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Target Short Interest Ratio and Short Volume

-1.58 (-0.96 %)
(As of 10/21/2020 12:00 AM ET)
Today's Range
Now: $163.29
50-Day Range
MA: $154.98
52-Week Range
Now: $163.29
Volume3.03 million shs
Average Volume2.83 million shs
Market Capitalization$81.75 billion
P/E Ratio23.56
Dividend Yield1.65%

Short Interest

Target (NYSE:TGT) Short Interest Data

Current Short Volume:8,780,000 shares
Previous Short Volume:8,160,000 shares
Change Vs. Previous Month:+7.60%
Dollar Volume Sold Short:$1.45 billion
Short Interest Ratio / Days to Cover:2.0
Last Record Date:September, 30 2020
Outstanding Shares:512,330,000 shares
Float Size:498,990,000 shares
Short Percent of Float:1.76%
Today's Trading Volume:3,033,097 shares
Average Trading Volume:2,831,901 shares
Today's Volume Vs. Average:7.10%

Target (NYSE:TGT) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/30/20208,780,000 $1.45 billion 7.6%1.8%2.2$165.64
9/15/20208,160,000 $1.26 billion -5.2%1.6%2$154.35
8/31/20208,610,000 $1.26 billion -2.8%1.7%1.9$146.60
8/14/20208,860,000 $1.33 billion -30.0%1.8%1.8$150.55
7/31/202012,650,000 $1.75 billion -7.9%2.5%2.8$138.05
7/15/202013,740,000 $1.73 billion 0.7%2.8%2.7$125.88
6/30/202013,650,000 $1.69 billion -18.2%2.7%2.6$123.71
6/15/202016,680,000 $1.99 billion -5.0%3.4%2.8$119.49
5/29/202017,550,000 $2.10 billion -6.3%3.5%2.7$119.72
5/15/202018,720,000 $2.29 billion -6.4%3.8%2.8$122.33
4/30/202020,000,000 $2.35 billion 24.6%4.0%3.3$117.41
4/15/202016,050,000 $1.93 billion 66.0%3.2%2.6$120.18
3/31/20209,670,000 $1.04 billion -11.9%1.9%1.5$107.82
3/13/202010,975,400 $1.14 billion -8.2%2.2%2.2$104.20
2/28/202011,960,000 $1.16 billion -10.6%2.4%2.4$96.69
2/14/202013,370,000 $1.45 billion -1.6%2.7%2.8$108.33
1/31/202013,590,000 $1.50 billion -11.7%2.7%2.5$110.66
1/15/202015,390,000 $1.80 billion 20.6%3.1%2.8$116.69
12/31/201912,760,000 $1.46 billion -1.3%2.5%2.8$114.32
8/15/201922,834,300 $2.39 billion 9.0%4.4%4.5$104.77

Target (NYSE:TGT) Short Interest FAQ

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What is Target's current short interest?

Short interest is the volume of Target shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 8,780,000 shares of TGT short. 1.76% of Target's shares are currently sold short. View details.

What is a good short interest ratio for Target?

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. Target currently has a short interest ratio of 2.0.

What is a good short interest percentage for Target?

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. 1.76% of Target's floating shares are currently sold short.

Is Target's short interest increasing or decreasing?

Target saw a increase in short interest in September. As of September 30th, there was short interest totaling 8,780,000 shares, an increase of 7.6% from the previous total of 8,160,000 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 Target's float size?

Target currently has issued a total of 500,620,000 shares. Some of Target's 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. Target currently has a public float of 498,990,000 shares.

How does Target's short interest compare to its competitors?

1.76% of Target's shares are currently sold short. Here is how the short interest of companies in the industry of "variety stores" compare to Target: Costco Wholesale Co. (0.00%), Dollar General Corp. (0.84%), Wal-mart de Mexico S A B de C V (0.00%), Tesco PLC (0.00%), Dollar Tree, Inc. (1.52%), Five Below Inc (9.30%), Ollie's Bargain Outlet Holdings Inc (18.23%), BJs Wholesale Club Holdings Inc (11.38%), PriceSmart, Inc. (2.56%), and Big Lots, Inc. (20.28%).

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 ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 billion). View all of the most shorted stocks.

What does it mean to sell short Target stock?

Short selling TGT is an investing strategy that aims to generate trading profit from Target as its price is falling. Target's stock is trading down $1.58 today. To short Target 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 Target 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 Target?

A short squeeze for Target 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 TGT, which in turn drives the price of the stock up even further.

How often is Target's 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 TGT, twice per month. The most recent reporting period available is September, 30 2020.

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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