CNOOC (CEO) Short Interest Ratio & Short Volume

Short interest is the volume of CNOOC shares that have been sold short but have not yet been closed out or covered. As of February 12th, investors have sold 49,900 shares of CEO short. Learn More on CNOOC's current short interest.

CNOOC saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 49,900 shares, a decrease of 66.4% from the previous total of 148,700 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.

Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to CNOOC: Shell plc (0.25%), TotalEnergies SE (0.29%), Petróleo Brasileiro S.A. - Petrobras (0.46%), EOG Resources, Inc. (2.88%), Canadian Natural Resources Limited (3.03%), Eni S.p.A. (0.04%), Diamondback Energy, Inc. (2.00%), Occidental Petroleum Co. (3.82%), EQT Co. (2.87%), Woodside Energy Group Ltd (0.11%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.62 billion), Charter Communications, Inc. ($5.35 billion), Analog Devices, Inc. ($5.07 billion), Snap Inc. ($3.60 billion), Futu Holdings Limited ($2.92 billion), Palantir Technologies Inc. ($2.55 billion), Airbnb, Inc. ($2.52 billion), Snowflake Inc. ($2.38 billion), Peloton Interactive, Inc. ($2.34 billion), and The Kroger Co. ($2.07 billion). View all of the most shorted stocks.

Short selling CEO is an investing strategy that aims to generate trading profit from CNOOC 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 CNOOC 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 CEO, 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 CEO, twice per month. The most recent reporting period available is February, 12 2021.