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United Technologies Short Interest Ratio and Short Volume

Notice: This company has been marked as potentially delisted and may not be actively trading.
-0.22 (-0.36 %)
(As of 10/20/2020 12:00 AM ET)
Today's Range
Now: $61.24
50-Day Range
MA: $63.07
52-Week Range
Now: $61.24
Volume5.96 million shs
Average Volume7.30 million shs
Market Capitalization$53.04 billion
P/E Ratio9.55
Dividend Yield3.42%

Short Interest

United Technologies (NYSE:UTX) Short Interest Data

Current Short Volume:10,210,200 shares
Previous Short Volume:12,390,000 shares
Change Vs. Previous Month:-17.59%
Dollar Volume Sold Short:$878.18 million
Short Interest Ratio / Days to Cover:2.0
Last Record Date:March, 13 2020
Outstanding Shares:862,830,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:5,960,815 shares
Average Trading Volume:7,298,222 shares
Today's Volume Vs. Average:-18.33%

United Technologies (NYSE:UTX) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
3/13/202010,210,200 $878.18 million -17.6%0.0%2.4$86.01
2/28/202012,390,000 $928.63 million 26.7%0.0%2.9$74.95
2/14/20209,780,000 $1.17 billion 19.9%0.0%2.8$119.37
1/31/20208,160,000 $1.13 billion 4.0%1.0%2.7$138.38
1/15/20207,850,000 $1.22 billion 4.8%0.9%2.7$155.25
12/31/20197,490,000 $1.15 billion 2.5%0.9%2.8$153.19

United Technologies (NYSE:UTX) Short Interest FAQ

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What is United Technologies' current short interest?

Short interest is the volume of United Technologies shares that have been sold short but have not yet been closed out or covered. As of March 13th, traders have sold 10,210,200 shares of UTX short. 0.00% of United Technologies' shares are currently sold short. View details.

What is a good short interest ratio for United Technologies?

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. United Technologies currently has a short interest ratio of 2.0.

Is United Technologies' short interest increasing or decreasing?

United Technologies saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 10,210,200 shares, a drop of 17.6% from the previous total of 12,390,000 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.

How does United Technologies' short interest compare to its competitors?

0.00% of United Technologies' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "aerospace & defense" compare to United Technologies: Honeywell International Inc. (1.20%), Lockheed Martin Co. (1.06%), The Boeing Company (0.00%), Northrop Grumman Co. (1.33%), General Dynamics Co. (1.43%), TransDigm Group Incorporated (5.22%), Teledyne Technologies Incorporated (1.44%), Textron Inc. (2.25%), Axon Enterprise, Inc. (9.21%), and Huntington Ingalls Industries Inc (2.08%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla Inc ($9.26 billion), AbbVie Inc. ($6.51 billion), Charter Communications Inc ($4.96 billion), McKesson Co. ($4.86 billion), Microchip Technology Inc. ($2.85 billion), The Charles Schwab Co. ($2.75 billion), Match Group, Inc. ($2.50 billion), International Flavors & Fragrances Inc. ($1.95 billion), Tiffany & Co. ($1.93 billion), and Wayfair Inc ($1.78 billion). View all of the most shorted stocks.

What does it mean to sell short United Technologies stock?

Short selling UTX is an investing strategy that aims to generate trading profit from United Technologies as its price is falling. United Technologies' stock is trading down $0.22 today. To short United Technologies 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 United Technologies 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.

How does a short squeeze work against United Technologies?

A short squeeze for United 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 UTX, which in turn drives the price of the stock up even further.

How often is United Technologies' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including UTX, twice per month. The most recent reporting period available is March, 13 2020.

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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