Short interest in Steel Dynamics Inc (NASDAQ:STLD) increased during the last reporting period, rising from 2.96M to 3.02M. This put 2.46% of the company's publicly available shares short.

Short interest for Steel Dynamics gives investors a sense of the degree to which investors are betting on the decline of Steel Dynamics's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 1.40M shares traded per day, it would take 2.15 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.