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Taro Pharmaceutical Industries Short Interest Ratio and Short Volume

+1.45 (+2.00 %)
(As of 05/14/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume20,202 shs
Average Volume28,379 shs
Market Capitalization$2.83 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Taro Pharmaceutical Industries (NYSE:TARO) Short Interest Data

Current Short Volume121,300 shares
Previous Short Volume124,000 shares
Change Vs. Previous Month-2.18%
Dollar Volume Sold Short$8.83 million
Short Interest Ratio / Days to Cover4.0
Last Record DateApril, 15 2021
Outstanding Shares38,540,000 shares
Float Size8,760,000 shares
Short Percent of Float1.38%
Today's Trading Volume20,202 shares
Average Trading Volume28,379 shares
Today's Volume Vs. Average-28.81%

Short Interest Over Time

Taro Pharmaceutical Industries (NYSE:TARO) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021121,300 shares $8.83 million -2.2%1.4%4 $72.80
3/31/2021124,000 shares $9.28 million -6.7%1.4%4.1 $74.81
3/15/2021132,900 shares $10.45 million +3.6%1.5%4.4 $78.66
2/26/2021128,300 shares $9.22 million -28.3%1.5%4.3 $71.87
2/12/2021178,900 shares $13.89 million +46.2%2.0%5.5 $77.66
1/29/2021122,400 shares $8.68 million -17.7%1.4%3.9 $70.91
1/15/2021148,800 shares $11.24 million -2.2%1.7%4.9 $75.56
12/31/2020152,100 shares $11.00 million -11.2%1.7%5.2 $72.29
12/15/2020171,200 shares $12.39 million +25.4%2.0%5.7 $72.39
11/30/2020136,500 shares $9.61 million +21.0%1.6%4.7 $70.40
11/15/2020112,800 shares $7.30 million +1.1%1.3%4.5 $64.76
10/30/2020111,600 shares $6.57 million -4.4%1.3%4.7 $58.85
10/15/2020116,700 shares $7.00 million -7.7%1.3%4.4 $60.00
9/30/2020126,400 shares $6.93 million -2.5%1.4%4.7 $54.85
9/15/2020129,700 shares $7.82 million -1.6%1.5%5 $60.27
8/31/2020131,800 shares $8.07 million -2.8%1.5%4.6 $61.21
8/14/2020135,600 shares $8.63 million +0.6%1.6%4.6 $63.61
7/31/2020134,800 shares $8.76 million +4.5%1.5%4.2 $65.01
7/15/2020129,000 shares $8.45 million -6.0%1.5%4.3 $65.47
6/30/2020137,200 shares $9.14 million +2.8%1.6%4.3 $66.64
6/15/2020133,500 shares $8.57 million -7.4%1.5%3.8 $64.21
5/29/2020144,200 shares $9.83 million -15.4%1.7%3.4 $68.14
5/15/2020170,500 shares $11.03 million +23.6%2.0%3.7 $64.72
4/30/2020138,000 shares $9.68 million +4.6%1.6%2.9 $70.16
4/15/2020131,900 shares $8.91 million -13.0%1.5%2.6 $67.56

Taro Pharmaceutical Industries (NYSE:TARO) Short Interest FAQ

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What is Taro Pharmaceutical Industries' current short interest?

Short interest is the volume of Taro Pharmaceutical Industries shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 121,300 shares of TARO short. 1.38% of Taro Pharmaceutical Industries' shares are currently sold short. View details.

What is a good short interest ratio for Taro Pharmaceutical Industries?

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. Taro Pharmaceutical Industries currently has a short interest ratio of 4.0.

What is a good short interest percentage for Taro Pharmaceutical Industries?

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. 1.38% of Taro Pharmaceutical Industries' floating shares are currently sold short.

Is Taro Pharmaceutical Industries' short interest increasing or decreasing?

Taro Pharmaceutical Industries saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 121,300 shares, a decrease of 2.2% from the previous total of 124,000 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.

What is Taro Pharmaceutical Industries' float size?

Taro Pharmaceutical Industries currently has issued a total of 38,258,000 shares. Some of Taro Pharmaceutical Industries' 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. Taro Pharmaceutical Industries currently has a public float of 8,760,000 shares.

How does Taro Pharmaceutical Industries' short interest compare to its competitors?

1.38% of Taro Pharmaceutical Industries' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Taro Pharmaceutical Industries: Bausch Health Companies Inc. (0.00%), Jazz Pharmaceuticals plc (8.72%), Maravai LifeSciences Holdings, Inc. (8.66%), United Therapeutics Co. (4.65%), Mirati Therapeutics, Inc. (0.00%), BridgeBio Pharma, Inc. (10.25%), Arrowhead Pharmaceuticals, Inc. (0.00%), Ultragenyx Pharmaceutical Inc. (0.00%), Ascendis Pharma A/S (0.00%), and GW Pharmaceuticals plc (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: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Taro Pharmaceutical Industries stock?

Short selling TARO is an investing strategy that aims to generate trading profit from Taro Pharmaceutical Industries as its price is falling. Taro Pharmaceutical Industries' stock is trading up $1.45 today. To short Taro Pharmaceutical Industries 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 Taro Pharmaceutical Industries 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 Taro Pharmaceutical Industries?

A short squeeze for Taro Pharmaceutical Industries 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 TARO, which in turn drives the price of the stock up even further.

How often is Taro Pharmaceutical Industries' 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 TARO, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/15/2021 by Staff
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