Washington Prime Group (WPG) Short Interest Ratio & Short Volume

Short interest is the volume of Washington Prime Group shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 3,330,000 shares of WPG short. 14.15% of Washington Prime Group's shares are currently sold short. Learn More on Washington Prime 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. WPG shares currently have a short interest ratio of 1.0. Learn More on Washington Prime Group's short interest ratio.

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. 14.15% of Washington Prime Group's floating shares are currently sold short.

Washington Prime Group saw a decrease in short interest in September. As of September 15th, there was short interest totaling 3,330,000 shares, a decrease of 11.4% from the previous total of 3,760,000 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.

Washington Prime Group currently has issued a total of 24,460,000 shares. Some of Washington Prime 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. Washington Prime Group currently has a public float of 23,530,000 shares.

14.15% of Washington Prime Group's shares are currently sold short. Here is how the short interest of companies compare to Washington Prime Group: Clipper Realty Inc. (1.86%), Global Self Storage, Inc. (0.17%), Manhattan Bridge Capital, Inc. (0.30%), Ashford Hospitality Trust, Inc. (2.05%), American Strategic Investment Co. (0.20%), Medalist Diversified REIT, Inc. (0.40%), Sotherly Hotels Inc. (0.06%), Generation Income Properties, Inc. (0.43%), Presidio Property Trust, Inc. (0.69%), Creative Media & Community Trust Co. (6.55%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.12 billion), S&P Global Inc. ($7.79 billion), Advanced Micro Devices, Inc. ($6.62 billion), Charter Communications, Inc. ($6.07 billion), Wayfair Inc. ($4.53 billion), Zoom Video Communications, Inc. ($3.45 billion), Uber Technologies, Inc. ($3.08 billion), Canadian Pacific Kansas City Limited ($2.97 billion), Palo Alto Networks, Inc. ($2.74 billion), and MongoDB, Inc. ($2.61 billion). View all of the most shorted stocks.

Short selling WPG is an investing strategy that aims to generate trading profit from Washington Prime Group as its price is falling. 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 Washington Prime Group 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 WPG, 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 WPG, twice per month. The most recent reporting period available is September, 15 2021.