Magellan Financial Group (MGLLF) Short Interest Ratio & Short Volume → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free MGLLF Stock Alerts C$6.42 0.00 (0.00%) (As of 04/19/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartShort InterestStock AnalysisAnalyst ForecastsChartShort Interest Magellan Financial Group Short Interest DataCurrent Short Volume100,600 sharesPrevious Short Volume92,600 sharesChange Vs. Previous Month+8.64%Dollar Volume Sold Short$645,852.00Short Interest Ratio / Days to Cover1,006.0Last Record DateMarch 31, 2024Today's Trading Volume0 sharesAverage Trading Volume100 sharesToday's Volume Vs. Average0% Short Selling Magellan Financial Group ? Sign up to receive the latest short interest report for Magellan Financial Group and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatMGLLF Short Interest Over TimeMGLLF Days to Cover Over TimeMGLLF Percentage of Float Shorted Over Time Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story Magellan Financial Group Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/2024100,600 shares C$645,852.00 +8.6%N/A1006 $6.42 3/15/202492,600 shares C$594,492.00 +17.7%N/A0 $6.42 2/29/202478,700 shares C$505,254.00 -2.6%N/A787 $6.42 2/15/202480,800 shares C$518,736.00 -3.2%N/A808 $6.42 1/15/202451,800 shares C$332,556.00 +103.9%N/A518 $6.42 12/31/202325,400 shares C$156,210.00 -13.3%N/A906.7 $6.15 Get the Latest News and Ratings for MGLLF and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Magellan Financial Group and its competitors with MarketBeat's FREE daily newsletter. 12/15/202329,300 shares C$164,666.00 +90.3%N/A0 $5.62 11/30/202315,400 shares C$86,548.00 -91.6%N/A7.3 $5.62 11/15/2023183,900 shares C$1.03 million -13.8%N/A0 $5.62 10/31/2023213,300 shares C$1.20 million +130.6%N/A213.3 $5.62 10/15/202392,500 shares C$519,850.00 +60.6%N/A925 $5.62 9/30/202357,600 shares C$323,712.00 +103.5%N/A0 $5.62 9/15/202328,300 shares C$159,046.00 +40.1%N/A283 $5.62 8/31/202320,200 shares C$113,726.00 +6.9%N/A0 $5.63 8/15/202318,900 shares C$106,407.00 -48.2%N/A0 $5.63 7/31/202336,500 shares C$205,495.00 -82.2%N/A365 $5.63 7/15/2023204,700 shares C$1.18 million -29.7%N/A0 $5.76 6/30/2023291,200 shares C$1.68 million -30.8%N/A0 $5.76 6/15/2023420,500 shares C$2.42 million -1.4%N/A4205 $5.76 5/31/2023426,400 shares C$2.38 million +4.7%N/A609.1 $5.57 5/15/2023407,400 shares C$2.27 million +10.8%N/A0 $5.57 4/30/2023367,800 shares C$2.05 million -10.3%N/A0 $5.57 4/15/2023409,800 shares C$2.28 million -6.2%N/A0 $5.57 3/31/2023436,900 shares C$2.43 million +2.2%N/A0 $5.57 3/15/2023427,400 shares C$2.38 million +5.2%N/A0 $5.57 2/28/2023406,300 shares C$2.26 million -4.7%N/A0 $5.57 2/15/2023426,400 shares C$2.38 million +6.9%N/A0 $5.57 1/31/2023398,800 shares C$2.22 million -9.0%N/A0 $5.57 1/15/2023438,000 shares C$2.44 million -6.9%N/A4380 $5.57 12/30/2022470,200 shares C$2.97 million No ChangeN/A4702 $6.31 12/15/2022470,200 shares C$2.97 million -9.5%N/A0 $6.31 11/30/2022519,300 shares C$3.28 million -6.2%N/A0 $6.31 11/15/2022553,500 shares C$3.49 million +1.6%N/A0 $6.31 10/31/2022544,700 shares C$3.44 million +12.0%N/A389.1 $6.31 10/15/2022486,400 shares C$3.07 million +0.2%N/A4864 $6.31 9/30/2022485,600 shares C$4.37 million +0.2%N/A4856 $9.00 9/15/2022484,500 shares C$4.36 million +103.3%N/A4845 $9.00 8/31/2022238,300 shares C$2.14 million +1,134.7%N/A0 $9.00 8/15/202219,300 shares C$173,700.00 -9.0%N/A0 $9.00 7/31/202221,200 shares C$190,800.00 -29.8%N/A106 $9.00Biden’s $374B Giveaway Into This Sector (Ad)Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story MGLLF Short Interest - Frequently Asked Questions What is Magellan Financial Group's current short interest? Short interest is the volume of Magellan Financial Group shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 100,600 shares of MGLLF short. Learn More on Magellan Financial Group's current short interest. What is a good short interest ratio for Magellan Financial Group? 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. MGLLF shares currently have a short interest ratio of 1,006.0. Learn More on Magellan Financial Group's short interest ratio. Is Magellan Financial Group's short interest increasing or decreasing? Magellan Financial Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 100,600 shares, an increase of 8.6% from the previous total of 92,600 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. Which stocks are the most shorted right now? 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. What does it mean to sell short Magellan Financial Group stock? Short selling MGLLF is an investing strategy that aims to generate trading profit from Magellan Financial 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. How does a short squeeze work against Magellan Financial Group? A short squeeze for Magellan Financial Group 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 MGLLF, which in turn drives the price of the stock up even further. How often is Magellan Financial Group'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 MGLLF, twice per month. The most recent reporting period available is March, 31 2024. More Short Interest Resources from MarketBeat Related Companies: TGOPF Short Squeeze TGOPY Short Squeeze IDDTF Short Squeeze IDTVF Short Squeeze AABVF Short Squeeze IAF Short Squeeze AGD Short Squeeze AWP Short Squeeze THQ Short Squeeze ACP Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (OTCMKTS:MGLLF) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe #1 Crypto for 2024InvestorPlaceOptions trading has suddenly become more reliable.Eagle PublishingHow Biden has already won 2024Porter & CompanyTop 5 AI Stocks to Buy for 2024Market Moving Trends