Ultrapar Participações Short Interest Ratio and Short Volume

Short interest is the volume of Ultrapar Participações shares that have been sold short but have not yet been closed out or covered. As of March 15th, investors have sold 3,990,000 shares of UGP short. 0.56% of Ultrapar Participações' shares are currently sold short. View details.

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. Ultrapar Participações currently has a short interest ratio of 2.0.

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. 0.56% of Ultrapar Participações' floating shares are currently sold short.

Ultrapar Participações saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,990,000 shares, an increase of 138.9% from the previous total of 1,670,000 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.

Ultrapar Participações currently has issued a total of 1,112,810,000 shares. Some of Ultrapar Participações' 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. Ultrapar Participações currently has a public float of 706,990,000 shares.

0.56% of Ultrapar Participações' shares are currently sold short. Here is how the short interest of companies in the industry of "natural gas distribution" compare to Ultrapar Participações: Atmos Energy Co. (0.00%), New Fortress Energy Inc. (0.00%), ENAGAS S A/ADR (0.00%), National Fuel Gas (0.00%), ONE Gas, Inc. (3.04%), Spire Inc. (3.51%), New Jersey Resources Co. (0.00%), South Jersey Industries, Inc. (0.00%), Northwest Natural Holding (3.98%), and Stabilis Solutions, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

Short selling UGP is an investing strategy that aims to generate trading profit from Ultrapar Participações as its price is falling. Ultrapar Participações' stock is trading down $0.19 today. To short Ultrapar Participações 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 Ultrapar Participações 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 Ultrapar Participações 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 UGP, 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 UGP, twice per month. The most recent reporting period available is March, 15 2021.