Essential Utilities (WTRG) Short Interest Ratio & Short Volume

Short interest is the volume of Essential Utilities shares that have been sold short but have not yet been covered or closed out. As of August 15th, traders have sold 5,170,000 shares of WTRG short. Learn More on Essential Utilities' 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. WTRG shares currently have a short interest ratio of 4.0. Learn More on Essential Utilities's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Essential Utilities: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Essential Utilities saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 5,170,000 shares, an increase of 2.6% from the previous total of 5,040,000 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.

Here is how the short interest of companies in the industry of "utilities" compare to Essential Utilities: Exelon Co. (1.50%), Xcel Energy Inc. (1.53%), Vistra Corp. (3.14%), Cheniere Energy Partners, L.P. (0.28%), Fortis Inc. (3.12%), Centrais Elétricas Brasileiras S.A. - Eletrobrás (0.10%), Alliant Energy Co. (2.48%), Western Midstream Partners, LP (2.23%), Avangrid, Inc. (1.65%), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (0.86%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling WTRG is an investing strategy that aims to generate trading profit from Essential Utilities as its price is falling. WTRG shares are trading down $0.37 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 Essential Utilities 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 WTRG, 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 WTRG, twice per month. The most recent reporting period available is August, 15 2024.