Becton, Dickinson and Company (BDX) Short Interest Ratio & Short Volume

Short interest is the volume of Becton, Dickinson and Company shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 2,310,000 shares of BDX short. 0.80% of Becton, Dickinson and Company's shares are currently sold short. Learn More on Becton, Dickinson and Company'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. BDX shares currently have a short interest ratio of 2.0. Learn More on Becton, Dickinson and Company's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Becton, Dickinson and Company: Capstone Investment Advisors LLC, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Caas Capital Management LP, Oak Hill Wealth Advisors LLC, Simplex Trading LLC, Paloma Partners Management Co, Parallax Volatility Advisers L.P., Citadel Advisors LLC, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Mendel Money Management, IMC Chicago LLC, BNP Paribas Financial Markets, and Concourse Financial Group Securities Inc.. 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. 0.80% of Becton, Dickinson and Company's floating shares are currently sold short.

Becton, Dickinson and Company saw a decrease in short interest in April. As of April 15th, there was short interest totaling 2,310,000 shares, a decrease of 21.2% from the previous total of 2,930,000 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.

Becton, Dickinson and Company currently has issued a total of 288,900,000 shares. Some of Becton, Dickinson and Company'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. Becton, Dickinson and Company currently has a public float of 288,490,000 shares.

0.80% of Becton, Dickinson and Company's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Becton, Dickinson and Company: DexCom, Inc. (2.96%), ResMed Inc. (5.41%), Boston Scientific Co. (0.88%), Baxter International Inc. (1.91%), Stryker Co. (1.21%), West Pharmaceutical Services, Inc. (1.34%), McKesson Co. (1.05%), Zoetis Inc. (0.70%), Gilead Sciences, Inc. (1.70%), HCA Healthcare, Inc. (1.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling BDX is an investing strategy that aims to generate trading profit from Becton, Dickinson and Company as its price is falling. BDX shares are trading down $0.79 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 Becton, Dickinson and Company 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 BDX, 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 BDX, twice per month. The most recent reporting period available is April, 15 2024.