Western Asset Mortgage Capital (WMC) Short Interest Ratio & Short Volume

Short interest is the volume of Western Asset Mortgage Capital shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 10,500 shares of WMC short. 0.18% of Western Asset Mortgage Capital's shares are currently sold short. Learn More on Western Asset Mortgage Capital's current short interest.

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. 0.18% of Western Asset Mortgage Capital's floating shares are currently sold short.

Western Asset Mortgage Capital saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 10,500 shares, a decline of 55.5% from the previous total of 23,600 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.

Western Asset Mortgage Capital currently has issued a total of 6,050,000 shares. Some of Western Asset Mortgage Capital'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. Western Asset Mortgage Capital currently has a public float of 5,920,000 shares.

0.18% of Western Asset Mortgage Capital's shares are currently sold short. Here is how the short interest of companies in the sector of "real estate" compare to Western Asset Mortgage Capital: Wetouch Technology Inc. (0.00%), J.W. Mays, Inc. (0.07%), Leju Holdings Limited (0.15%), Invesco Mortgage Capital Inc. (8.23%), Seven Hills Realty Trust (0.43%), NexPoint Diversified Real Estate Trust (0.69%), Redfin Co. (14.97%).

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling WMC is an investing strategy that aims to generate trading profit from Western Asset Mortgage Capital as its price is falling. 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 Western Asset Mortgage Capital 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 WMC, 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 WMC, twice per month. The most recent reporting period available is November, 15 2023.