Tribune (TRCO) Short Interest Ratio & Short Volume

Short interest is the volume of Tribune shares that have been sold short but have not yet been covered or closed out. As of August 15th, investors have sold 7,383,500 shares of TRCO short. 8.46% of Tribune's shares are currently sold short. Learn More on Tribune'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. TRCO shares currently have a short interest ratio of 10.0. Learn More on Tribune'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. 8.46% of Tribune's floating shares are currently sold short.

Tribune saw a decrease in short interest in August. As of August 15th, there was short interest totaling 7,383,500 shares, a decrease of 7.3% from the previous total of 7,967,700 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.

Tribune currently has issued a total of 88,410,000 shares. Some of Tribune'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. Tribune currently has a public float of 87,240,000 shares.

8.46% of Tribune's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer discretionary" compare to Tribune: Nexstar Media Group, Inc. (7.65%), TEGNA Inc. (3.77%), Grupo Televisa, S.A.B. (1.72%), Paramount Global (14.70%), Fox Co. (3.09%), Fox Co. (7.97%), Paramount Global (6.23%), Acushnet Holdings Corp. (15.61%), International Game Technology PLC (1.39%), Grand Canyon Education, Inc. (1.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Netflix, Inc. ($6.50 billion), Fidelity National Information Services, Inc. ($5.01 billion), Charter Communications, Inc. ($4.02 billion), Microchip Technology Incorporated ($3.01 billion), Occidental Petroleum Co. ($2.16 billion), Omnicom Group Inc. ($2.03 billion), Block, Inc. ($2.00 billion), Global Payments Inc. ($1.76 billion), Match Group, Inc. ($1.66 billion), and Hormel Foods Co. ($1.66 billion). View all of the most shorted stocks.

Short selling TRCO is an investing strategy that aims to generate trading profit from Tribune 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 Tribune 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 TRCO, 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 TRCO, twice per month. The most recent reporting period available is August, 15 2019.