Magna International (MGA) Short Interest Ratio & Short Volume → Next President (Not Trump. Not Biden.) (From The Freeport Society) (Ad) Free MGA Stock Alerts $45.32 -0.03 (-0.07%) (As of 05/28/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Magna International Short Interest DataCurrent Short Interest11,840,000 sharesPrevious Short Interest9,580,000 sharesChange Vs. Previous Month+23.59%Dollar Volume Sold Short$569.62 millionShort Interest Ratio6.5 Days to CoverLast Record DateMay 15, 2024Outstanding Shares287,280,000 sharesFloat Size268,560,000 sharesShort Percent of Float4.41%Today's Trading Volume1,635,185 sharesAverage Trading Volume1,656,417 sharesToday's Volume Vs. Average99% Short Selling Magna International ? Sign up to receive the latest short interest report for Magna International and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartMGA Short Interest Over TimeMGA Days to Cover Over TimeMGA Percentage of Float Shorted Over Time Ad Weiss RatingsBanking Apocalypse Ahead: Secure Your Savings Today!During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. We warned about 484 — an accuracy rate of 99.8% Now, I have a new warning.See what it is here! Magna International Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 5/15/202411,840,000 shares $569.62 million +23.6%4.4%6.5 $48.11 4/30/20249,580,000 shares $458.02 million +5.6%3.6%6 $47.81 4/15/20249,070,000 shares $450.33 million -7.5%3.4%6.3 $49.65 3/31/20249,810,000 shares $534.45 million +14.7%3.7%7.4 $54.48 3/15/20248,550,000 shares $449.05 million -12.4%3.2%7 $52.52 2/29/20249,760,000 shares $538.12 million +1.0%3.6%8.2 $55.14 Get the Latest News and Ratings for MGA and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Magna International and its competitors with MarketBeat's FREE daily newsletter. 2/15/20249,660,000 shares $537.19 million +58.6%3.6%8.3 $55.61 1/31/20246,090,000 shares $346.28 million -5.1%2.3%5.4 $56.86 1/15/20246,420,000 shares $356.37 million -0.6%2.4%5.7 $55.51 12/31/20236,460,000 shares $381.66 million -0.3%2.4%5.8 $59.08 12/15/20236,480,000 shares $367.09 million -24.9%2.4%5.9 $56.65 11/30/20238,630,000 shares $465.24 million -16.8%3.2%7.8 $53.91 11/15/202310,370,000 shares $579.68 million +40.9%3.9%9.4 $55.90 10/31/20237,360,000 shares $353.94 million +18.1%2.8%6.4 $48.09 10/15/20236,230,000 shares $325.27 million +5.1%2.3%5.7 $52.21 9/30/20235,930,000 shares $317.91 million +16.1%2.2%5.2 $53.61 9/15/20235,110,000 shares $292.55 million +11.1%1.9%4.5 $57.25 8/31/20234,600,000 shares $270.62 million -15.8%1.7%4.2 $58.83 8/15/20235,460,000 shares $310.07 million +30.0%2.0%4.9 $56.79 7/31/20234,200,000 shares $270.19 million +22.5%1.6%3.9 $64.33 7/15/20233,430,000 shares $202.75 million +16.3%1.3%3.3 $59.11 6/30/20232,950,000 shares $166.50 million -30.6%1.1%2.8 $56.44 6/15/20234,250,000 shares $241.19 million -30.2%1.6%4 $56.75 5/31/20236,090,000 shares $294.51 million -0.8%2.3%5.5 $48.36 5/15/20236,140,000 shares $328.24 million +14.8%2.3%5.3 $53.46 4/30/20235,350,000 shares $279.06 million +27.1%2.0%4.4 $52.16 4/15/20234,210,000 shares $228.81 million +24.9%1.6%3.5 $54.35 3/31/20233,370,000 shares $180.53 million -25.8%1.3%2.8 $53.57 3/15/20234,540,000 shares $230.00 million -7.0%1.7%3.7 $50.66 2/28/20234,880,000 shares $271.96 million +1.0%1.8%3.9 $55.73 2/15/20234,830,000 shares $273.38 million +22.3%1.8%3.9 $56.60 1/31/20233,950,000 shares $256.51 million +5.3%1.5%3.5 $64.94 1/15/20233,750,000 shares $240.26 million -10.3%1.4%3.3 $64.07 12/30/20224,180,000 shares $234.83 million +6.4%1.6%3.8 $56.18 12/15/20223,930,000 shares $228.29 million -0.8%1.5%3.4 $58.09 11/30/20223,960,000 shares $243.90 million -27.7%1.5%3.6 $61.59 11/15/20225,480,000 shares $347.54 million -0.5%2.0%5.1 $63.42 10/31/20225,510,000 shares $307.07 million +18.8%2.1%5.5 $55.73 10/15/20224,640,000 shares $226.76 million -4.3%1.7%4.7 $48.87 9/30/20224,850,000 shares $229.99 million +5.2%1.8%5 $47.42He Is Giving Away Bitcoin (Ad)And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. 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This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here 9/15/20224,610,000 shares $255.99 million +19.4%1.7%4.9 $55.53 8/31/20223,860,000 shares $222.84 million -4.7%1.4%3.9 $57.73 8/15/20224,050,000 shares $261.06 million -0.5%1.5%4 $64.46 7/31/20224,070,000 shares $259.91 million +2.5%1.5%3.7 $63.86 7/15/20223,970,000 shares $222.00 million -5.5%1.5%3.5 $55.92 6/30/20224,200,000 shares $230.58 million +31.7%1.6%3.6 $54.90 6/15/20223,190,000 shares $190.12 million -20.7%1.2%2.6 $59.60 5/31/20224,020,000 shares $260.98 million +6.4%1.5%2.9 $64.92 5/15/20223,780,000 shares $228.92 million +8.3%1.4%2.3 $60.56 4/30/20223,490,000 shares $210.34 million +39.6%1.3%2.1 $60.27 4/15/20222,500,000 shares $151.83 million -19.4%0.9%1.5 $60.73 3/31/20223,100,000 shares $199.36 million +16.1%1.1%1.8 $64.31 3/15/20222,670,000 shares $155.74 million +60.8%1.0%1.6 $58.33 2/28/20221,660,000 shares $123.29 million -24.9%0.6%1.1 $74.27 2/15/20222,210,000 shares $176.05 million -3.1%0.8%1.7 $79.66 1/31/20222,280,000 shares $183.79 million +96.6%0.8%1.7 $80.61 1/15/20221,160,000 shares $103.27 million +21.3%0.4%0.9 $89.03 12/31/2021956,400 shares $77.41 million +16.4%0.3%0.8 $80.94 12/15/2021821,500 shares $63.83 million -35.3%0.3%0.6 $77.70 11/30/20211,270,000 shares $95.55 million -5.2%0.5%1 $75.24 11/15/20211,340,000 shares $118.66 million -38.8%0.5%1.1 $88.55 10/29/20212,190,000 shares $178.05 million +23.7%0.8%1.8 $81.30 10/15/20211,770,000 shares $152.43 million -13.2%0.6%1.4 $86.12 9/30/20212,040,000 shares $153.49 million +21.4%0.7%1.6 $75.24 9/15/20211,680,000 shares $134.92 million +100.6%0.6%1.3 $80.31 8/31/2021837,500 shares $66.09 million -23.9%0.3%0.6 $78.91 8/13/20211,100,000 shares $94.53 million No Change0.4%0.8 $85.94 7/15/20211,690,000 shares $147.72 million -4.0%0.6%1.2 $87.41 6/30/20211,760,000 shares $163.05 million +1.7%0.6%1.3 $92.64 6/15/20211,730,000 shares $166.77 million -16.4%0.6%1.2 $96.40 5/28/20212,070,000 shares $208.22 million No Change0.7%1.5 $100.59 5/14/20212,070,000 shares $196.30 million +2.5%0.7%1.4 $94.83 4/30/20212,020,000 shares $193.96 million +32.0%0.7%1.3 $96.02 4/15/20211,530,000 shares $143.74 million +16.8%0.6%1 $93.95 3/31/20211,310,000 shares $116.26 million -17.1%0.5%0.9 $88.75 3/15/20211,580,000 shares $146.81 million +0.6%0.6%0.9 $92.92 2/26/20211,570,000 shares $129.23 million -8.2%0.6%1 $82.31 2/12/20211,710,000 shares $132.64 million +8.2%0.6%1.2 $77.57 1/29/20211,580,000 shares $113.90 million -10.2%0.6%1.2 $72.09 1/15/20211,760,000 shares $130.98 million -6.9%0.6%1.4 $74.42 12/31/20201,890,000 shares $135.99 million +21.9%0.7%1.5 $71.95 12/15/20201,550,000 shares $96.44 million +16.5%0.6%1.5 $62.22 11/30/20201,330,000 shares $82.13 million -42.4%0.5%1.4 $61.75 11/15/20202,310,000 shares $137.61 million +1.3%0.8%2.4 $59.57 10/30/20202,280,000 shares $117.10 million -25.0%0.8%2.4 $51.36 10/15/20203,040,000 shares $158.08 million +7.0%1.1%3.5 $52.00 9/30/20202,840,000 shares $129.93 million -8.4%1.0%3.4 $45.75 9/15/20203,100,000 shares $151.56 million -7.2%1.1%3.8 $48.89 8/31/20203,340,000 shares $162.36 million -8.5%1.2%4.1 $48.61 8/14/20203,650,000 shares $191.73 million +21.3%1.3%4.1 $52.53He Is Giving Away Bitcoin (Ad)And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. 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This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here 7/31/20203,010,000 shares $138.97 million -16.4%1.1%3.3 $46.17 7/15/20203,600,000 shares $167.69 million +18.0%1.3%3.7 $46.58 6/30/20203,050,000 shares $133.65 million +15.1%1.1%2.9 $43.82 6/15/20202,650,000 shares $117.42 million +15.7%1.0%2.2 $44.31 5/29/20202,290,000 shares $96.59 million -1.7%0.8%1.6 $42.18 5/15/20202,330,000 shares $85.79 million -22.9%0.9%1.6 $36.82 4/30/20203,020,000 shares $117.87 million +3.1%1.1%2.1 $39.03 4/15/20202,930,000 shares $101.91 million +96.6%1.1%2.2 $34.78 3/31/20201,490,000 shares $52.43 million -26.3%0.5%1.2 $35.19 3/13/20202,022,800 shares $74.24 million -6.4%0.7%2.5 $36.70 2/28/20202,160,000 shares $52.32 million -15.6%0.8%2.7 $24.22 2/14/20202,560,000 shares $106.34 million -20.5%0.9%3.8 $41.54 1/31/20203,220,000 shares $150.82 million +53.3%1.1%4.7 $46.84 1/15/20202,100,000 shares $109.37 million +8.3%0.7%3 $52.08 12/31/20191,940,000 shares $102.63 million -16.4%0.7%2.7 $52.90 MGA Short Interest - Frequently Asked Questions What is Magna International's current short interest? Short interest is the volume of Magna International shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 11,840,000 shares of MGA short. 4.41% of Magna International's shares are currently sold short. Learn More on Magna International's current short interest. What is a good short interest ratio for Magna International? 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. MGA shares currently have a short interest ratio of 6.0. Learn More on Magna International's short interest ratio. Which institutional investors are shorting Magna International? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Magna International: Walleye Trading LLC, Jane Street Group LLC, Murchinson Ltd., SIG North Trading ULC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Magna International? 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. 4.41% of Magna International's floating shares are currently sold short. Is Magna International's short interest increasing or decreasing? Magna International saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,840,000 shares, an increase of 23.6% from the previous total of 9,580,000 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 Magna International's float size? Magna International currently has issued a total of 287,280,000 shares. Some of Magna International'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. Magna International currently has a public float of 268,560,000 shares. How does Magna International's short interest compare to its competitors? 4.41% of Magna International's shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Magna International: BorgWarner Inc. (5.80%), Gentex Co. (2.50%), Lear Co. (3.71%), Allison Transmission Holdings, Inc. (1.50%), Modine Manufacturing (5.13%), LKQ Co. (2.23%), Rivian Automotive, Inc. (19.11%), Nio Inc - (9.72%), XPeng Inc. (6.00%), Oshkosh Co. (1.63%), 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. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks. What does it mean to sell short Magna International stock? Short selling MGA is an investing strategy that aims to generate trading profit from Magna International as its price is falling. MGA shares are trading down $0.03 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 Magna International? A short squeeze for Magna International 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 MGA, which in turn drives the price of the stock up even further. How often is Magna International'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 MGA, twice per month. The most recent reporting period available is May, 15 2024. More Short Interest Resources from MarketBeat Related Companies: BorgWarner Short Interest Gentex Short Interest Lear Short Interest Allison Transmission Short Interest Modine Manufacturing Short Interest LKQ Short Interest Rivian Automotive Short Interest NIO Short Interest XPeng Short Interest Oshkosh Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:MGA) was last updated on 5/29/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaYou won't believe what Citigroup just did to it's depositorsAmerican Alternative4 Cryptos BETTER than BitcoinTrue Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsWrite this ticker symbol down…StocksToTradeBill Clinton Backing Biden Replacement???The Freeport SocietyMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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