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Independence Contract Drilling (ICD) Short Interest Ratio & Short Volume

$1.42
0.00 (0.00%)
(As of 04:10 PM ET)

Independence Contract Drilling Short Interest Data

Current Short Interest
556,700 shares
Previous Short Interest
533,500 shares
Change Vs. Previous Month
+4.35%
Dollar Volume Sold Short
$784,947.00
Short Interest Ratio
8.1 Days to Cover
Last Record Date
May 15, 2024
Outstanding Shares
15,210,000 shares
Float Size
13,130,000 shares
Short Percent of Float
4.24%
Today's Trading Volume
42,800 shares
Average Trading Volume
60,449 shares
Today's Volume Vs. Average
71%
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ICD Short Interest Over Time

ICD Days to Cover Over Time

ICD Percentage of Float Shorted Over Time

Independence Contract Drilling Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/2024556,700 shares $784,947.00 +4.4%4.2%8.1 $1.41
4/30/2024533,500 shares $986,975.00 -2.0%4.1%8 $1.85
4/15/2024544,200 shares $1.08 million -2.7%4.2%7.9 $1.98
3/31/2024559,500 shares $1.04 million +2.0%4.4%8.3 $1.86
3/15/2024548,300 shares $926,627.00 +2.0%4.3%8.4 $1.69
2/29/2024537,500 shares $956,750.00 -1.7%4.2%8.8 $1.78
2/15/2024546,900 shares $1.07 million +1.7%4.4%11 $1.95
1/31/2024538,000 shares $1.15 million +0.7%4.3%10.8 $2.14
1/15/2024534,300 shares $1.12 million -0.3%4.2%9.6 $2.09
12/31/2023536,000 shares $1.31 million -1.5%4.2%9.9 $2.45
12/15/2023544,200 shares $1.32 million +0.2%4.2%10 $2.42
11/30/2023543,400 shares $1.32 million +0.7%4.2%9.6 $2.42
11/15/2023539,900 shares $1.24 million -1.0%4.2%9.2 $2.29
10/31/2023545,200 shares $1.45 million -2.7%4.2%7.7 $2.66
10/15/2023560,500 shares $1.64 million +4.5%4.3%8.6 $2.93
9/30/2023536,200 shares $1.61 million +5.0%4.1%7.9 $3.00
9/15/2023510,800 shares $1.56 million +1.6%3.9%7.6 $3.06
8/31/2023502,900 shares $1.44 million -3.8%3.9%6.9 $2.86
8/15/2023522,900 shares $1.50 million +1.4%4.0%7.4 $2.86
7/31/2023515,600 shares $1.64 million +3.2%4.0%8 $3.19
7/15/2023499,600 shares $1.39 million -1.9%3.9%7 $2.78
6/30/2023509,000 shares $1.39 million -3.2%3.9%6.9 $2.73
6/15/2023525,800 shares $1.44 million -4.2%4.1%6.6 $2.73
5/31/2023549,100 shares $1.50 million +4.8%4.3%5.6 $2.73
5/15/2023524,000 shares $1.51 million -0.5%4.1%4.6 $2.88
4/30/2023526,500 shares $1.61 million +6.4%4.2%3.9 $3.06
4/15/2023494,700 shares $1.56 million -6.2%4.0%3.5 $3.16
3/31/2023527,600 shares $1.72 million +3.3%4.2%3.1 $3.26
3/15/2023510,900 shares $1.56 million -2.6%4.1%2.8 $3.05
2/28/2023524,700 shares $1.99 million +1.2%4.1%3.1 $3.80
2/15/2023518,600 shares $2.05 million -8.0%4.1%3.2 $3.95
1/31/2023563,700 shares $2.47 million -4.8%4.4%3 $4.39
1/15/2023591,900 shares $2.70 million -4.8%4.6%3.3 $4.56
12/30/2022621,900 shares $2.03 million +2.0%4.9%4.1 $3.27
12/15/2022609,800 shares $1.86 million +11.4%5.0%4.2 $3.05
11/30/2022547,200 shares $2.16 million +8.6%4.5%4.1 $3.94
11/15/2022504,100 shares $2.04 million -0.7%4.2%3.6 $4.05
10/31/2022507,800 shares $2.19 million -3.5%4.3%4.4 $4.31
10/15/2022526,400 shares $1.62 million -9.8%4.5%6 $3.08
9/30/2022583,600 shares $1.75 million +8.9%5.0%6.3 $3.00
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9/15/2022535,900 shares $1.66 million +0.9%4.6%5.7 $3.10
8/31/2022530,900 shares $1.70 million -3.0%4.6%5.5 $3.20
8/15/2022547,100 shares $1.88 million -12.5%4.8%5.6 $3.44
7/31/2022625,400 shares $2.21 million +10.9%5.6%5.4 $3.53
7/15/2022564,000 shares $1.64 million +2.8%5.0%4.5 $2.91
6/30/2022548,500 shares $1.72 million +0.5%4.9%3.7 $3.13
6/15/2022546,000 shares $1.91 million +11.0%4.9%3.2 $3.49
5/31/2022492,000 shares $1.91 million -9.4%4.4%1.7 $3.89
5/15/2022543,100 shares $1.95 million +8.0%4.8%1.6 $3.59
4/30/2022502,800 shares $2.07 million -0.9%4.7%1.4 $4.12
4/15/2022507,300 shares $2.33 million +15.4%4.7%1.3 $4.60
3/31/2022439,500 shares $1.82 million -15.3%4.3%1.2 $4.13
3/15/2022518,700 shares $2.06 million +25.9%6.1%1.5 $3.97
2/28/2022411,900 shares $1.58 million -4.0%5.7%1.4 $3.83
2/15/2022429,100 shares $1.61 million +16.3%6.0%2.4 $3.75
1/31/2022369,100 shares $1.23 million -10.0%5.1%2.2 $3.32
1/15/2022410,000 shares $1.73 million -10.5%7.3%2.5 $4.22
12/31/2021458,300 shares $1.37 million +3.3%8.1%1.8 $3.00
12/15/2021443,500 shares $1.27 million +7.4%7.7%1.4 $2.87
11/30/2021412,800 shares $1.25 million +39.6%6.9%1.3 $3.04
11/15/2021295,800 shares $1.06 million +57.8%5.3%1 $3.59
10/29/2021187,500 shares $738,750.00 -20.8%3.4%0.7 $3.94
10/15/2021236,800 shares $1.08 million +77.9%4.2%0.9 $4.56
9/30/2021133,100 shares $399,300.00 -3.4%1.9%0.8 $3.00
9/15/2021137,800 shares $376,194.00 -10.4%2.0%1.3 $2.73
8/31/2021153,800 shares $481,394.00 -21.1%2.2%1.4 $3.13
8/13/2021194,900 shares $590,547.00 No ChangeN/A0 $3.03
7/15/2021189,200 shares $650,848.00 +9.2%3.0%1 $3.44
6/30/2021173,200 shares $743,028.00 -2.8%2.7%0.9 $4.29
6/15/2021178,200 shares $832,194.00 -60.0%2.8%0.9 $4.67
5/28/2021444,900 shares $1.55 million +4.3%7.0%2.2 $3.49
5/14/2021426,600 shares $1.33 million +12.6%6.7%2.3 $3.12
4/30/2021379,000 shares $1.43 million +36.8%6.0%1.5 $3.78
4/15/2021277,000 shares $969,500.00 +69.4%4.6%0.9 $3.50
3/31/2021163,500 shares $542,820.00 +102.4%2.7%0.5 $3.32
3/15/202180,800 shares $407,232.00 -51.4%1.3%0.3 $5.04
2/26/2021166,400 shares $1.09 million -12.1%2.8%0.5 $6.58
2/12/2021189,400 shares $943,212.00 +70.2%3.2%0.5 $4.98
1/29/2021111,300 shares $487,494.00 -9.2%1.9%0.4 $4.38
1/15/2021122,600 shares $511,242.00 +58.4%2.1%0.5 $4.17
12/31/202077,400 shares $232,200.00 -24.3%1.3%0.2 $3.00
12/15/2020102,200 shares $356,678.00 +44.4%1.8%0.2 $3.49
11/30/202070,800 shares $239,304.00 -6.6%1.2%0.2 $3.38
11/15/202075,800 shares $190,258.00 -10.8%1.3%0.2 $2.51
10/30/202085,000 shares $197,200.00 -25.8%1.8%0.2 $2.32
10/15/2020114,500 shares $309,150.00 +37.1%2.4%0.2 $2.70
9/30/202083,500 shares $203,740.00 -32.6%1.7%0.2 $2.44
9/15/2020123,900 shares $301,077.00 +39.1%2.6%0.3 $2.43
8/31/202089,100 shares $247,698.00 -14.1%1.8%0.2 $2.78
8/14/2020103,700 shares $312,137.00 -14.2%2.2%0.3 $3.01
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7/31/2020120,800 shares $404,680.00 -42.6%2.6%0.4 $3.35
7/15/2020210,300 shares $763,389.00 +117.9%6.1%0.6 $3.63
6/30/202096,500 shares $361,875.00 -47.0%2.8%0.1 $3.75
6/15/2020182,000 shares $891,800.00 +4.5%5.3%0.1 $4.90
5/29/2020174,100 shares $1.08 million -41.2%5.0%0.1 $6.18
5/15/2020296,000 shares $1.68 million -31.9%8.6%0.2 $5.68
4/30/2020434,400 shares $3.38 million -50.2%12.6%0.4 $7.79
4/15/2020872,200 shares $7.79 million +310.5%25.1%0.8 $8.93
3/31/2020212,500 shares $1.58 million +349.3%6.5%3.6 $7.42
3/13/202047,300 shares $295,625.00 -95.8%1.4%0.2 $6.25
2/28/20201,120,000 shares $1.42 million +4.7%1.7%4.9 $1.27
2/14/20201,070,000 shares $321,000.00 +32.1%1.7%5.6 $0.30
1/31/2020810,000 shares $348,300.00 -6.7%1.3%4.2 $0.43
1/15/2020868,100 shares $512,179.00 -2.3%1.3%3.6 $0.59
12/31/2019888,800 shares $702,152.00 -12.9%1.4%3.2 $0.79

ICD Short Interest - Frequently Asked Questions

What is Independence Contract Drilling's current short interest?

Short interest is the volume of Independence Contract Drilling shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 556,700 shares of ICD short. 4.24% of Independence Contract Drilling's shares are currently sold short. Learn More on Independence Contract Drilling's current short interest.

What is a good short interest ratio for Independence Contract Drilling?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. ICD shares currently have a short interest ratio of 8.0. Learn More on Independence Contract Drilling's short interest ratio.

What is a good short interest percentage for Independence Contract Drilling?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 4.24% of Independence Contract Drilling's floating shares are currently sold short.

Is Independence Contract Drilling's short interest increasing or decreasing?

Independence Contract Drilling saw a increase in short interest in May. As of May 15th, there was short interest totaling 556,700 shares, an increase of 4.3% from the previous total of 533,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Independence Contract Drilling's float size?

Independence Contract Drilling currently has issued a total of 15,210,000 shares. Some of Independence Contract Drilling's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Independence Contract Drilling currently has a public float of 13,130,000 shares.

How does Independence Contract Drilling's short interest compare to its competitors?

4.24% of Independence Contract Drilling's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Independence Contract Drilling: noco-noco Inc. (0.21%), Sunrise New Energy Co., Ltd. (0.13%), Alternus Clean Energy Inc (6.58%), Eco Wave Power Global AB (publ) (0.62%), U.S. Energy Corp. (0.07%), Snow Lake Resources Ltd. (0.07%), Pineapple Energy Inc. (3.54%), Global Gas Co. (4.31%), VivoPower International PLC (2.79%), Marine Petroleum Trust (0.16%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

What does it mean to sell short Independence Contract Drilling stock?

Short selling ICD is an investing strategy that aims to generate trading profit from Independence Contract Drilling as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Independence Contract Drilling?

A short squeeze for Independence Contract Drilling occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ICD, which in turn drives the price of the stock up even further.

How often is Independence Contract Drilling's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ICD, twice per month. The most recent reporting period available is May, 15 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:ICD) was last updated on 5/28/2024 by MarketBeat.com Staff

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