New Gold (NGD) Short Interest Ratio & Short Volume

Short interest is the volume of New Gold shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 14,270,000 shares of NGD short. 1.89% of New Gold's shares are currently sold short. Learn More on New Gold'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. NGD shares currently have a short interest ratio of 1.0. Learn More on New Gold's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of New Gold: Jane Street Group LLC, and Jane Street Group 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. 1.89% of New Gold's floating shares are currently sold short.

New Gold saw a decrease in short interest in May. As of May 15th, there was short interest totaling 14,270,000 shares, a decrease of 1.2% from the previous total of 14,440,000 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.

New Gold currently has issued a total of 791,429,000 shares. Some of New Gold'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. New Gold currently has a public float of 753,860,000 shares.

1.89% of New Gold's shares are currently sold short. Here is how the short interest of companies in the industry of "non-metallic and industrial metal mining" compare to New Gold: Summit Materials, Inc. (3.99%), Sociedad Química y Minera de Chile S.A. (2.88%), Knife River Co. (4.87%), Hudbay Minerals Inc. (2.05%), NexGen Energy Ltd. (15.13%), MP Materials Corp. (22.51%), Centrus Energy Corp. (16.52%), Atlas Energy Solutions Inc. (21.47%), Ero Copper Corp. (4.26%), TMC the metals company Inc. (9.63%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

Short selling NGD is an investing strategy that aims to generate trading profit from New Gold as its price is falling. NGD shares are trading up $0.02 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 New Gold 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 NGD, 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 NGD, twice per month. The most recent reporting period available is May, 15 2025.