SHLS Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own SHLS shares is 352, representing 109.23% of the company's common stock.

QUBE RESEARCH & TECHNOLOGIES LTD, in the last quarter, reduced its stake in SHLS by -12.87% restricting it's holding to 847.67 thousand shares of worth nearly $9.48M. VOYA INVESTMENT MANAGEMENT LLC also lessened -1.99% of the SHLS shares from its portfolio, reducing its holding to 626.5 thousand shares of worth $7.00M. BLACKROCK INC. also shunned SHLS shares holding by -8.81% last quarter which brought its holding to 19.64 million shares worth $219.61M.

As per its latest 13F filing, CINCTIVE CAPITAL MANAGEMENT LP increased its stake in SHLS by 100% in the last quarter. The institutional holder raised its holding to 1.1 million shares having worth more than $12.29M. GRANDEUR PEAK GLOBAL ADVISORS, LLC also added 15.86% more shares of SHLS to its portfolio, raising its holding to 1.1 million shares of worth $12.29M. UBS GROUP AG also increased its SHLS shares holding by 146.75% which brought its holding to 1.01 million shares worth $11.28M.

The insider with the most stakes in SHLS is Solon Dean , 10 percent owner at the company. Additionally, SHLS stock is highly held by Whitaker Jason R and Chief Executive Officer MOSS BRANDON among others.

Company executives, directors, and other insiders own 0.84% percent of Shoals Technologies Group, Inc.'s stock. Within the last six months, there have been 5 transaction(s) in which SHLS insiders have sold stock, totaling 8.92K shares. Insiders that have sold shares include BARDOS DOMINIC, TOLNAR JEFFERY, and LUND INEZ.

There have been 2 transaction(s) during the past 6-months in which Shoals Technologies Group, Inc. insiders have bought stock, totalling 37300 shares

Around 1.39M Shoals Technologies Group, Inc. shares are held by insiders, which represents about 0.84% of SHLS stock.

SHLS 10 percent owner, Solon Dean holds the largest portfolio of the company's shares. SHLS shares owned by Solon total nearly 3.68 million.

QUBE RESEARCH & TECHNOLOGIES LTD is the largest institutional owner in SHLS which holds 847.67 thousand shares worth $9.48M or 0.5% of the total SHLS shares outstanding followed by CINCTIVE CAPITAL MANAGEMENT LP with ownership of 1.1 million shares representing 0.65% of the SHLS ownership. GRANDEUR PEAK GLOBAL ADVISORS, LLC is the third largest stakeholder with 1.1 million shares or 0.65% of the ownership worth more than $12.29M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the SHLS is concerned, it is a stock which is optionable.

Number of SHLS shares short is 17.98M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 166.70M shares of SHLS are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, SHLS has 156.66M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for SHLS is 2.84.