AMRZ Amrize Ltd
XNYS
43.21
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
AMRZ
$43.21
—
What changed
Recent filings, trades and movesKey stats
$43.21
- 52-Week Range
- $35.78 – $65.94
- YTD
- -22.05%
- IV Rank (30D)
- 54.42
- Straddle Price
- $4.53
- P/C Vol Ratio
- 3.56
- Market Cap
- $22.3B
- Open
- $42.34
- Day Range
- $42.13 – $43.39
- Volume
- 2,695,619
- Prev Close
- $41.87
Fair Value
+50.0% vs price
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 0.74 |
| Cost of Equity (CAPM) | 8.59% (VRP-adj) |
| WACC | 8.21% |
| Volatility Risk Premium | +28.5pp (IV − HV30) |
| Effective Tax Rate | 22.7% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $1.1B |
| Return on Equity (TTM) | 9.6% |
| Book / Price | 55.9% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 24.8% |
| FCF Margin (TTM) | 8.8% |
| Debt / Equity | 0.33 |
| Quality Score | 2/6 — normal (10y DCF) |
| Market-Implied Growth | +7.8% (reverse-DCF on current price) |
| SMA 50 | $39.52 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $39.74 |
| Bollinger Width / SMA20 | 23.4% (drives anchor stability) |
| Net Debt | $3.9B |
| Market Cap | $23B |
Peers used for multiples: CRH, MLM, VMC
(filtered from 8 ETF-co-members; sector bias active)
Blended Fair Value
$90.82
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $169.22 | 28% | |
| DDM (Gordon) | $22.53 | 0% | |
| Peer P/E | $43.88 | 9% | median 17.9× · 3 peers |
| Peer EV/EBITDA | $88.35 | 9% | median 17.8× · 3 peers |
| Peer P/B | $76.02 | 9% | median 3.2× · 3 peers |
| Peer P/S | $113.46 | 9% | median 4.6× · 3 peers |
| Market Anchor (SMA50) | $39.52 | 19% | stability 33% (BB-width) |
| Options Expected (B-L 30d) | $41.87 | 18% | 13 strikes · skew +0.04 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- CEMENT, HYDRAULIC (3241) · industry map
- Exchange
- XNYS
- Market Cap
- $22.3B
- Employees
- 19,000
- List Date
- 2025-06-23
- CIK
- 0002035989
- Last Earnings
- Oct 28 after close · +3.9% vs ±8.7% expected
- Next Earnings
- ~Feb 16, 2027 (estimated)
- Headquarters
- Zug
- Homepage
- https://www.amrize.com
Amrize is a North America-focused building solutions company formed in 2025 following its spinoff from Holcim. Its product portfolio spans cement, aggregates, ready-mix concrete, asphalt, roofing, and wall systems. It serves the infrastructure, commercial, and residential construction markets.
Summary
—
composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '25 | '26 | Avg |
|---|---|---|---|
| Jan | -- | -5.07% | -5.07% |
| Feb | -- | 22.76% | 22.76% |
| Mar | -- | -12.15% | -12.15% |
| Apr | -- | -2.54% | -2.54% |
| May | -- | 1.89% | 1.89% |
| Jun | -4.69% | -0.91% | -2.80% |
| Jul | 2.92% | -7.61% | -2.35% |
| Aug | 1.96% | -14.45% | -6.24% |
| Sep | -7.86% | -12.66% | -10.26% |
| Oct | 7.02% | 11.09% | 9.05% |
| Nov | 0.76% | -0.21%* | 0.28% |
| Dec | 3.92% | -- | 3.92% |
| Total | 3.27% | -22.91% | -9.82% |
* Only 2 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $40.10
SMA 50: $39.49
SMA 200: $50.22
Current: $43.18
EMA 12: $41.64
EMA 26: $40.52
MACD: 1.1183 | Signal: 0.4164
BULLISH
ADX (14): 33.77
TREND
+DI: 31.58
−DI: 15.10
Momentum Oscillators
RSI (14): 62.16
NEUTRAL
Stoch %K: 68.71
Stoch %D: 74.76
Williams %R: -23.63
Volume & Volatility
BB Upper: $44.65
BB Lower: $35.55
NEUTRAL
OBV: -63,957,793
Vol SMA 20: 4,423,062
Vol ROC: -49.83%
ATR: $1.37
True Range: $1.52
HV 20: 37.4%
HV 30: 32.9%
HV 60: 32.2%
Data Summary
Data Points: 348
Last Updated:
Date Range: 2025-06-23T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before AMRZ’s Oct 28 earnings report, so it doesn’t reflect the results.
AMRZ Stock Analysis Report
Executive Summary
Overall Assessment: BEARISH | Confidence Level: 7/10
Amrize Technologies (AMRZ) presents a deteriorating technical setup with strong downtrend momentum despite neutral near-term oscillator readings. The stock is trading significantly below its long-term moving averages, caught in a pronounced downtrend with negative MACD histogram (-1.62) and a strong bearish directional index (-DI: 32.74 vs +DI: 17.95). While the recent insider stake addition by Benson suggests some institutional conviction, the negative analyst sentiment and sharp volume decline (-82.19% rate of change) indicate weakening demand.
Investment Thesis: AMRZ is in a structural downtrend with deteriorating momentum and below-average volume support. The stock faces meaningful headwinds into the late October earnings date, and current technical conditions favor mean reversion downward toward the $35.70 lower Bollinger Band before any stabilization is likely.
Recent News Sentiment Impact: Mixed signals—the Zacks "Bear of the Day" designation on 2026-10-01 aligns with the technical breakdown, while the Benson stake addition (10-12) appears insufficient to arrest the decline, suggesting institutional buyers may be testing lower levels rather than expressing confidence at current prices.
Technical Analysis
Trend Direction
Short-term (1-4 weeks): BEARISH
- Price at $37.22 trading below SMA 20 ($37.29), indicating recent weakness
- RSI at 40.19 suggests continued downward pressure with room to move lower
- Stochastic indicators deeply oversold (%K: 31.56, %D: 20.80), but downtrend intact
Medium-term (1-3 months): BEARISH
- Price significantly below SMA 50 ($41.26), down ~9.8% from the intermediate moving average
- EMA 12 ($36.94) below EMA 26 ($38.30) confirms bearish crossover structure
- ADX at 39.62 indicates a strong trending regime, not a reversal setup
Long-term (3-12 months): STRONGLY BEARISH
- Price down 27.6% from SMA 200 ($51.44)—a severe long-term erosion
- The stock has broken below both intermediate support levels and established a multi-month downtrend
- No bullish recovery structure visible on the technical setup
Support/Resistance Levels
| Level | Type | Distance | Significance | |-------|------|----------|---------------| | $35.70 | Support (Lower BB) | -4.1% | First technical floor; likely bounce point if breached | | $37.22 | Current Price | — | At the edge of immediate support zone | | $37.29 | Resistance (SMA 20) | +0.2% | Near-term resistance; failed break above | | $38.87 | Resistance (Upper BB) | +4.4% | Mean reversion target if oversold reversal occurs | | $41.26 | Major Resistance (SMA 50) | +10.9% | Intermediate trend reversal level—distant | | $51.44 | Long-term Resistance (SMA 200) | +38.2% | Would require structural recovery; very distant |
Critical Observation: The stock is sandwiched between SMA 20 ($37.29) and lower Bollinger Band ($35.70)—a narrow $1.59 range suggesting near-term volatility containment, but with downside bias given the technical structure.
Momentum Signals
RSI (14): 40.19 (Neutral-Bearish)
- Well above oversold territory (<30), indicating no extreme capitulation yet
- Positioned in neutral zone (30-70) but closer to bearish than bullish
- Not yet at levels that would trigger automatic mean reversion buying
- Suggests further downside possible before oversold conditions emerge
MACD: -1.37 (Signal: 0.25 | Histogram: -1.62) — BEARISH
- Negative MACD line with expanding negative histogram (-1.62) = accelerating bearish momentum
- MACD line ($-1.37) still declining below signal line ($0.25), confirming downtrend
- No bullish crossover setup visible; histogram widening suggests momentum gaining on the downside
- This is a damaging technical signal indicating the selloff is accelerating, not stabilizing
Bollinger Bands: Neutral but Directionally Biased
- Price at $37.22 sits near the middle band ($37.29)—neutral positioning
- Band width of 8.49 indicates a moderate volatility regime (neither squeezed nor expanded)
- However, given the strong downtrend, mean reversion would more likely target lower band ($35.70) before upper band ($38.87)
- No clear squeeze pattern suggesting imminent breakout in either direction
Volume Analysis
Critical Red Flag: Volume Collapse
- Volume Rate of Change: -82.19% — this is severe deterioration
- Volume SMA 20: 3,463,661 shares—below-average daily activity
- Interpretation: The selloff is accompanied by declining participation, suggesting:
- Lack of institutional conviction to either buy or sell aggressively
- Potential loss of market interest in the name
- Below-average volume on the downtrend weakens the bearish case somewhat (see caveat below)
On-Balance Volume: -75,809,486.85 (Negative)
- Cumulative OBV in negative territory indicates more selling volume than buying volume historically
- Aligns with the bearish technical picture but confirms seller pressure throughout recent period
Volume Caveat: While the downtrend is intact, the -82.19% volume rate of change suggests this is not an institutional capitulation-driven selloff. This could indicate either (a) weak hands exiting before earnings, or (b) waiting for greater clarity. A true capitulation bottom typically occurs on heavy volume; AMRZ shows the opposite pattern.
News & Sentiment Analysis
Recent Headlines Summary
| Headline | Date | Sentiment | Relevance | |----------|------|-----------|-----------| | Bear of the Day: Amrize (AMRZ) | 2026-10-01 | NEGATIVE | Analyst downgrade; timing near recent decline peak | | Benson Adds $5.2M Stake (Post-Holcim Spinoff) | 2025-10-12 | NEUTRAL | Insider buying; suggests some valuation opportunity seen |
Sentiment Assessment: MIXED-TO-NEGATIVE
Negative Signals:
- Zacks designation as "Bear of the Day" (10-01) provides formal bearish analyst call
- Timing of this call aligns with technical deterioration (MACD histogram expanding negative)
- Suggests analyst community detecting fundamental weakness or execution issues
Neutral/Mitigating Signals:
- Benson fund stake addition ($5.2M) indicates some institutional conviction at lower levels
- Post-Holcim spinoff context suggests this may be a restructuring opportunity (context-dependent)
- Absence of negative earnings misses, regulatory warnings, or management departures in headlines
Sentiment Tilt: The mix is roughly 60% negative / 40% neutral, reflecting analyst skepticism offset by selective insider buying. This is not a euphoric selloff; it reads more like selective institutional repositioning.
Catalyst Identification
Immediate (1-7 days):
- None identified in headline data
Near-term (1-4 weeks):
- Next Earnings: 2026-10-27 (26 days out) — This is the primary catalyst
- Options market pricing $3.85 expected move (36 DTE), suggesting traders anticipate meaningful volatility
- RSI and Stochastic both provide room for additional downside if earnings disappoint
- Recent earnings history shows quarterly cadence (08-06, 04-29, 02-17)
Medium-term (1-3 months):
- Post-earnings guidance/strategic direction reset
- Potential analyst revisions following Q3 2026 results
Market Narrative vs. Technical Signals
Alignment: The Zacks "Bear of the Day" call aligns well with the technical deterioration:
- Both suggest weakness
- Both emerged simultaneously (10-01 call near the peak of recent decline)
- Narrative appears to have confirmed rather than preceded the technical breakdown
Misalignment Risk: The Benson stake addition is not reflected in volume or price support
Generated
News
All AMRZ news →
Pricing discipline and targeted acquisitions are offsetting cost inflation while an internal savings program delivers $73 million in year-to-date results.
Pricing gains offset weather headwinds as margins expand in building materials.
Showing 1–10 of 11
Page 1 of 2
Earnings History
3 of 6 under expected move
Avg Expected Move
8.22%
Avg Actual Move
6.77%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2025-08-06 | After-Close | 6.40% | 6.72% | 1.05x | Exceeded |
| 2025-10-28 | After-Close | 11.90% | 4.78% | 0.40x | Within |
| 2026-02-17 | After-Close | 4.97% | 10.99% | 2.21x | Exceeded |
| 2026-04-29 | After-Close | 9.16% | 5.27% | 0.58x | Within |
| 2026-08-06 | After-Close | 8.20% | 8.94% | 1.09x | Exceeded |
| 2026-10-28 | After-Close | 8.68% | 3.95% | 0.46x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
AMRZ Options Activity & IV Rank
AMRZ IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 39.1%
7-DTE IV: 36.9%
Expected Move: $4.53
7-DTE Move: $2.20
Days to Exp: 39 (2026-12-18)
Options Flow · All expiries
Call Volume: 1,350
Put Volume: 4,800
P/C Volume: 3.556
BEARISH
Call OI: 18,806
Put OI: 36,579
P/C OI: 1.945
Total OI: 55,385
ATM Options Pricing
ATM Call: $2.25
ATM Put: $2.27
Call %: 5.2%
Put %: 5.3%
Chain Summary
Chain Volume: 6,150
Chain OI: 55,385
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 32nd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
32%
vs own history
GEX tilt
-0.37
OI-weighted, today
Vanna tilt
-0.13
δ-sensitivity to IV
Charm tilt
-0.24
δ-decay vs time
? What is this?
· 28 ATM contracts, 15k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)26.7MediumNov 9
IV Rank (30 DTE)54.4MediumNov 9
Straddle Price (30 DTE)$4.53Nov 9
Beta Analysis
Risk Metrics
Beta: 1.2317
Alpha: -21.75%
Correlation: 0.4479
R-Squared: 20.1%
Stock Volatility: 37.8%
Market Volatility: 13.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own AMRZ
4 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Renaissance Technologies Hedge fund Jim Simons | $57.8M | #283 of 3138 | -44.5% | 13F | |
| Citadel Hedge fund Ken Griffin | $34.7M | #863 of 6285 | -4.2% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $13.7M | #1372 of 3716 | -77.3% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $40K | #3462 of 4729 | -60.8% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
AMRZ Institutional Ownership (13F)
Filings for 2026-06-30 · 165 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 551,650,000 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
12 filers$79.77M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $30.58M | 38.33% | 2026-06-30 |
| 2 | UBS Group AG Custodian | $15.22M | 19.08% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $11.89M | 14.91% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $7.65M | 9.59% | 2026-06-30 |
| 5 | Twin Tree Management, LP | $3.84M | 4.81% | 2026-06-30 |
| 6 | IMC-Chicago, LLC Custodian | $3.23M | 4.05% | 2026-09-30 |
| 7 | Barclays PLC Custodian | $2.80M | 3.52% | 2026-09-30 |
| 8 | Crawford Fund Management, LLC | $1.95M | 2.44% | 2026-06-30 |
| 9 | TUDOR INVESTMENT CORP ET AL | $1.06M | 1.32% | 2026-06-30 |
| 10 | Caption Management, LLC | $799.50K | 1.00% | 2026-06-30 |
| 11 | GROUP ONE TRADING LLC Custodian | $453.05K | 0.57% | 2026-06-30 |
| 12 | Simplex Trading, LLC Custodian | $302.86K | 0.38% | 2026-09-30 |
12 filers$84.81M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $15.97M | 18.84% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $14.03M | 16.55% | 2026-06-30 |
| 3 | Goldman Sachs Group Inc Custodian | $11.82M | 13.93% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $11.12M | 13.12% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $8.48M | 10.00% | 2026-09-30 |
| 6 | PEAK6 LLC | $7.38M | 8.70% | 2026-06-30 |
| 7 | Twin Tree Management, LP | $6.20M | 7.32% | 2026-06-30 |
| 8 | BNP Paribas Financial Markets Custodian | $4.00M | 4.71% | 2026-06-30 |
| 9 | Simplex Trading, LLC Custodian | $2.59M | 3.05% | 2026-09-30 |
| 10 | TUDOR INVESTMENT CORP ET AL | $1.98M | 2.34% | 2026-06-30 |
| 11 | Caption Management, LLC | $1.07M | 1.26% | 2026-06-30 |
| 12 | GROUP ONE TRADING LLC Custodian | $154.57K | 0.18% | 2026-06-30 |
AMRZ Insider Trading (Form 4)
Latest: 2026-09-03Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Jan Philipp Jenisch | Chairman & CEO | Buy (P) | +30,000 | $42.47 | $1.27M | EDGAR |
| 2026-08-31 | Dwight Audley Konrad Gibson | Director | Buy (P) | +5 | $44.58 | $244 | EDGAR |
| 2026-08-26 | Jacques Wolf Sanche | Director | Buy (P) | +4,150 | $45.02 | $186.8K | EDGAR |
| 2026-08-26 | Denise R Singleton | Chief Legal Officer & Corp Sec | Buy (P) | +3,500 | $44.12 | $154.4K | EDGAR |
| 2026-08-25 | Nollaig Forrest | Chief Mktg & Corp Affairs Off | Buy (P) | +1,500 | $44.15 | $66.2K | EDGAR |
| 2026-08-18 | Samuel Jonas Poletti | Chief Strategy & M&A Officer | Buy (P) | +2,510 | $46.92 | $117.8K | EDGAR |
| 2026-08-13 | Mario Gross | Chief Supply Chain Officer | Buy (P) | +3,568 | $46.60 | $166.3K | EDGAR |
| 2026-08-13 | Baris Oran | Chief Financial Officer | Buy (P) | +6,000 | $47.26 | $283.5K | EDGAR |
| 2026-08-13 | Stephen S Clark | Chief People Officer | Buy (P) | +5,260 | $47.31 | $248.9K | EDGAR |
| 2026-08-13 | Roald Brouwer | Chief Technology Officer | Buy (P) | +1,500 | $46.36 | $69.5K | EDGAR |
| 2026-08-13 | Jaime Hill | President, Building Materials | Buy (P) | +1,500 | $47.12 | $70.7K | EDGAR |
| 2026-07-07 | Roald Brouwer | Chief Technology Officer | Award (A) | +233 | $45.31 | $10.6K | EDGAR |
| 2026-05-26 | Nollaig Forrest | Chief Mktg & Corp Affairs Off | Buy (P) | +2,000 | $50.25 | $100.5K | EDGAR |
| 2026-05-21 | Roald Brouwer | Chief Technology Officer | Buy (P) | +1,500 | $49.84 | $74.8K | EDGAR |
| 2026-05-21 | Mario Gross | Chief Supply Chain Officer | Buy (P) | +4,000 | $49.01 | $196.0K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
AMRZ Insider Holdings
22 insiders · @ $43.18
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Jan Philipp Jenisch | Chairman & CEO | 2,285,000 | $98.67M | $64.70M | 9 | 2026-09-03 |
| 2 | James J Gosa | President, Building Envelope | 41,268 | $1.78M | $0 | 2 | 2026-03-23 |
| 3 | Mario Gross | Chief Supply Chain Officer | 38,117 | $1.65M | $1.05M | 7 | 2026-08-13 |
| 4 | Jaime Hill | President, Building Materials | 29,698 | $1.28M | $987.0K | 10 | 2026-08-13 |
| 5 | Ian A Johnston | Chief Financial Officer | 25,110 | $1.08M | $828.2K | 5 | 2026-03-11 |
| 6 | Jurg Amadeo Oleas | Director | 23,892 | $1.03M | $0 | 3 | 2026-04-22 |
| 7 | Nollaig Forrest | Chief Mktg & Corp Affairs Off | 21,639 | $934.4K | $166.7K | 4 | 2026-08-25 |
| 8 | Roald Brouwer | Chief Technology Officer | 21,490 | $927.9K | $882.2K | 9 | 2026-08-13 |
| 9 | Stephen S Clark | Chief People Officer | 10,637 | $459.3K | $508.1K | 3 | 2026-08-13 |
| 10 | Samuel Jonas Poletti | Chief Strategy & M&A Officer | 10,155 | $438.5K | $176.9K | 4 | 2026-08-18 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
AMRZ Board & Officers
As of SEC filings through Sep 9, 2026Directors 12
- Markus Leo Unternaehrer · since May 30, 2025
- Dwight Audley Konrad Gibson · since Jun 23, 2025
- Holli C. Ladhani · since Jun 23, 2025
- Jan Philipp Jenisch · since Jun 23, 2025
- Jurg Amadeo Oleas · since Jun 23, 2025
- Maria Cristina Alapag Wilbur · since Jun 23, 2025
- Michael E McKelvy · since Jun 23, 2025
- Nicholas C Gangestad · since Jun 23, 2025
- Pellanda Katja Nicole Roth · since Jun 23, 2025
- Robert S. Rivkin · since Jun 23, 2025
- Donald P Newman · since Apr 21, 2026
- Jacques Wolf Sanche · since Apr 21, 2026
Officers 11
- Jan Philipp Jenisch · Chairman & CEO · since Jun 23, 2025
- Jaime Hill · President, Building Materials · since Jun 23, 2025
- James J Gosa · President, Building Envelope · since Jun 23, 2025
- Baris Oran · Chief Financial Officer · since Apr 1, 2026
- Denise R Singleton · Chief Legal Officer & Corp Sec · since Jun 23, 2025
- Mario Gross · Chief Supply Chain Officer · since Jun 23, 2025
- Nollaig Forrest · Chief Mktg & Corp Affairs Off · since Jun 23, 2025
- Roald Brouwer · Chief Technology Officer · since Jun 23, 2025
- Stephen S Clark · Chief People Officer · since Jun 23, 2025
- Samuel Jonas Poletti · Chief Strategy & M&A Officer · listed since Jun 2025
- Zane Michael Nielsen · Chief Accounting Officer · since Sep 1, 2026
Changes in the last 10 years (34)
| Sep 1, 2026 | Zane Michael Nielsen became Chief Accounting Officer |
| Apr 21, 2026 | Jacques Wolf Sanche became a director |
| Apr 21, 2026 | Donald P Newman became a director |
| Apr 1, 2026 | Baris Oran became Chief Financial Officer |
| Mar 31, 2026 | The company announced the departure of Ian A Johnston as Chief Financial Officer in an SEC filing |
| Feb 11, 2026 | The company announced the departure of Theresa J Drew from the board in an SEC filing |
| Jun 24, 2025 | Samuel Jonas Poletti first listed as Chief Strategy & M&A Officer in an SEC filing |
| Jun 24, 2025 | Holcim Ltd. reported in an SEC filing no longer being a 10% owner |
| Jun 23, 2025 | Theresa J Drew became a director |
| Jun 23, 2025 | Stephen S Clark became Chief People Officer |
| Jun 23, 2025 | Robert S. Rivkin became a director |
| Jun 23, 2025 | Roald Brouwer became Chief Technology Officer |
| Jun 23, 2025 | Richard J Hoffman became Chief Accounting Officer |
| Jun 23, 2025 | Pellanda Katja Nicole Roth became a director |
| Jun 23, 2025 | Nollaig Forrest became Chief Mktg & Corp Affairs Off |
| Jun 23, 2025 | Nicholas C Gangestad became a director |
| Jun 23, 2025 | Michael E McKelvy became a director |
| Jun 23, 2025 | Mario Gross became Chief Supply Chain Officer |
| Jun 23, 2025 | Maria Cristina Alapag Wilbur became a director |
| Jun 23, 2025 | Jurg Amadeo Oleas became a director |
| Jun 23, 2025 | Jan Philipp Jenisch became a director |
| Jun 23, 2025 | Jan Philipp Jenisch became Chairman & CEO |
| Jun 23, 2025 | James J Gosa became President, Building Envelope |
| Jun 23, 2025 | Jaime Hill became President, Building Materials |
| Jun 23, 2025 | Ian A Johnston became Chief Financial Officer |
| Jun 23, 2025 | Holli C. Ladhani became a director |
| Jun 23, 2025 | Dwight Audley Konrad Gibson became a director |
| Jun 23, 2025 | Denise R Singleton became Chief Legal Officer & Corp Sec |
| Jun 20, 2025 | The company announced the departure of Samuel Jonas Poletti from the board in an SEC filing |
| Jun 20, 2025 | The company announced the departure of Lukas Urs Studer from the board in an SEC filing |
| May 30, 2025 | Samuel Jonas Poletti became a director |
| May 30, 2025 | Markus Leo Unternaehrer became a director |
| May 30, 2025 | Lukas Urs Studer became a director |
| May 30, 2025 | Holcim Ltd. became a 10% owner |
Not reported recently (1)
- Richard J Hoffman · Last reported as Chief Accounting Officer in an SEC filing dated Jun 24, 2025
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
Recent SEC Filings
Latest: 2026-10-29
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-10-28 | Earnings results · Regulation FD disclosure | EDGAR |
| 2026-09-11 | Director or officer change · Regulation FD disclosure | EDGAR |
| 2026-09-01 | Director or officer change | EDGAR |
| 2026-08-24 | Director or officer change · Regulation FD disclosure | EDGAR |
| 2026-08-06 | Earnings results · Regulation FD disclosure | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|
ETF Holders
55 ETFs hold AMRZ
25 shown · $1.25B total exposure · 0.06% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.05% | $305.9M | — | 2026-09-30 |
| 2 | VXF Vanguard Extended Market ETF | Vanguard | 0.23% | $214.2M | — | 2026-09-30 |
| 3 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.06% | $201.3M | — | 2026-09-30 |
| 4 | PAVE Global X U.S. Infrastructure Development ETF | Global X | 1.47% | $190.8M | — | 2026-11-06 |
| 5 | VAW Vanguard Materials ETF | Vanguard | 1.29% | $58.5M | — | 2026-09-30 |
| 6 | VGK Vanguard FTSE Europe ETF | Vanguard | 0.13% | $49.8M | — | 2026-09-30 |
| 7 | VEU Vanguard FTSE All-World Ex-US ETF | Vanguard | 0.05% | $49.2M | — | 2026-09-30 |
| 8 | IFRA iShares U.S. Infrastructure ETF | iShares (BlackRock) | 0.84% | $32.7M | $3.9B | 2026-11-06 |
| 9 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.03% | $27.9M | $93.2B | 2026-11-06 |
| 10 | VT Vanguard Total World Stock ETF | Vanguard | 0.02% | $17.9M | — | 2026-09-30 |
| 11 | DFIV Dimensional International Value ETF | Dimensional | 0.07% | $16.1M | $22.0B | 2026-11-05 |
| 12 | PKB Invesco Building & Construction ETF | Invesco | 5.54% | $13.7M | — | 2026-11-05 |
| 13 | FMAT Fidelity MSCI Materials Index ETF | Fidelity | 1.45% | $8.7M | $599.2M | 2026-11-05 |
| 14 | DFIC Dimensional International Core Equity 2 ETF | Dimensional | 0.06% | $8.5M | $15.1B | 2026-11-05 |
| 15 | FPAG FPA Global Equity ETF | Nport | 1.48% | $8.0M | — | 2026-06-30 |
| 16 | BSCU Invesco BulletShares 2030 Corporate Bond ETF | Invesco | 0.27% | $7.6M | — | 2026-11-05 |
| 17 | ACWI iShares MSCI ACWI ETF | iShares (BlackRock) | 0.02% | $6.5M | $31.5B | 2026-11-06 |
| 18 | FLV American Century Focused Large Cap Value ETF | Nport | 1.53% | $5.8M | — | 2026-08-31 |
| 19 | BSCS Invesco BulletShares 2028 Corporate Bond ETF | Invesco | 0.16% | $5.6M | — | 2026-11-05 |
| 20 | VSGX Vanguard ESG International Stock ETF | Vanguard | 0.08% | $5.0M | — | 2026-11-05 |
| 21 | GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | Goldman | 0.21% | $4.6M | $2.2B | 2026-11-05 |
| 22 | IGE iShares North American Natural Resources ETF | iShares (BlackRock) | 0.55% | $4.4M | $806.5M | 2026-11-06 |
| 23 | DFAX Dimensional World ex US Core Equity 2 ETF | Dimensional | 0.04% | $4.3M | $11.7B | 2026-11-05 |
| 24 | EUSA iShares MSCI USA Equal Weighted ETF | iShares (BlackRock) | 0.19% | $3.5M | $1.8B | 2026-11-06 |
| 25 | PBUS Invesco MSCI USA ETF | Invesco | 0.03% | $3.4M | — | 2026-11-05 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
19.38
TTM Diluted EPS
$2.23
TTM Revenue
$12.29B
TTM Net Income
$1.23B
TTM Op. Cash Flow
$2.03B
Quarterly figures (6 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $3.77B | $559.00M | $1.02 | $697.00M |
| Q2 '26 | 2026-06-30 | $3.49B | $478.00M | $0.86 | $421.00M |
| Q1 '26 | 2026-03-31 | $2.18B | $-105.00M | $-0.19 | $-896.00M |
| Q4 '25 | 2025-12-31 | $2.84B | $298.00M | $0.54 | $1.80B |
| Q3 '25 | 2025-09-30 | $3.69B | $542.00M | $0.98 | $858.00M |
| Q2 '25 | 2025-06-30 | $3.22B | $417.00M | $0.75 | $415.00M |
Q3 2026 • period ending 2026-09-30 • filed 2026-10-29
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
19.38
P/B
1.86
P/S
1.96
EV/EBITDA
10.46
EV/Sales
2.25
ROE
9.5%
ROA
4.9%
Div Yield
1.60%
FCF Yield
9.12%
Debt/Equity
0.33
Current Ratio
—
Market Cap
$23.93B
as of 2026-11-09
AMRZ vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| GOOGL Alphabet Inc. Class A Common Stock | $3.50T | 15.1 | +22.2% | −8.1% | 47 |
| JCI Johnson Controls International plc | $81.8B | 25.5 | +5.1% | +15.3% | 68 |
| PWR Quanta Services, Inc. | $81.5B | 53.2 | +37.1% | +33.5% | 63 |
| CRH CRH Public Limited Company | $63.1B | 18.5 | +5.6% | −22.6% | 33 |
| MLM Martin Marietta Materials | $36.9B | 12.7 | +9.6% | −16.1% | 59 |
| VMC Vulcan Materials Company(Holding Company | $36.3B | 34.3 | +1.6% | −0.7% | 59 |
| FIX Comfort Systems USA, Inc. | $35.8B | 23.8 | +50.7% | +9.7% | 69 |
| EME EMCOR Group, Inc. | $26.6B | 18.7 | +22.1% | +1.2% | 44 |
| AMRZ Amrize Ltd | $22.3B | 19.4 | +3.7% | −22.1% | 54 |
| Peer median | $50.0B | 21.2 | +15.9% | +0.3% | 59 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
12.60M
SI % of Float
2.37%
Days to Cover
3.82
Short Vol Ratio
45.0%
Free Float
—
Float %
—
Short interest 2026-10-15 • Short volume 2026-11-06