Tokio Marine Short Interest Ratio and Short Volume

Short interest is the volume of Tokio Marine shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 147,800 shares of TKOMY 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. Tokio Marine currently has a short interest ratio of 2.0.

Tokio Marine saw a decline in short interest in February. As of February 12th, there was short interest totaling 147,800 shares, a decline of 30.9% from the previous total of 213,900 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 Tokio Marine's shares are currently sold short. Here is how the short interest of companies in the industry of "fire, marine, & casualty insurance" compare to Tokio Marine: Chubb Limited (0.71%), The Progressive Co. (0.91%), American International Group, Inc. (1.25%), The Travelers Companies, Inc. (2.11%), The Allstate Co. (1.18%), The Hartford Financial Services Group, Inc. (1.21%), MS&AD Insurance Group Holdings, Inc. (0.00%), Cincinnati Financial Co. (4.33%), Markel Co. (0.83%), and Arch Capital Group Ltd. (0.97%).

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 TKOMY is an investing strategy that aims to generate trading profit from Tokio Marine as its price is falling. Tokio Marine's stock is trading down $0.31 today. To short Tokio Marine 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 Tokio Marine 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 Tokio Marine 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 TKOMY, 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 TKOMY, twice per month. The most recent reporting period available is February, 12 2021.