United States Steel Short Interest Ratio and Short Volume

United States Steel (NYSE:X) Short Interest Frequently Asked Questions

What is United States Steel's current short interest?

Short interest is the volume of United States Steel shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 42,340,000 shares of X short. 15.84% of United States Steel's shares are currently sold short. Learn More on United States Steel's current short interest.

What is a good short interest ratio for United States Steel?

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. United States Steel currently has a short interest ratio of 2.0. Learn More on a good short interest ratio for United States Steel

Which institutional investors are shorting United States Steel?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of United States Steel: Cutler Group LP, Jefferies Group LLC, Kingsview Wealth Management LLC, Balyasny Asset Management LLC, Jane Street Group LLC, Squarepoint Ops LLC, Two Sigma Investments LP, Two Sigma Securities LLC, UBS Group AG, Millennium Management LLC, Citadel Advisors LLC, Marshall Wace LLP, Royal Bank of Canada, CSS LLC IL, Balyasny Asset Management LLC, Caas Capital Management LP, HighTower Advisors LLC, Lombard Odier Asset Management USA Corp, PEAK6 Investments LLC, K2 Principal Fund L.P., Caption Management LLC, Capital Fund Management S.A., Eagle Bay Advisors LLC, Credit Suisse AG, Wolverine Trading LLC, Goldman Sachs Group Inc., HAP Trading LLC, Citigroup Inc., Barclays PLC, Concourse Financial Group Securities Inc., IMC Chicago LLC, Adams Wealth Management, and Waratah Capital Advisors Ltd.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for United States Steel?

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. 15.84% of United States Steel's floating shares are currently sold short.

Is United States Steel's short interest increasing or decreasing?

United States Steel saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 42,340,000 shares, an increase of 0.4% from the previous total of 42,190,000 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 United States Steel's float size?

United States Steel currently has issued a total of 270,233,000 shares. Some of United States Steel'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. United States Steel currently has a public float of 267,360,000 shares.

How does United States Steel's short interest compare to its competitors?

15.84% of United States Steel's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "steel" compare to United States Steel: Nucor Co. (2.32%), Steel Dynamics, Inc. (3.25%), Reliance Steel & Aluminum Co. (1.11%), Cleveland-Cliffs Inc. (9.00%), Commercial Metals (1.68%), Worthington Industries, Inc. (4.72%), Allegheny Technologies Incorporated (11.94%), Carpenter Technology Co. (2.53%), Schnitzer Steel Industries, Inc. (2.66%), and Haynes International, Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($8.74 billion), S&P Global Inc. ($7.90 billion), Charter Communications, Inc. ($5.88 billion), Lucid Group Inc ($3.75 billion), Palo Alto Networks, Inc. ($3.44 billion), Wayfair Inc. ($2.88 billion), Rivian ($2.60 billion), Zscaler, Inc. ($1.86 billion), ViacomCBS Inc. ($1.82 billion), and Match Group, Inc. ($1.79 billion). View all of the most shorted stocks.

What does it mean to sell short United States Steel stock?

Short selling X is an investing strategy that aims to generate trading profit from United States Steel as its price is falling. United States Steel's stock is trading up $0.95 today. To short United States Steel 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 United States Steel 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 United States Steel?

A short squeeze for United States Steel 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 X, which in turn drives the price of the stock up even further.

How often is United States Steel's 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 X, twice per month. The most recent reporting period available is January, 15 2022.