S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
Log in

Abraxas Petroleum Short Interest Ratio and Short Volume

+0.06 (+1.43 %)
(As of 03/5/2021 12:00 AM ET)
Today's Range
Now: $4.25
50-Day Range
MA: $3.43
52-Week Range
Now: $4.25
Volume503,816 shs
Average Volume783,013 shs
Market Capitalization$35.71 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Abraxas Petroleum (NASDAQ:AXAS) Short Interest Data

Current Short Volume559,800 shares
Previous Short Volume612,700 shares
Change Vs. Previous Month:-8.63%
Dollar Volume Sold Short$2.17 million
Short Interest Ratio / Days to Cover0.9
Last Record DateFebruary, 12 2021
Outstanding Shares168,370,000 shares
Float Size8,150,000 shares
Short Percent of Float6.87%
Today's Trading Volume503,816 shares
Average Trading Volume783,013 shares
Today's Volume Vs. Average-35.66%

Short Interest Over Time

Abraxas Petroleum (NASDAQ:AXAS) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/2021559,800 shares $2.17 million -8.6%6.9%0.9 $3.87
1/29/2021612,700 shares $2.59 million -1.0%7.5%1 $4.22
1/15/2021619,100 shares $1.83 million +14.1%7.6%1.3 $2.95
12/31/2020682,100 shares $1.77 million -1.3%8.4%1.2 $2.60
12/15/2020682,100 shares $1.71 million -1.3%8.4%1.2 $2.51
11/30/2020691,300 shares $1.87 million -17.1%8.5%1.3 $2.70
11/15/2020833,700 shares $1.97 million -3.1%10.2%1.7 $2.36
10/30/2020859,900 shares $1.50 million -92.5%10.6%1.7 $1.75
10/15/202011,530,000 shares $18.91 million -2.5%N/A25.9 $1.64
9/30/202011,820,000 shares $1.89 million +18.7%7.3%1.6 $0.16
9/15/20209,960,000 shares $1.39 million -7.4%6.1%1.6 $0.14
8/31/202010,760,000 shares $1.72 million +20.1%6.6%1.6 $0.16
8/14/20208,960,000 shares $1.61 million +5.5%5.5%1.1 $0.18
7/31/20208,490,000 shares $1.44 million -5.6%5.2%1.2 $0.17
7/15/20208,990,000 shares $1.80 million -4.0%5.5%0.7 $0.20
6/30/20209,360,000 shares $2.06 million -27.8%5.8%0.7 $0.22
6/15/202012,960,000 shares $2.98 million -16.6%7.9%1 $0.23
5/29/202015,540,000 shares $4.35 million -2.5%9.5%1.3 $0.28
5/15/202015,930,000 shares $3.03 million +42.9%9.8%1.6 $0.19
4/30/202011,150,000 shares $2.34 million +76.7%6.8%1.2 $0.21
4/15/20206,310,000 shares $1.39 million -10.5%3.9%0.8 $0.22
3/31/20207,050,000 shares $2.33 million +31.7%4.3%2.4 $0.33
3/13/20205,352,000 shares $856,320.00 +22.2%3.3%1.8 $0.16
2/28/20204,380,000 shares $481,800.00 +23.7%2.7%2 $0.11
2/14/20203,540,000 shares $460,200.00 +34.1%2.2%1.8 $0.13

Abraxas Petroleum (NASDAQ:AXAS) Short Interest FAQ

speech bubbles
speech bubbles

What is Abraxas Petroleum's current short interest?

Short interest is the volume of Abraxas Petroleum shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 559,800 shares of AXAS short. 6.87% of Abraxas Petroleum's shares are currently sold short. View details.

What is a good short interest ratio for Abraxas Petroleum?

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. Abraxas Petroleum currently has a short interest ratio of 1.0.

What is a good short interest percentage for Abraxas Petroleum?

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. 6.87% of Abraxas Petroleum's floating shares are currently sold short.

Is Abraxas Petroleum's short interest increasing or decreasing?

Abraxas Petroleum saw a drop in short interest during the month of February. As of February 12th, there was short interest totaling 559,800 shares, a drop of 8.6% from the previous total of 612,700 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 Abraxas Petroleum's float size?

Abraxas Petroleum currently has issued a total of 8,403,000 shares. Some of Abraxas Petroleum'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. Abraxas Petroleum currently has a public float of 8,150,000 shares.

How does Abraxas Petroleum's short interest compare to its competitors?

6.87% of Abraxas Petroleum's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "oil & gas exploration & production" compare to Abraxas Petroleum: ConocoPhillips (0.00%), EOG Resources, Inc. (0.00%), Pioneer Natural Resources (0.00%), Devon Energy Co. (0.00%), Diamondback Energy, Inc. (5.65%), Continental Resources, Inc. (24.53%), Marathon Oil Co. (5.22%), Cabot Oil & Gas Co. (4.92%), Cimarex Energy Co. (3.09%), and EQT Co. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Abraxas Petroleum stock?

Short selling AXAS is an investing strategy that aims to generate trading profit from Abraxas Petroleum as its price is falling. Abraxas Petroleum's stock is trading up $0.06 today. To short Abraxas Petroleum 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 Abraxas Petroleum 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 Abraxas Petroleum?

A short squeeze for Abraxas Petroleum 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 AXAS, which in turn drives the price of the stock up even further.

How often is Abraxas Petroleum'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 AXAS, twice per month. The most recent reporting period available is February, 12 2021.

This page was last updated on 3/7/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.