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Southwest Gas Short Interest Ratio and Short Volume

-0.99 (-1.43 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $68.04
50-Day Range
MA: $67.92
52-Week Range
Now: $68.04
Volume142,688 shs
Average Volume373,177 shs
Market Capitalization$3.84 billion
P/E Ratio18.10
Dividend Yield3.30%

Short Interest

Southwest Gas (NYSE:SWX) Short Interest Data

Current Short Volume:535,200 shares
Previous Short Volume:645,100 shares
Change Vs. Previous Month:-17.04%
Dollar Volume Sold Short:$37.66 million
Short Interest Ratio / Days to Cover:2.0
Last Record Date:October, 30 2020
Outstanding Shares:53,400,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:142,688 shares
Average Trading Volume:373,177 shares
Today's Volume Vs. Average:-61.76%

Southwest Gas (NYSE:SWX) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020535,200 $37.66 million -17.0%0.0%1.9$70.37
10/15/2020645,100 $43.98 million 27.4%0.0%2.2$68.17
9/30/2020506,400 $34.08 million 17.4%0.0%1.7$67.30
9/15/2020431,500 $26.99 million 7.0%0.0%1.4$62.54
8/31/2020403,300 $25.39 million -46.8%0.0%1.3$62.96
8/14/2020757,400 $46.62 million -2.3%0.0%2.5$61.55
7/31/2020775,000 $54.21 million -12.4%0.0%2.3$69.95
7/15/2020884,800 $61.62 million 16.2%0.0%2.3$69.64
6/30/2020761,800 $53.50 million 16.3%0.0%1.8$70.23
6/15/2020655,200 $44.55 million -30.2%0.0%1.4$68.00
5/29/2020938,100 $61.62 million -43.2%0.0%1.8$65.69
5/15/20201,650,000 $125.32 million 10.0%0.0%3$75.95
4/30/20201,500,000 $115.44 million 23.0%0.0%2.9$76.96
4/15/20201,220,000 $90.33 million 34.9%0.0%2.4$74.04
3/31/2020904,400 $70.67 million -24.9%0.0%1.9$78.14
3/13/20201,203,700 $94.14 million 18.0%0.0%3.2$78.21
2/28/20201,020,000 $53.36 million 26.1%0.0%2.7$52.31
2/14/2020808,700 $56.04 million 11.5%0.0%2.5$69.30
1/31/2020725,500 $52.01 million -0.9%0.0%2.2$71.69
1/15/2020732,000 $56.88 million -2.3%0.0%2.3$77.71
12/31/2019749,500 $59.22 million 14.7%0.0%2.6$79.01

Southwest Gas (NYSE:SWX) Short Interest FAQ

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What is Southwest Gas' current short interest?

Short interest is the volume of Southwest Gas shares that have been sold short but have not yet been covered or closed out. As of October 30th, investors have sold 535,200 shares of SWX short. 0.00% of Southwest Gas' shares are currently sold short. View details.

What is a good short interest ratio for Southwest Gas?

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. Southwest Gas currently has a short interest ratio of 2.0.

Is Southwest Gas' short interest increasing or decreasing?

Southwest Gas saw a decline in short interest in October. As of October 30th, there was short interest totaling 535,200 shares, a decline of 17.0% from the previous total of 645,100 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 Southwest Gas' short interest compare to its competitors?

0.00% of Southwest Gas' shares are currently sold short. Here is how the short interest of companies in the sector of "utilities" compare to Southwest Gas: Brookfield Infrastructure Partners L.P. (0.00%), ENN Energy Holdings Limited (0.00%), Terna - Rete Elettrica Nazionale Società per Azioni (0.00%), Tenaga Nasional Berhad (0.00%), Avangrid, Inc. (4.50%), FirstEnergy Corp. (0.00%), Telefônica Brasil S.A. (0.00%), The AES Co. (1.93%), Alliant Energy Co. (0.00%), and CenterPoint Energy, Inc. (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: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Southwest Gas stock?

Short selling SWX is an investing strategy that aims to generate trading profit from Southwest Gas as its price is falling. Southwest Gas' stock is trading down $0.99 today. To short Southwest Gas 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 Southwest Gas 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 Southwest Gas?

A short squeeze for Southwest Gas 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 SWX, which in turn drives the price of the stock up even further.

How often is Southwest Gas' 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 SWX, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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