Aqua America (WTR) Short Interest Ratio & Short Volume

Short interest is the volume of Aqua America shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 10,100,000 shares of WTR short. 4.70% of Aqua America's shares are currently sold short. Learn More on Aqua America'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. WTR shares currently have a short interest ratio of 7.0. Learn More on Aqua America'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. 4.70% of Aqua America's floating shares are currently sold short.

Aqua America saw a drop in short interest in the month of January. As of January 31st, there was short interest totaling 10,100,000 shares, a drop of 4.6% from the previous total of 10,590,000 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.

Aqua America currently has issued a total of 215,841,000 shares. Some of Aqua America'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. Aqua America currently has a public float of 214,980,000 shares.

4.70% of Aqua America's shares are currently sold short. Here is how the short interest of companies in the sector of "utilities" compare to Aqua America: California Water Service Group (2.03%), American States Water (1.39%), American Water Works Company, Inc. (1.40%), Essential Utilities, Inc. (1.96%), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (0.33%), Pinnacle West Capital Co. (2.77%), OGE Energy Corp. (2.40%), Brookfield Renewable Partners L.P. (1.16%), Southwest Gas Holdings, Inc. (4.19%), UGI Co. (2.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($17.72 billion), Netflix, Inc. ($7.24 billion), Charter Communications, Inc. ($4.67 billion), Microchip Technology Incorporated ($3.34 billion), The Charles Schwab Co. ($2.53 billion), Match Group, Inc. ($2.07 billion), Carvana Co. ($1.86 billion), Omnicom Group Inc. ($1.86 billion), Snap Inc. ($1.75 billion), and Zillow Group, Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling WTR is an investing strategy that aims to generate trading profit from Aqua America as its price is falling. WTR shares are trading up $0.28 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 Aqua America 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 WTR, 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 WTR, twice per month. The most recent reporting period available is January, 31 2020.