the volume of Stage Stores shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 3,420,000 shares of SSI short. 14.18% of Stage Stores' shares are currently sold short. Learn More on Stage Stores' 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. SSI shares currently have a short interest ratio of 3.0. Learn More on Stage Stores's short interest ratio.

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. 14.18% of Stage Stores' floating shares are currently sold short.

Stage Stores currently has issued a total of 28,911,000 shares. Some of Stage Stores' 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. Stage Stores currently has a public float of 24,120,000 shares.

14.18% of Stage Stores' shares are currently sold short. Here is how the short interest of companies compare to Stage Stores: The TJX Companies, Inc. (1.33%), Ross Stores, Inc. (1.68%), Urban Outfitters, Inc. (15.45%), Abercrombie & Fitch Co. (12.88%), American Eagle Outfitters, Inc. (11.16%), The Buckle, Inc. (8.26%), Foot Locker, Inc. (16.33%), Guess?, Inc. (24.78%), Caleres, Inc. (16.59%), Shoe Carnival, Inc. (15.51%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.57 billion), Match Group, Inc. ($3.08 billion), Wayfair Inc. ($2.66 billion), The Clorox Company ($2.52 billion), The Charles Schwab Co. ($2.39 billion), DexCom, Inc. ($2.39 billion), International Flavors & Fragrances Inc. ($1.88 billion), The Kroger Co. ($1.78 billion), Snap Inc. ($1.66 billion), and Sarepta Therapeutics, Inc. ($1.63 billion). View all of the most shorted stocks.

Short selling SSI is an investing strategy that aims to generate trading profit from Stage Stores as its price is falling. 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 Stage Stores 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 SSI, 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 SSI, twice per month. The most recent reporting period available is May, 15 2020.