United States Cellular - USM Short Interest Ratio & Short Volume

Short interest is the volume of United States Cellular shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 777,200 shares of USM short. 5.43% of United States Cellular's shares are currently sold short. Learn More on United States Cellular'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. USM shares currently have a short interest ratio of 2.0. Learn More on United States Cellular's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of United States Cellular: Simplex Trading LLC, Concourse Financial Group Securities Inc., Boothbay Fund Management LLC, and Group One Trading L.P.. 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. 5.43% of United States Cellular's floating shares are currently sold short.

United States Cellular saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 777,200 shares, a drop of 0.0% from the previous total of 777,500 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.

United States Cellular currently has issued a total of 85,220,000 shares. Some of United States Cellular'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. United States Cellular currently has a public float of 14,320,000 shares.

5.43% of United States Cellular's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to United States Cellular: Millicom International Cellular S.A. (0.20%), Partner Communications Company Ltd. (0.01%), Semtech Co. (8.11%), EverCommerce Inc. (5.48%), Agilysys, Inc. (1.11%), Vertex, Inc. (0.33%), E2open Parent Holdings, Inc. (7.58%), Silicon Motion Technology Co. (5.02%), Liberty Latin America Ltd. (1.96%), and Liberty Latin America Ltd. (0.80%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling USM is an investing strategy that aims to generate trading profit from United States Cellular as its price is falling. USM shares are trading down $0.15 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 United States Cellular 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 USM, 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 USM, twice per month. The most recent reporting period available is January, 15 2023.