UnitedHealth Group (UNH) Short Interest Ratio & Short Volume

Short interest is the volume of UnitedHealth Group shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 7,770,000 shares of UNH short. 0.84% of UnitedHealth Group's shares are currently sold short. Learn More on UnitedHealth Group'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. UNH shares currently have a short interest ratio of 2.0. Learn More on UnitedHealth Group's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of UnitedHealth Group: SteelPeak Wealth LLC, Wealth Enhancement Advisory Services LLC, Revolve Wealth Partners LLC, Portman Square Capital LLP, IMC Chicago LLC, Nomura Holdings Inc., Readystate Asset Management LP, GTS Securities LLC, Barclays PLC, Wolverine Trading LLC, Mint Tower Capital Management B.V., Prelude Capital Management LLC, Paloma Partners Management Co, Parallax Volatility Advisers L.P., BlueCrest Capital Management Ltd, Citadel Advisors LLC, Royal Bank of Canada, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Balyasny Asset Management L.P., Nomura Holdings Inc., Cresset Asset Management LLC, Verition Fund Management LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Eisler Capital US LLC, Eisler Capital UK Ltd., Goldman Sachs Group Inc., Pura Vida Investments LLC, Capstone Investment Advisors LLC, Swan Global Investments LLC, Allianz Asset Management GmbH, Hsbc Holdings PLC, Mendel Money Management, IMC Chicago LLC, One River Asset Management LLC, Wells Fargo & Company MN, UBS Group AG, Baader Bank Aktiengesellschaft, Gratus Capital LLC, BNP Paribas Financial Markets, Gladius Capital Management LP, Concourse Financial Group Securities Inc., CTC LLC, Mission Wealth Management LP, XR Securities LLC, Wolverine Asset Management LLC, SpiderRock Advisors LLC, and Halbert Hargrove Global Advisors LLC. 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. 0.84% of UnitedHealth Group's floating shares are currently sold short.

UnitedHealth Group saw a increase in short interest in March. As of March 31st, there was short interest totaling 7,770,000 shares, an increase of 6.6% from the previous total of 7,290,000 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.

UnitedHealth Group currently has issued a total of 921,930,000 shares. Some of UnitedHealth Group'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. UnitedHealth Group currently has a public float of 920,240,000 shares.

0.84% of UnitedHealth Group's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to UnitedHealth Group: Elevance Health, Inc. (0.90%), Johnson & Johnson (0.66%), Merck & Co., Inc. (0.77%), AbbVie Inc. (0.74%), Novo Nordisk A/S (0.06%), AstraZeneca PLC (0.25%), Thermo Fisher Scientific Inc. (0.68%), Novartis AG (0.21%), Abbott Laboratories (0.84%), Pfizer Inc. (1.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling UNH is an investing strategy that aims to generate trading profit from UnitedHealth Group as its price is falling. UNH shares are trading up $14.17 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 UnitedHealth Group 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 UNH, 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 UNH, twice per month. The most recent reporting period available is March, 31 2024.