Watsco Short Interest Drops 12.4% in February

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Watsco, Inc. (NYSE:WSO), a major distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment, saw a 12.4% decrease in short interest on its stock during the month of February. As of February 27th, there were 3,081,118 shares sold short, down from 3,517,021 shares on February 12th. The short-interest ratio currently stands at 7.8 days based on the company's average daily trading volume.

Why it matters

The drop in short interest on Watsco's stock suggests that investors are becoming more bullish on the company's prospects, potentially indicating confidence in the HVAC/R industry and Watsco's market position as a leading distributor. Short interest can be an indicator of investor sentiment, and a decline often signals that fewer traders are betting against the company's performance.

The details

Watsco, Inc. is the largest distributor of HVAC/R equipment, parts and supplies in the United States. The company operates a network of over 600 branches across the U.S., Canada and Puerto Rico, serving residential and commercial contractors. The decrease in short interest on Watsco's stock comes as the company reported fourth-quarter earnings that missed analyst expectations in February.

• As of February 27th, 2026, Watsco had 3,081,118 shares sold short.
• On February 12th, 2026, Watsco had 3,517,021 shares sold short.