Nextracker (NXT) Short Interest Ratio & Short Volume → The Only Energy Play You Should Be Looking At (From Wealthpin Pro) (Ad) Free NXT Stock Alerts $59.25 -1.28 (-2.11%) (As of 06/14/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Nextracker Short Interest DataCurrent Short Interest10,340,000 sharesPrevious Short Interest10,220,000 sharesChange Vs. Previous Month+1.17%Dollar Volume Sold Short$570.46 millionShort Interest Ratio2.8 Days to CoverLast Record DateMay 31, 2024Outstanding Shares145,150,000 sharesFloat Size133,430,000 sharesShort Percent of Float7.75%Today's Trading Volume2,270,621 sharesAverage Trading Volume3,596,746 sharesToday's Volume Vs. Average63% Short Selling Nextracker ? Sign up to receive the latest short interest report for Nextracker and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartNXT Short Interest Over TimeNXT Days to Cover Over TimeNXT Percentage of Float Shorted Over Time Ad Wealthpin ProThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.Click here to get all the information about it. Nextracker Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 5/31/202410,340,000 shares $570.46 million +1.2%7.8%2.8 $55.17 5/15/202410,220,000 shares $469.92 million -16.2%7.9%2.9 $45.98 4/30/202412,200,000 shares $522.04 million +6.4%9.4%3.9 $42.79 4/15/202411,470,000 shares $514.20 million +16.8%8.8%3.2 $44.83 3/31/20249,820,000 shares $552.57 million +27.2%7.6%2.4 $56.27 3/15/20247,720,000 shares $459.26 million +53.8%5.9%1.8 $59.49 Get the Latest News and Ratings for NXT and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Nextracker and its competitors with MarketBeat's FREE daily newsletter. 2/29/20245,020,000 shares $282.32 million +3.1%4.1%1.2 $56.24 2/15/20244,870,000 shares $294.88 million -16.5%4.0%1.3 $60.55 1/31/20245,830,000 shares $263.92 million -14.6%5.5%1.6 $45.27 1/15/20246,830,000 shares $287.68 million -21.5%6.5%2.1 $42.12 12/31/20238,700,000 shares $407.60 million +28.1%8.2%3.1 $46.85 12/15/20236,790,000 shares $325.04 million +4.6%14.1%3.4 $47.87 11/30/20236,490,000 shares $263.75 million +1.6%13.5%3.7 $40.64 11/15/20236,390,000 shares $245.95 million +6.5%13.3%3.8 $38.49 10/31/20236,000,000 shares $208.56 million +23.5%12.5%3.5 $34.76 10/15/20234,860,000 shares $170.63 million -0.2%10.1%3.2 $35.11 9/30/20234,870,000 shares $195.58 million +3.4%13.5%3.5 $40.16 9/15/20234,710,000 shares $201.96 million -2.3%14.5%3 $42.88 8/31/20234,820,000 shares $203.02 million +19.9%13.4%3.1 $42.12 8/15/20234,020,000 shares $164.42 million -6.1%12.5%2.6 $40.90 7/31/20234,280,000 shares $181.26 million -17.9%13.3%2.7 $42.35 7/15/20235,210,000 shares $196.89 million +3.4%16.2%3.7 $37.79 6/30/20235,040,000 shares $200.64 million +29.2%15.7%3.7 $39.81 6/15/20233,900,000 shares $166.06 million -5.1%13.2%3.5 $42.58 5/31/20234,110,000 shares $157.21 million -2.4%13.9%3.4 $38.25 5/15/20234,210,000 shares $169.75 million No Change14.2%3.3 $40.32 NXT Short Interest - Frequently Asked Questions What is Nextracker's current short interest? Short interest is the volume of Nextracker shares that have been sold short but have not yet been closed out or covered. As of May 31st, investors have sold 10,340,000 shares of NXT short. 7.75% of Nextracker's shares are currently sold short. Learn More on Nextracker's current short interest. What is a good short interest ratio for Nextracker? 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. NXT shares currently have a short interest ratio of 3.0. Learn More on Nextracker's short interest ratio. Which institutional investors are shorting Nextracker? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Nextracker: Walleye Trading LLC, Jane Street Group LLC, PEAK6 Investments LLC, Caas Capital Management LP, IMC Chicago LLC, and Nomura Holdings Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Nextracker? 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. 7.75% of Nextracker's floating shares are currently sold short. Is Nextracker's short interest increasing or decreasing? Nextracker saw a increase in short interest in May. As of May 31st, there was short interest totaling 10,340,000 shares, an increase of 1.2% from the previous total of 10,220,000 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 Nextracker's float size? Nextracker currently has issued a total of 145,150,000 shares. Some of Nextracker'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. Nextracker currently has a public float of 133,430,000 shares. How does Nextracker's short interest compare to its competitors? 7.75% of Nextracker's shares are currently sold short. Here is how the short interest of companies compare to Nextracker: Garmin Ltd. (1.58%), Teledyne Technologies Incorporated (1.28%), Leonardo DRS, Inc. (3.06%), NextNav Inc. (9.51%), Intuitive Machines, Inc. (12.75%), Coda Octopus Group, Inc. (2.31%), MIND Technology, Inc. (0.31%), Northrop Grumman Co. (1.09%), L3Harris Technologies, Inc. (0.62%), Baker Hughes (2.29%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.43 billion), Charter Communications, Inc. ($3.54 billion), Occidental Petroleum Co. ($3.11 billion), Moderna, Inc. ($2.88 billion), General Motors ($2.62 billion), Royal Caribbean Cruises Ltd. ($2.34 billion), Coinbase Global, Inc. ($2.25 billion), Tractor Supply ($2.12 billion), Dell Technologies Inc. ($1.89 billion), and Enphase Energy, Inc. ($1.72 billion). View all of the most shorted stocks. What does it mean to sell short Nextracker stock? Short selling NXT is an investing strategy that aims to generate trading profit from Nextracker as its price is falling. NXT shares are trading down $1.28 today. 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 Nextracker? A short squeeze for Nextracker 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 NXT, which in turn drives the price of the stock up even further. How often is Nextracker'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 NXT, twice per month. The most recent reporting period available is May, 31 2024. More Short Interest Resources from MarketBeat Related Companies: Garmin Short Squeeze Teledyne Technologies Short Squeeze Leonardo DRS Short Squeeze NextNav Short Squeeze Intuitive Machines Short Squeeze Coda Octopus Group Short Squeeze MIND Technology Short Squeeze Northrop Grumman Short Squeeze L3Harris Technologies Short Squeeze Baker Hughes Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:NXT) was last updated on 6/15/2024 by MarketBeat.com Staff From Our PartnersTiny, One-Half Inch Pellet the Key to INFINITE Energy?It’s a tiny, $1 billion company that holds the key to this power. 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