S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
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West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Claim Your FREE Ultimate Dividend Package (Seriously, put your wallet away!) (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Claim Your FREE Ultimate Dividend Package (Seriously, put your wallet away!) (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Claim Your FREE Ultimate Dividend Package (Seriously, put your wallet away!) (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture

Advanced Drainage Systems (WMS) Short Interest Ratio & Short Volume

$163.43
-0.14 (-0.09%)
(As of 02/23/2024 ET)

Advanced Drainage Systems Short Interest Data

Current Short Volume
2,080,000 shares
Previous Short Volume
2,130,000 shares
Change Vs. Previous Month
-2.35%
Dollar Volume Sold Short
$271.27 million
Short Interest Ratio / Days to Cover
4.5
Last Record Date
January 31, 2024
Outstanding Shares
77,620,000 shares
Float Size
67,270,000 shares
Short Percent of Float
3.09%
Today's Trading Volume
283,375 shares
Average Trading Volume
538,945 shares
Today's Volume Vs. Average
53%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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WMS Short Interest Over Time

WMS Days to Cover Over Time

WMS Percentage of Float Shorted Over Time


Advanced Drainage Systems Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/31/20242,080,000 shares $271.27 million -2.4%3.1%4.5 $130.42
1/15/20242,130,000 shares $273.04 million -13.4%3.2%4.4 $128.19
12/31/20232,460,000 shares $345.97 million -16.3%3.7%5 $140.64
12/15/20232,940,000 shares $413.33 million +5.8%4.4%5.5 $140.59
11/30/20232,780,000 shares $336.44 million +2.2%4.1%5.2 $121.02
11/15/20232,720,000 shares $324.99 million -13.1%4.0%4.8 $119.48
10/31/20233,130,000 shares $334.38 million -4.3%4.7%5.3 $106.83
10/15/20233,270,000 shares $379.29 million -6.8%4.8%5.3 $115.99
9/30/20233,510,000 shares $399.54 million +1.2%5.2%5.6 $113.83
9/15/20233,470,000 shares $414.56 million -11.5%5.1%5.7 $119.47
8/31/20233,920,000 shares $502.31 million +8.6%5.8%6.1 $128.14
8/15/20233,610,000 shares $467.46 million +2.0%5.2%5.4 $129.49
7/31/20233,540,000 shares $431.84 million -11.1%5.1%5.2 $121.99
7/15/20233,980,000 shares $473.42 million -6.1%6.0%6.2 $118.95
6/30/20234,240,000 shares $482.43 million -17.2%6.4%6.7 $113.78
6/15/20235,120,000 shares $566.89 million +7.6%7.7%7.9 $110.72
5/31/20234,760,000 shares $460.72 million +5.5%7.2%5.3 $96.79
5/15/20234,510,000 shares $395.17 million +3.7%6.8%4.8 $87.62
4/30/20234,350,000 shares $372.88 million -7.1%6.4%4.6 $85.72
4/15/20234,680,000 shares $381.23 million -8.1%6.9%4.4 $81.46
3/31/20235,090,000 shares $428.63 million +42.6%7.5%4.7 $84.21
3/15/20233,570,000 shares $284.81 million No Change5.1%3.3 $79.78
2/28/20233,570,000 shares $316.77 million No Change5.1%4.2 $88.73
2/15/20233,570,000 shares $342.40 million +1.7%5.1%4.3 $95.91
1/31/20233,510,000 shares $353.95 million +6.4%N/A3.9 $100.84
1/15/20233,300,000 shares $292.81 million -5.4%N/A3.7 $88.73
12/30/20223,490,000 shares $286.08 million +14.8%N/A4 $81.97
12/15/20223,040,000 shares $267.52 million -5.3%N/A3.6 $88.00
11/30/20223,210,000 shares $312.20 million -3.9%N/A3.9 $97.26
11/15/20223,340,000 shares $297.19 million +20.6%N/A4.1 $88.98
10/31/20222,770,000 shares $320.99 million +18.4%N/A3.6 $115.88
10/15/20222,340,000 shares $280.22 million +22.5%N/A3.4 $119.75
9/30/20221,910,000 shares $237.55 million +60.5%N/A2.8 $124.37
9/15/20221,190,000 shares $160.53 million -27.4%N/A1.8 $134.90
8/31/20221,640,000 shares $222.55 million +1.2%N/A2.2 $135.70
8/15/20221,620,000 shares $243.78 million -17.4%N/A2.3 $150.48
7/31/20221,960,000 shares $232.46 million +27.3%N/A3 $118.60
7/15/20221,540,000 shares $145.08 million -7.8%N/A2.7 $94.21
6/30/20221,670,000 shares $150.42 million +36.9%N/A3.1 $90.07
6/15/20221,220,000 shares $113.55 million -34.8%N/A2.4 $93.07













WMS Short Interest - Frequently Asked Questions

What is Advanced Drainage Systems' current short interest?

Short interest is the volume of Advanced Drainage Systems shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 2,080,000 shares of WMS short. 3.09% of Advanced Drainage Systems' shares are currently sold short. Learn More on Advanced Drainage Systems' current short interest.

What is a good short interest ratio for Advanced Drainage Systems?

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. WMS shares currently have a short interest ratio of 4.0. Learn More on Advanced Drainage Systems's short interest ratio.

Which institutional investors are shorting Advanced Drainage Systems?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Advanced Drainage Systems: Wolverine Trading LLC, Citadel Advisors LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Advanced Drainage Systems?

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. 3.09% of Advanced Drainage Systems' floating shares are currently sold short.

Is Advanced Drainage Systems' short interest increasing or decreasing?

Advanced Drainage Systems saw a decrease in short interest in January. As of January 31st, there was short interest totaling 2,080,000 shares, a decrease of 2.3% from the previous total of 2,130,000 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.

What is Advanced Drainage Systems' float size?

Advanced Drainage Systems currently has issued a total of 77,620,000 shares. Some of Advanced Drainage Systems' 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. Advanced Drainage Systems currently has a public float of 67,270,000 shares.

How does Advanced Drainage Systems' short interest compare to its competitors?

3.09% of Advanced Drainage Systems' shares are currently sold short. Here is how the short interest of companies in the sector of "construction" compare to Advanced Drainage Systems: Owens Corning (2.41%), TopBuild Corp. (1.60%), AECOM (0.92%), EMCOR Group, Inc. (1.02%), Floor & Decor Holdings, Inc. (15.89%), CEMEX, S.A.B. de C.V. (0.35%), RPM International Inc. (1.19%), Toll Brothers, Inc. (3.19%), Watsco, Inc. (9.55%), Trex Company, Inc. (5.82%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Advanced Drainage Systems stock?

Short selling WMS is an investing strategy that aims to generate trading profit from Advanced Drainage Systems as its price is falling. WMS shares are trading down $0.14 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.

How does a short squeeze work against Advanced Drainage Systems?

A short squeeze for Advanced Drainage Systems 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 WMS, which in turn drives the price of the stock up even further.

How often is Advanced Drainage Systems' 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 WMS, twice per month. The most recent reporting period available is January, 31 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:WMS) was last updated on 2/24/2024 by MarketBeat.com Staff