Honeywell International (HON) Short Interest Ratio & Short Volume

Short interest is the volume of Honeywell International shares that have been sold short but have not yet been closed out or covered. As of February 29th, investors have sold 8,020,000 shares of HON short. 1.23% of Honeywell International's shares are currently sold short. Learn More on Honeywell International's current short interest.

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. HON shares currently have a short interest ratio of 3.0. Learn More on Honeywell International's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Honeywell International: Caas Capital Management LP, Oak Hill Wealth Advisors LLC, Simplex Trading LLC, Wealth Enhancement Advisory Services LLC, Portman Square Capital LLP, IMC Chicago LLC, Nomura Holdings Inc., Readystate Asset Management LP, BlueCrest Capital Management Ltd, Caas Capital Management LP, Citadel Advisors LLC, Royal Bank of Canada, Point72 Asset Management L.P., Nomura Holdings Inc., Verition Fund Management LLC, Capital Fund Management S.A., Eisler Capital UK Ltd., Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Mendel Money Management, IMC Chicago LLC, One River Asset Management LLC, Wells Fargo & Company MN, UBS Group AG, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Wolverine Asset Management LLC, and SpiderRock Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.23% of Honeywell International's floating shares are currently sold short.

Honeywell International saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 8,020,000 shares, an increase of 12.0% from the previous total of 7,160,000 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.

Honeywell International currently has issued a total of 651,185,000 shares. Some of Honeywell 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. Honeywell International currently has a public float of 651,570,000 shares.

1.23% of Honeywell International's shares are currently sold short. Here is how the short interest of companies compare to Honeywell International: RTX Co. (2.78%), General Electric (1.00%), Danaher Co. (0.92%), Illinois Tool Works Inc. (2.17%), Parker-Hannifin Co. (0.78%), Trane Technologies plc (1.15%), Emerson Electric Co. (1.13%), 3M (1.58%), TE Connectivity Ltd. (0.92%), Johnson Controls International plc (1.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.39 billion), General Motors ($3.88 billion), Super Micro Computer, Inc. ($3.51 billion), Charter Communications, Inc. ($3.22 billion), Occidental Petroleum Co. ($3.13 billion), Tractor Supply ($2.76 billion), Coinbase Global, Inc. ($2.63 billion), Suncor Energy Inc. ($2.48 billion), Moderna, Inc. ($2.04 billion), and Royal Caribbean Cruises Ltd. ($1.87 billion). View all of the most shorted stocks.

Short selling HON is an investing strategy that aims to generate trading profit from Honeywell International as its price is falling. HON shares are trading up $0.43 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.

A short squeeze for Honeywell International 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 HON, 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 HON, twice per month. The most recent reporting period available is February, 29 2024.