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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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New Fortress Energy Short Interest Ratio and Short Volume

-1.86 (-3.79 %)
(As of 02/26/2021 12:00 AM ET)
Today's Range
Now: $47.26
50-Day Range
MA: $50.27
52-Week Range
Now: $47.26
Volume330,234 shs
Average Volume509,553 shs
Market Capitalization$8.23 billion
P/E RatioN/A
Dividend Yield0.81%

Short Interest

New Fortress Energy (NASDAQ:NFE) Short Interest Data

Current Short Volume2,120,000 shares
Previous Short Volume1,810,000 shares
Change Vs. Previous Month:+17.13%
Dollar Volume Sold Short$108.06 million
Short Interest Ratio / Days to Cover4.0
Last Record DateJanuary, 29 2021
Outstanding Shares20,840,000 shares
Percentage of Shares Shorted1.22%
Today's Trading Volume330,234 shares
Average Trading Volume509,553 shares
Today's Volume Vs. Average-35.19%

Short Interest Over Time

New Fortress Energy (NASDAQ:NFE) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/29/20212,120,000 shares $108.06 million +17.1%N/A4.1 $50.97
1/15/20211,810,000 shares $80.91 million -26.1%N/A3.3 $44.70
12/31/20201,920,000 shares $111.21 million +6.1%N/A3.9 $57.92
12/15/20201,920,000 shares $104.74 million +6.1%N/A3.9 $54.55
11/30/20201,810,000 shares $93.25 million +0.6%N/A3 $51.52
11/15/20201,800,000 shares $77.60 million -2.2%N/A3.1 $43.11
10/30/20201,840,000 shares $63.96 million +10.2%N/A3.2 $34.76
10/15/20201,670,000 shares $82.10 million -36.3%N/A3.2 $49.16
9/30/20202,620,000 shares $130.71 million +142.6%N/A5.3 $49.89
9/15/20201,080,000 shares $42.02 million -5.3%N/A2.4 $38.91
8/31/20201,140,000 shares $41.62 million +4.6%9.2%4.3 $36.51
8/14/20201,090,000 shares $29.99 million +11.5%8.7%5.5 $27.51
7/31/2020977,400 shares $27.14 million -8.7%N/A5.6 $27.77
7/15/20201,070,000 shares $23.11 million +8.6%25.7%8 $21.60
6/30/2020985,000 shares $19.90 million +3.4%23.7%8.9 $20.20
6/15/2020952,200 shares $12.14 million -16.5%22.9%11.7 $12.75
5/29/20201,140,000 shares $14.10 million -0.9%6.5%11.8 $12.37
5/15/20201,150,000 shares $15.95 million -5.7%6.6%11.5 $13.87
4/30/20201,220,000 shares $16.67 million No Change7.0%11.5 $13.66
4/15/20201,220,000 shares $16.45 million -6.9%7.9%11.3 $13.48
3/31/20201,310,000 shares $16.85 million +14.3%8.5%12.2 $12.86
3/13/20201,146,600 shares $13.64 million +11.3%8.5%5.8 $11.90
2/28/20201,030,000 shares $8.26 million -1.9%7.6%10.9 $8.02
2/14/20201,050,000 shares $12.19 million +15.8%7.1%11.9 $11.61
1/31/2020906,600 shares $14.26 million +11.8%6.1%9.3 $15.73

New Fortress Energy (NASDAQ:NFE) Short Interest FAQ

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What is New Fortress Energy's current short interest?

Short interest is the volume of New Fortress Energy shares that have been sold short but have not yet been closed out or covered. As of January 29th, traders have sold 2,120,000 shares of NFE short.

What is a good short interest ratio for New Fortress Energy?

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. New Fortress Energy currently has a short interest ratio of 4.0.

Is New Fortress Energy's short interest increasing or decreasing?

New Fortress Energy saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 2,120,000 shares, an increase of 17.1% from the previous total of 1,810,000 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.

How does New Fortress Energy's short interest compare to its competitors?

0.00% of New Fortress Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "natural gas distribution" compare to New Fortress Energy: Cheniere Energy Partners, L.P. (3.88%), Cheniere Energy, Inc. (1.45%), Atmos Energy Co. (0.00%), ENAGAS S A/ADR (0.00%), National Fuel Gas (0.00%), Ultrapar Participações S.A. (0.00%), New Jersey Resources Co. (0.00%), ONE Gas, Inc. (3.14%), Spire Inc. (2.06%), and South Jersey Industries, Inc. (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: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short New Fortress Energy stock?

Short selling NFE is an investing strategy that aims to generate trading profit from New Fortress Energy as its price is falling. New Fortress Energy's stock is trading down $1.86 today. To short New Fortress Energy 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 New Fortress Energy 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 New Fortress Energy?

A short squeeze for New Fortress Energy 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 NFE, which in turn drives the price of the stock up even further.

How often is New Fortress Energy'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 NFE, twice per month. The most recent reporting period available is January, 29 2021.

This page was last updated on 2/27/2021 by MarketBeat.com Staff

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