Reckitt Benckiser Group Short Interest Ratio and Short Volume

Short interest is the volume of Reckitt Benckiser Group shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 1,817,000 shares of RBGLY short.

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. Reckitt Benckiser Group currently has a short interest ratio of 3.0.

Reckitt Benckiser Group saw a increase in short interest in the month of February. As of February 12th, there was short interest totaling 1,817,000 shares, an increase of 36.8% from the previous total of 1,328,600 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.

0.00% of Reckitt Benckiser Group's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to Reckitt Benckiser Group: The Coca-Cola Company (0.54%), L'Oréal S.A. (0.00%), PepsiCo, Inc. (0.68%), Philip Morris International Inc. (0.65%), Anheuser-Busch InBev SA/NV (0.16%), The Estée Lauder Companies Inc. (0.00%), Diageo plc (0.08%), Altria Group, Inc. (0.76%), British American Tobacco p.l.c. (0.11%), and Mondelez International, Inc. (0.73%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling RBGLY is an investing strategy that aims to generate trading profit from Reckitt Benckiser Group as its price is falling. Reckitt Benckiser Group's stock is trading up $0.21 today. To short Reckitt Benckiser Group 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 Reckitt Benckiser Group 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 Reckitt Benckiser Group 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 RBGLY, 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 RBGLY, twice per month. The most recent reporting period available is February, 12 2021.