Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date May 15, 2024

Rhea-AI Summary

Nasdaq announced mid-month open short interest positions for Nasdaq stocks as of May 15, 2024. Short interest in 3,063 Nasdaq Global Market securities totaled 11.65 billion shares, a slight decrease from the previous period's 11.68 billion shares in 3,072 issues. This represents an average of 3.15 days to cover, down from 3.29 days. For the Nasdaq Capital Market, short interest in 1,719 securities totaled 1.97 billion shares, nearly unchanged from 1.97 billion shares in 1,721 securities previously. The average daily volume increased to 1.61 days from 1.37 days. Overall, short interest in all 4,782 Nasdaq securities amounted to 13.62 billion shares, slightly down from 13.66 billion shares in 4,793 issues, representing an average of 2.77 days to cover, up from 2.73 days. Short sales involve the sale of securities not owned by the seller and are typically completed by borrowing the securities.

Positive

• Short interest in Nasdaq Global Market securities decreased slightly, indicating potentially lower bearish sentiment.
• The average days to cover for Nasdaq Global Market securities dropped from 3.29 to 3.15, suggesting improved market sentiment.
• Short interest in Nasdaq Capital Market securities remained stable, which could indicate consistent investor sentiment.
• The average days to cover for Nasdaq Capital Market securities increased from 1.37 to 1.61, suggesting higher trading volume.

Negative

• Overall short interest in all Nasdaq securities decreased slightly, showing a minimal reduction in bearish bets.
• The overall number of securities with short interest positions dropped from 4,793 to 4,782, indicating a slight decline in market participation.

NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- At the end of the settlement date of May 15, 2024, short interest in 3,063 Nasdaq Global Market^SM securities totaled 11,646,612,058 shares compared with 11,683,381,571 shares in 3,072 Global Market issues reported for the prior settlement date of April 30, 2024. The mid-May short interest represents 3.15 days compared with 3.29 days for the prior reporting period.

Short interest in 1,719 securities on The Nasdaq Capital Market^SM totaled 1,972,813,805 shares at the end of the settlement date of May 15, 2024, compared with 1,972,635,923 shares in 1,721 securities for the previous reporting period. This represents a 1.61 day average daily volume; the previous reporting period’s figure was 1.37.

In summary, short interest in all 4,782 Nasdaq^® securities totaled 13,619,425,863 shares at the May 15, 2024 settlement date, compared with 4,793 issues and 13,656,017,494 shares at the end of the previous reporting period. This is 2.77 days average daily volume, compared with an average of 2.73 days for the prior reporting period.

The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.

For more information on Nasdaq Short interest positions, including publication dates, visit http://www.nasdaq.com/quotes/short-interest.aspx or http://www.nasdaqtrader.com/asp/short_interest.asp.

About Nasdaq:
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Media Contact:
Camille Stafford
camille.stafford@nasdaq.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dcf10ba0-f71f-4b02-93d9-446d8e9fb966

NDAQO

FAQ

What was the total short interest in Nasdaq Global Market securities as of May 15, 2024?

The total short interest in Nasdaq Global Market securities as of May 15, 2024, was 11,646,612,058 shares.

How did the short interest in Nasdaq Global Market securities change from the previous period?

Short interest in Nasdaq Global Market securities decreased from 11,683,381,571 shares to 11,646,612,058 shares.

What was the average days to cover for Nasdaq Global Market securities as of May 15, 2024?

The average days to cover for Nasdaq Global Market securities was 3.15 days as of May 15, 2024.

How did the short interest in Nasdaq Capital Market securities change as of May 15, 2024?

Short interest in Nasdaq Capital Market securities remained nearly unchanged at 1,972,813,805 shares from the previous 1,972,635,923 shares.

What was the average daily volume for Nasdaq Capital Market securities in mid-May 2024?

The average daily volume for Nasdaq Capital Market securities increased to 1.61 days in mid-May 2024 from 1.37 days.

What was the total short interest in all Nasdaq securities as of May 15, 2024?

Total short interest in all Nasdaq securities was 13,619,425,863 shares as of May 15, 2024.

How did the total short interest in all Nasdaq securities change from the previous reporting period?

Total short interest in all Nasdaq securities decreased from 13,656,017,494 shares to 13,619,425,863 shares.

What does a short sale mean in the context of Nasdaq securities?

A short sale in Nasdaq securities refers to the sale of a security not owned by the seller, typically completed by borrowing the security.