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
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
Log in

Borr Drilling Short Interest Ratio and Short Volume

+0.02 (+1.65 %)
(As of 02/26/2021 12:00 AM ET)
Today's Range
Now: $1.23
50-Day Range
MA: $1.07
52-Week Range
Now: $1.23
Volume7.15 million shs
Average Volume7.06 million shs
Market Capitalization$135.38 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Borr Drilling (NYSE:BORR) Short Interest Data

Current Short Volume1,790,000 shares
Previous Short Volume1,690,000 shares
Change Vs. Previous Month:+5.92%
Dollar Volume Sold Short$2.20 million
Short Interest Ratio / Days to Cover0.0
Last Record DateFebruary, 12 2021
Outstanding Shares110,068,000 shares
Float Size244,190,000 shares
Short Percent of Float0.73%
Today's Trading Volume7,151,709 shares
Average Trading Volume7,056,706 shares
Today's Volume Vs. Average1.35%

Short Interest Over Time

Borr Drilling (NYSE:BORR) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20211,790,000 shares $2.20 million +5.9%0.7%0.3 $1.23
1/29/20211,690,000 shares $2.21 million +10.5%0.7%0.3 $1.31
1/15/20211,530,000 shares $1.42 million -14.5%0.8%0.3 $0.93
12/31/20201,750,000 shares $1.63 million -7.9%0.9%0.4 $0.93
12/15/20201,750,000 shares $1.58 million -7.9%0.9%0.4 $0.90
11/30/20201,900,000 shares $1.98 million -31.7%1.1%0.5 $1.04
11/15/20202,780,000 shares $2.11 million +33.0%1.5%1 $0.76
10/30/20202,090,000 shares $1.21 million +7.2%1.2%1 $0.58
10/15/20201,950,000 shares $819,000.00 +14.0%1.1%1.2 $0.42
9/30/20201,710,000 shares $855,000.00 -10.9%1.0%1 $0.50
9/15/20201,920,000 shares $1.29 million +11.0%1.5%1.2 $0.67

Borr Drilling (NYSE:BORR) Short Interest FAQ

speech bubbles
speech bubbles

What is Borr Drilling's current short interest?

Short interest is the volume of Borr Drilling shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 1,790,000 shares of BORR short. 0.73% of Borr Drilling's shares are currently sold short. View details.

What is a good short interest percentage for Borr Drilling?

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. 0.73% of Borr Drilling's floating shares are currently sold short.

Is Borr Drilling's short interest increasing or decreasing?

Borr Drilling saw a increase in short interest in the month of February. As of February 12th, there was short interest totaling 1,790,000 shares, an increase of 5.9% from the previous total of 1,690,000 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.

What is Borr Drilling's float size?

Borr Drilling currently has issued a total of 110,068,000 shares. Some of Borr Drilling'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. Borr Drilling currently has a public float of 244,190,000 shares.

How does Borr Drilling's short interest compare to its competitors?

0.73% of Borr Drilling's shares are currently sold short. Here is how the short interest of companies in the industry of "drilling oil & gas wells" compare to Borr Drilling: Precision Drilling Co. (1.74%), Independence Contract Drilling, Inc. (3.16%), Western Energy Services Corp. (0.00%), Seadrill Limited (0.00%), Diamond Offshore Drilling, Inc. (0.00%), InPlay Oil Corp. (0.00%), Petroteq Energy Inc. (0.00%), Valaris plc (0.00%), Sauer Energy, Inc. (0.00%), and Parker Drilling (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 Borr Drilling stock?

Short selling BORR is an investing strategy that aims to generate trading profit from Borr Drilling as its price is falling. Borr Drilling's stock is trading up $0.02 today. To short Borr Drilling 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 Borr Drilling 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 Borr Drilling?

A short squeeze for Borr Drilling 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 BORR, which in turn drives the price of the stock up even further.

How often is Borr Drilling'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 BORR, twice per month. The most recent reporting period available is February, 12 2021.

This page was last updated on 2/28/2021 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.