Sabine Royalty Trust (SBR) Short Interest Ratio & Short Volume

Short interest is the volume of Sabine Royalty Trust shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 23,500 shares of SBR short. 0.17% of Sabine Royalty Trust's shares are currently sold short. Learn More on Sabine Royalty Trust's current short interest.

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. SBR shares currently have a short interest ratio of 1.0. Learn More on Sabine Royalty Trust's short interest ratio.

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. 0.17% of Sabine Royalty Trust's floating shares are currently sold short.

Sabine Royalty Trust saw a increase in short interest in April. As of April 15th, there was short interest totaling 23,500 shares, an increase of 22.4% from the previous total of 19,200 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.

Sabine Royalty Trust currently has issued a total of 14,580,000 shares. Some of Sabine Royalty Trust'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. Sabine Royalty Trust currently has a public float of 13,970,000 shares.

0.17% of Sabine Royalty Trust's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Sabine Royalty Trust: Permian Basin Royalty Trust (0.35%), ProPetro Holding Corp. (4.80%), SunCoke Energy, Inc. (3.97%), Borr Drilling Limited (3.48%), Canadian Solar Inc. (12.95%), CrossAmerica Partners LP (0.34%), Granite Ridge Resources, Inc. (2.93%), Precision Drilling Co. (2.85%), REX American Resources Co. (2.55%), Enovix Co. (30.55%),

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 SBR is an investing strategy that aims to generate trading profit from Sabine Royalty Trust as its price is falling. SBR shares are trading up $0.18 today. 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 Sabine Royalty Trust 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 SBR, 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 SBR, twice per month. The most recent reporting period available is April, 15 2024.