Russel Metals Short Interest Ratio and Short Volume

+0.37 (+1.73 %)
(As of 04/15/2021 12:00 AM ET)
Today's Range
Now: $21.75
50-Day Range
MA: $20.44
52-Week Range
Now: $21.75
Volume654 shs
Average Volume1,505 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A

Short Interest

Russel Metals (OTCMKTS:RUSMF) Short Interest Data

Current Short Volume251,800 shares
Previous Short Volume376,400 shares
Change Vs. Previous Month:-33.10%
Dollar Volume Sold Short$5.04 million
Short Interest Ratio / Days to Cover66.3
Last Record DateMarch, 31 2021
Today's Trading Volume654 shares
Average Trading Volume1,505 shares
Today's Volume Vs. Average-56.54%

Short Interest Over Time

Russel Metals (OTCMKTS:RUSMF) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021251,800 shares $5.04 million -33.1%N/A66.3 $20.00
3/15/2021376,400 shares $7.80 million +23.5%N/A139.4 $20.71
2/26/2021304,900 shares $5.88 million +19.7%N/A277.2 $19.28
2/12/2021254,700 shares $5.29 million -23.2%N/A149.8 $20.76
1/29/2021331,600 shares $6.22 million +1.7%N/A276.3 $18.76
1/15/2021334,200 shares $6.26 million -0.7%N/A98.3 $18.74
12/31/2020334,200 shares $5.97 million -0.7%N/A98.3 $17.86
12/15/2020334,200 shares $5.83 million -0.7%N/A98.3 $17.44
11/30/2020336,600 shares $5.90 million -11.0%N/A240.4 $17.53
11/15/2020378,200 shares $5.67 million -20.4%N/A945.5 $14.98
10/30/2020475,200 shares $7.12 million -15.0%N/A365.5 $14.98
10/15/2020559,100 shares $8.13 million -9.5%N/A2795.5 $14.55
9/30/2020617,500 shares $8.97 million +4.8%N/A771.9 $14.53
9/15/2020589,500 shares $7.82 million -15.0%N/A310.3 $13.27
8/31/2020693,800 shares $10.06 million +4.8%N/A495.6 $14.50
8/14/2020662,000 shares $9.55 million +5.7%N/A662 $14.42
7/31/2020626,600 shares $9.04 million +16.5%N/A895.1 $14.42
7/15/2020538,000 shares $7.22 million -3.6%N/A185.5 $13.42
6/30/2020558,000 shares $6.61 million +5.6%N/A1860 $11.85
6/15/2020528,300 shares $6.26 million -2.9%N/A310.8 $11.85
5/29/2020544,000 shares $5.79 million +28.3%N/A217.6 $10.65
5/15/2020424,100 shares $4.52 million -1.4%N/A353.4 $10.65
4/30/2020429,900 shares $4.58 million -5.3%N/A477.7 $10.66
4/15/2020454,000 shares $4.72 million +3.7%N/A252.2 $10.40
3/31/2020438,000 shares $4.34 million -18.3%N/A23.2 $9.90

Russel Metals (OTCMKTS:RUSMF) Short Interest FAQ

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What is Russel Metals' current short interest?

Short interest is the volume of Russel Metals shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 251,800 shares of RUSMF short.

What is a good short interest ratio for Russel Metals?

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. Russel Metals currently has a short interest ratio of 66.0.

Is Russel Metals' short interest increasing or decreasing?

Russel Metals saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 251,800 shares, a decline of 33.1% from the previous total of 376,400 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.

How does Russel Metals' short interest compare to its competitors?

0.00% of Russel Metals' shares are currently sold short. Here is how the short interest of companies in the sector of "industrials" compare to Russel Metals: Aalberts (0.00%), AB SKF (publ) (0.00%), Acciona, S.A. (0.00%), Ackermans & Van Haaren NV (0.00%), Acquired Sales Corp. (0.00%), ACS, Actividades de Construcción y Servicios, S.A. (0.00%), ADF Group Inc. (0.00%), Aecon Group Inc. (0.00%), Aena S.M.E., S.A. (0.00%), and Aeroports de Paris SA (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: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Russel Metals stock?

Short selling RUSMF is an investing strategy that aims to generate trading profit from Russel Metals as its price is falling. Russel Metals' stock is trading up $0.37 today. To short Russel Metals 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 Russel Metals 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 Russel Metals?

A short squeeze for Russel Metals 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 RUSMF, which in turn drives the price of the stock up even further.

How often is Russel Metals' 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 RUSMF, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/16/2021 by MarketBeat.com Staff
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