Loncor Gold (LONCF) Short Interest Ratio & Short Volume

Short interest is the volume of Loncor Gold shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 200 shares of LONCF short. Learn More on Loncor Gold's current short interest.

Loncor Gold saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 200 shares, a drop of 91.7% from the previous total of 2,400 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.

Here is how the short interest of companies in the sector of "basic materials" compare to Loncor Gold: Gold Resource Co. (0.20%), Fury Gold Mines Limited (0.26%), Timberline Resources Co. (0.22%), Solitario Resources Corp. (0.01%), U.S. GoldMining Inc. (0.19%), Integra Resources Corp. (0.35%), Canadian Critical Minerals Inc. (0.00%), NextSource Materials Inc. (0.04%), Hycroft Mining Holding Co. (8.72%), Trilogy Metals Inc. (0.11%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling LONCF is an investing strategy that aims to generate trading profit from Loncor Gold 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.

A short squeeze for Loncor Gold 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 LONCF, which in turn drives the price of the stock up even further.

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