Watts Water Technologies (WTS) Short Interest Ratio & Short Volume

Short interest is the volume of Watts Water Technologies shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 609,600 shares of WTS short. 2.26% of Watts Water Technologies' shares are currently sold short. Learn More on Watts Water Technologies' 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. WTS shares currently have a short interest ratio of 5.0. Learn More on Watts Water Technologies's short interest ratio.

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

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. 2.26% of Watts Water Technologies' floating shares are currently sold short.

Watts Water Technologies saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 609,600 shares, a decline of 1.3% from the previous total of 617,700 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.

Watts Water Technologies currently has issued a total of 33,310,000 shares. Some of Watts Water Technologies' 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. Watts Water Technologies currently has a public float of 26,950,000 shares.

2.26% of Watts Water Technologies' shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Watts Water Technologies: Arrow Electronics, Inc. (4.09%), MakeMyTrip Limited (3.84%), BILL Holdings, Inc. (3.67%), Kanzhun Limited (4.02%), Cognex Co. (2.59%), Ciena Co. (3.71%), Wix.com Ltd. (2.15%), Ubiquiti Inc. (11.55%), Science Applications International Co. (1.02%), Rambus Inc. (2.85%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling WTS is an investing strategy that aims to generate trading profit from Watts Water Technologies as its price is falling. WTS shares are trading down $0.85 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 Watts Water 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 WTS, 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 WTS, twice per month. The most recent reporting period available is March, 31 2024.