Trane Technologies (TT) Short Interest Ratio & Short Volume

Short interest is the volume of Trane Technologies shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 4,010,000 shares of TT short. 1.79% of Trane Technologies' shares are currently sold short. Learn More on Trane Technologies' 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. TT shares currently have a short interest ratio of 2.0. Learn More on Trane Technologies's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Trane Technologies: Caas Capital Management LP, Halbert Hargrove Global Advisors LLC, Wolverine Trading LLC, Squarepoint Ops LLC, Point72 Asset Management L.P., Millennium Management LLC, Hudson Bay Capital Management LP, D. E. Shaw & Co. Inc., Cubist Systematic Strategies LLC, Citadel Advisors LLC, Capstone Investment Advisors LLC, Jane Street Group LLC, Tudor Investment Corp ET AL, Parallax Volatility Advisers L.P., Susquehanna International Group LLP, Concourse Financial Group Securities Inc., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Polymer Capital Management US LLC, Mirae Asset Securities USA Inc., Simplex Trading LLC, Halbert Hargrove Global Advisors LLC, and Allianz Asset Management GmbH. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.79% of Trane Technologies' floating shares are currently sold short.

Trane Technologies saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,010,000 shares, an increase of 10.5% from the previous total of 3,630,000 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.

Trane Technologies currently has issued a total of 224,291,000 shares. Some of Trane Technologies' 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. Trane Technologies currently has a public float of 223,610,000 shares.

1.79% of Trane Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "measuring and control equipment" compare to Trane Technologies: Keysight Technologies, Inc. (1.12%), Fortive Co. (1.96%), Veralto Co. (1.60%), Teradyne, Inc. (4.33%), Revvity, Inc. (4.29%), Avantor, Inc. (5.50%), Nova Ltd. (5.74%), Vontier Co. (1.91%), Mirion Technologies, Inc. (3.02%), Sensata Technologies Holding plc (2.77%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($21.71 billion), iShares 20+ Year Treasury Bond ETF ($9.48 billion), Strategy Incorporated ($8.92 billion), Charter Communications, Inc. ($3.86 billion), Apollo Global Management, Inc. ($3.86 billion), Capital One Financial Co. ($3.72 billion), Super Micro Computer, Inc. ($3.47 billion), AppLovin Co. ($2.64 billion), VanEck Semiconductor ETF ($2.46 billion), and The Kroger Co. ($2.33 billion). View all of the most shorted stocks.

Short selling TT is an investing strategy that aims to generate trading profit from Trane Technologies as its price is falling. TT shares are trading up $9.72 today. 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 Trane Technologies 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 TT, 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 TT, twice per month. The most recent reporting period available is April, 15 2025.