Encore Wire (WIRE) Short Interest Ratio & Short Volume → Man who spotted Apple at $1.49 says: “Buy These 6 AI Stocks.” (From InvestorPlace) (Ad) Free WIRE Stock Alerts $280.57 -1.43 (-0.51%) (As of 05/17/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Encore Wire Short Interest DataCurrent Short Volume1,060,000 sharesPrevious Short Volume3,000,000 sharesChange Vs. Previous Month-64.67%Dollar Volume Sold Short$296.12 millionShort Interest Ratio / Days to Cover3.7Last Record DateApril 30, 2024Outstanding Shares15,790,000 sharesFloat Size14,700,000 sharesShort Percent of Float7.21%Today's Trading Volume254,820 sharesAverage Trading Volume255,075 sharesToday's Volume Vs. Average100% Short Selling Encore Wire ? Sign up to receive the latest short interest report for Encore Wire and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatWIRE Short Interest Over TimeWIRE Days to Cover Over TimeWIRE Percentage of Float Shorted Over Time Ad InvestorPlaceMan who spotted Apple at $1.49 says: “Buy These 6 AI Stocks.”Man who spotted Apple at $1.49 says: "Buy These 6 AI Stocks."And these will be the biggest winners Encore Wire Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/20241,060,000 shares $296.12 million -64.7%7.2%3.7 $279.36 4/15/20243,000,000 shares $873.69 million -1.0%20.4%10.7 $291.23 3/31/20243,030,000 shares $796.22 million -9.3%20.6%17.1 $262.78 3/15/20243,340,000 shares $753.64 million -0.3%22.8%18.5 $225.64 2/29/20243,350,000 shares $807.35 million -0.3%22.8%17.7 $241.00 2/15/20243,360,000 shares $800.18 million +0.3%22.9%17.8 $238.15 Get the Latest News and Ratings for WIRE and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Encore Wire and its competitors with MarketBeat's FREE daily newsletter. 1/31/20243,350,000 shares $755.43 million -4.3%22.8%18.3 $225.50 1/15/20243,500,000 shares $757.09 million -4.4%29.1%17.3 $216.31 12/31/20233,660,000 shares $781.78 million -8.3%24.6%17.2 $213.60 12/15/20233,990,000 shares $843.09 million -2.7%26.9%18.6 $211.30 11/30/20234,100,000 shares $755.63 million -1.9%27.6%18.9 $184.30 11/15/20234,180,000 shares $837.50 million No Change28.1%19 $200.36 10/31/20234,180,000 shares $747.51 million -0.5%28.0%18.5 $178.83 10/15/20234,200,000 shares $748.48 million +0.5%26.4%17 $178.21 9/30/20234,180,000 shares $762.68 million +5.6%26.3%16.7 $182.46 9/15/20233,960,000 shares $683.97 million +0.5%24.9%16 $172.72 8/31/20233,940,000 shares $649.35 million +3.7%24.8%16.3 $164.81 8/15/20233,800,000 shares $635.51 million -1.0%23.9%15.7 $167.24 7/31/20233,840,000 shares $655.45 million +17.4%24.2%15.4 $170.69 7/15/20233,270,000 shares $575.95 million +2.8%19.6%12 $176.13 6/30/20233,180,000 shares $591.26 million +6.7%19.1%12.5 $185.93 6/15/20232,980,000 shares $530.05 million -2.3%17.9%11.5 $177.87 5/31/20233,050,000 shares $499.19 million +3.4%18.3%11.6 $163.67 5/15/20232,950,000 shares $489.46 million +14.8%17.7%11.4 $165.92 4/30/20232,570,000 shares $401.77 million -1.9%15.4%9.7 $156.33 4/15/20232,620,000 shares $440.87 million +11.0%15.1%12 $168.27 3/31/20232,360,000 shares $437.38 million +12.4%13.6%11.1 $185.33 3/15/20232,100,000 shares $354.56 million +2.4%12.1%10.7 $168.84 2/28/20232,050,000 shares $395.67 million -6.0%11.8%11.2 $193.01 2/15/20232,180,000 shares $422.51 million -8.4%12.5%11.7 $193.81 1/31/20232,380,000 shares $384.20 million -3.6%13.7%13.8 $161.43 1/15/20232,470,000 shares $368.80 million +1.2%14.2%12.8 $149.31 12/30/20222,440,000 shares $335.65 million -3.6%13.9%11.6 $137.56 12/15/20222,530,000 shares $351.82 million +0.4%14.4%11 $139.06 11/30/20222,520,000 shares $368.20 million -2.0%14.3%10 $146.11 11/15/20222,570,000 shares $390.46 million -0.8%14.6%10.1 $151.93 10/31/20222,590,000 shares $356.36 million +4.0%14.7%9.7 $137.59 10/15/20222,490,000 shares $298.25 million +3.8%13.6%8.5 $119.78 9/30/20222,400,000 shares $277.30 million +3.9%13.1%8.4 $115.54 9/15/20222,310,000 shares $275.77 million -2.9%12.6%8.1 $119.38Man who spotted Apple at $1.49 says: “Buy These 6 AI Stocks.” (Ad)Man who spotted Apple at $1.49 says: "Buy These 6 AI Stocks."And these will be the biggest winners WIRE Short Interest - Frequently Asked Questions What is Encore Wire's current short interest? Short interest is the volume of Encore Wire shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 1,060,000 shares of WIRE short. 7.21% of Encore Wire's shares are currently sold short. Learn More on Encore Wire's current short interest. What is a good short interest ratio for Encore Wire? 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. WIRE shares currently have a short interest ratio of 4.0. Learn More on Encore Wire's short interest ratio. Which institutional investors are shorting Encore Wire? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Encore Wire: Walleye Trading LLC, and Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Encore Wire? 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. 7.21% of Encore Wire's floating shares are currently sold short. Is Encore Wire's short interest increasing or decreasing? Encore Wire saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,060,000 shares, a decline of 64.7% from the previous total of 3,000,000 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 Encore Wire's float size? Encore Wire currently has issued a total of 15,790,000 shares. Some of Encore Wire'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. Encore Wire currently has a public float of 14,700,000 shares. How does Encore Wire's short interest compare to its competitors? 7.21% of Encore Wire's shares are currently sold short. Here is how the short interest of companies compare to Encore Wire: Mueller Industries, Inc. (4.16%), Kaiser Aluminum Co. (2.68%), Verra Mobility Co. (2.12%), Terex Co. (3.89%), Franklin Electric Co., Inc. (1.36%), EnerSys (2.85%), Belden Inc. (2.43%), Silgan Holdings Inc. (2.20%), Valmont Industries, Inc. (2.47%), MSC Industrial Direct Co., Inc. (2.67%), 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. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks. What does it mean to sell short Encore Wire stock? Short selling WIRE is an investing strategy that aims to generate trading profit from Encore Wire as its price is falling. WIRE shares are trading down $1.43 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 Encore Wire? A short squeeze for Encore Wire 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 WIRE, which in turn drives the price of the stock up even further. How often is Encore Wire'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 WIRE, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: MLI Short Interest KALU Short Interest VRRM Short Interest TEX Short Interest FELE Short Interest ENS Short Interest BDC Short Interest SLGN Short Interest VMI Short Interest MSM Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:WIRE) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaDems have chosen Biden replacement?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsPOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society41 banks launch ‘crypto dollar’Stansberry Research