Short interest climbed 6.9% in the final trading session before AZZ's earnings call tonight. The industrial company's stock jumped 8.7% yesterday, continuing a strong 19% rally over the past month.
Short interest stands at 2.76% of free float, representing 828,910 shares.
That marks a 6.9% increase in just one day, and a 6.4% rise over the past week. Month-over-month, short interest has declined 2.7%.
Days to cover remains at 4.0 based on the latest exchange filing. The ORTEX short score sits at 37.7, up from 36.5 the prior session.
This is not the first time shorts have added into a pre-earnings rally. A similar pattern emerged ahead of the January 9 print.
The put/call ratio registered 0.22 on yesterday's session. That sits above the 20-day mean of 0.18.
The z-score of 0.94 suggests slightly elevated put activity relative to recent norms, though options positioning remains call-dominated.
PCR has tracked in a tight band between 0.22 and 0.13 over the past two weeks, with a brief spike to 0.15 in mid-March. Call flow has been consistent.
No recent analyst rating changes or target price adjustments are available in the snapshot. Coverage metrics including consensus rating and target range are not disclosed.
The stock has reported earnings three times since January. The most recent event on April 22 occurred after market close.
No price reaction data is available for that print. Prior events showed announcements clustered around late afternoon or evening hours.
The January 9 call followed a period of higher short interest, with utilisation peaking near 4.3% in mid-December before declining into the event.
No active ORTEX Alpha signals are currently triggered for AZZ.
The ORTEX combined score sits at 37.7, unchanged from the short-specific score.
See the live data behind this article on ORTEX.
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