Bonanza Creek Energy (BCEI) Short Interest Ratio & Short Volume

Short interest is the volume of Bonanza Creek Energy shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 4,740,000 shares of BCEI short. 15.60% of Bonanza Creek Energy's shares are currently sold short. Learn More on Bonanza Creek Energy'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. BCEI shares currently have a short interest ratio of 8.0. Learn More on Bonanza Creek Energy'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. 15.60% of Bonanza Creek Energy's floating shares are currently sold short.

Bonanza Creek Energy saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,740,000 shares, an increase of 20.6% from the previous total of 3,930,000 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.

Bonanza Creek Energy currently has issued a total of 30,849,000 shares. Some of Bonanza Creek Energy'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. Bonanza Creek Energy currently has a public float of 30,390,000 shares.

15.60% of Bonanza Creek Energy's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Bonanza Creek Energy: Comstock Resources, Inc. (37.19%), SilverBow Resources, Inc. (6.39%), Berry Co. (6.70%), Kosmos Energy Ltd. (8.36%), SandRidge Energy, Inc. (3.02%), SM Energy (10.06%), Vermilion Energy Inc. (4.96%), Par Pacific Holdings, Inc. (5.62%), Kimbell Royalty Partners, LP (1.52%), Vital Energy, Inc. (39.76%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.75 billion), S&P Global Inc. ($7.73 billion), Charter Communications, Inc. ($5.40 billion), Snowflake Inc. ($4.50 billion), Canadian Pacific Kansas City Limited ($4.39 billion), Uber Technologies, Inc. ($4.21 billion), Wayfair Inc. ($4.15 billion), Palo Alto Networks, Inc. ($3.27 billion), Teladoc Health, Inc. ($2.78 billion), and DoorDash, Inc. ($2.62 billion). View all of the most shorted stocks.

Short selling BCEI is an investing strategy that aims to generate trading profit from Bonanza Creek Energy 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 Bonanza Creek Energy occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of BCEI, 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 BCEI, twice per month. The most recent reporting period available is October, 15 2021.