FLEX LNG (FLNG) Short Interest Ratio & Short Volume

Short interest is the volume of FLEX LNG shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 1,390,000 shares of FLNG short. 4.60% of FLEX LNG's shares are currently sold short. Learn More on FLEX LNG'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. FLNG shares currently have a short interest ratio of 4.0. Learn More on FLEX LNG's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of FLEX LNG: Simplex Trading LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 4.60% of FLEX LNG's floating shares are currently sold short.

FLEX LNG saw a decline in short interest in April. As of April 15th, there was short interest totaling 1,390,000 shares, a decline of 0.7% from the previous total of 1,400,000 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.

FLEX LNG currently has issued a total of 53,210,000 shares. Some of FLEX LNG'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. FLEX LNG currently has a public float of 30,240,000 shares.

4.60% of FLEX LNG's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to FLEX LNG: Dynagas LNG Partners LP (0.03%), Euronav NV (10.39%), Grindrod Shipping Holdings Ltd. (0.54%), Okeanis Eco Tankers Corp. (0.86%), United Maritime Co. (1.48%), EuroDry Ltd. (0.02%), Odyssey Marine Exploration, Inc. (6.96%), KNOT Offshore Partners LP (0.10%), Cool Company Ltd. (0.86%), Nordic American Tankers Limited (4.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling FLNG is an investing strategy that aims to generate trading profit from FLEX LNG as its price is falling. FLNG shares are trading up $0.21 today. 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 FLEX LNG 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 FLNG, 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 FLNG, twice per month. The most recent reporting period available is April, 15 2024.