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Northern Oil and Gas (NOG) Short Interest Ratio & Short Volume

Northern Oil and Gas logo
$26.62 -0.28 (-1.06%)
As of 02:06 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Northern Oil and Gas Short Interest Data

Northern Oil and Gas (NOG) has a short interest of 19.15 million shares, representing 19.98% of the float (the number of shares available for trading by the public). This marks a -6.04% decrease in short interest from the previous month. The short interest ratio (days to cover) is 9.8, indicating that it would take 9.8 days of the average trading volume of 1.53 million shares to cover all short positions.

Current Short Interest
19,150,000 shares
Previous Short Interest
20,380,000 shares
Change Vs. Previous Month
-6.04%
Dollar Volume Sold Short
$464.39 million
Short Interest Ratio
9.8 Days to Cover
Last Record Date
April 30, 2025
Outstanding Shares
98,704,000 shares
Float Size
95,830,000 shares
Short Percent of Float
19.98%
Today's Trading Volume
634,224 shares
Average Trading Volume
1,528,819 shares
Today's Volume Vs. Average
41%
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NOG Short Interest Over Time

NOG Days to Cover Over Time

NOG Percentage of Float Shorted Over Time

Northern Oil and Gas Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/30/202519,150,000 shares $464.39 million -6.0%20.0%9.8 $24.25
4/15/202520,380,000 shares $456.61 million +4.0%21.2%10.8 $22.41
3/31/202519,600,000 shares $592.68 million -2.2%20.4%10.7 $30.24
3/15/202520,050,000 shares $589.43 million +21.2%20.8%11.9 $29.40
2/28/202516,550,000 shares $520.75 million +1.5%17.2%10 $31.47
2/15/202516,310,000 shares $572.73 million +5.7%17.8%11.4 $35.12
1/31/202515,430,000 shares $554.43 million +5.9%16.8%11.3 $35.93
1/15/202514,570,000 shares $608.59 million -5.0%15.8%11.2 $41.77
12/31/202415,330,000 shares $569.66 million +4.9%16.6%12.6 $37.16
12/15/202414,610,000 shares $594.77 million +0.8%15.8%11.3 $40.71
11/30/202414,500,000 shares $630.61 million -3.0%15.7%11.9 $43.49
11/15/202414,950,000 shares $605.33 million -4.2%16.2%11.9 $40.49
10/31/202415,600,000 shares $565.50 million -3.8%16.9%12.2 $36.25
10/15/202416,220,000 shares $609.87 million -2.1%17.5%11.6 $37.60
9/30/202416,560,000 shares $586.22 million +4.4%17.9%11.2 $35.40
9/15/202415,860,000 shares $546.22 million +1.8%17.1%10.4 $34.44
8/31/202415,580,000 shares $619.77 million +3.5%16.8%10.5 $39.78
8/15/202415,050,000 shares $594.02 million +8.8%16.2%10.4 $39.47
7/31/202413,830,000 shares $597.32 million +3.1%14.9%9.5 $43.19
7/15/202413,420,000 shares $546.06 million +3.6%14.3%10.1 $40.69
6/30/202412,950,000 shares $481.35 million +9.0%13.8%9.8 $37.17
6/15/202411,880,000 shares $440.15 million +2.2%12.7%9.4 $37.05
5/31/202411,620,000 shares $475.49 million -1.9%12.4%9.5 $40.92
5/15/202411,840,000 shares $476.44 million +11.1%12.6%9.3 $40.24
4/30/202410,660,000 shares $434.82 million +4.5%11.4%8.3 $40.79
4/15/202410,200,000 shares $431.97 million +6.8%10.9%8 $42.35
3/31/20249,550,000 shares $378.94 million +10.0%10.2%7.6 $39.68
3/15/20248,680,000 shares $329.06 million -20.7%9.3%7.1 $37.91
2/29/202410,950,000 shares $391.35 million +2.6%11.7%8 $35.74
2/15/202410,670,000 shares $366.03 million +10.7%11.5%8 $34.31
1/31/20249,640,000 shares $322.75 million +4.7%10.4%7.4 $33.48
1/15/20249,210,000 shares $331.19 million -17.6%9.9%6.9 $35.96
12/31/202311,170,000 shares $414.07 million +27.7%12.0%7.5 $37.07
12/15/20238,750,000 shares $320.64 million +18.4%9.4%5.8 $36.65
11/30/20237,390,000 shares $276.53 million -11.1%7.9%5.1 $37.42
11/15/20238,310,000 shares $305.39 million +4.9%8.9%5.9 $36.75
10/31/20237,920,000 shares $303.65 million -8.0%8.5%5.4 $38.34
10/15/20238,610,000 shares $348.96 million -13.6%9.4%5.7 $40.53
9/30/20239,970,000 shares $401.09 million +13.7%11.6%7.5 $40.23
9/15/20238,770,000 shares $351.94 million +4.7%10.2%6.4 $40.13
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8/31/20238,380,000 shares $350.54 million -13.3%9.8%6.2 $41.83
8/15/20239,660,000 shares $390.75 million -1.7%11.3%6.7 $40.45
7/31/20239,830,000 shares $387.20 million +0.8%12.2%6.3 $39.39
7/15/20239,750,000 shares $336.18 million -8.4%13.2%6.5 $34.48
6/30/202310,640,000 shares $365.27 million +10.7%14.4%7 $34.33
6/15/20239,610,000 shares $319.24 million -9.6%13.0%6.3 $33.22
5/31/202310,630,000 shares $317.84 million -6.4%14.4%6.8 $29.90
5/15/202311,360,000 shares $363.07 million -3.6%15.3%7.4 $31.96
4/30/202311,780,000 shares $390.74 million +3.2%15.9%8.2 $33.17
4/15/202311,420,000 shares $400.39 million -14.0%15.4%6.5 $35.06
3/31/202313,280,000 shares $403.05 million +0.8%18.0%7.5 $30.35
3/15/202313,170,000 shares $351.38 million +30.4%18.1%7.6 $26.68
2/28/202310,100,000 shares $313.50 million +5.9%13.9%6.1 $31.04
2/15/20239,540,000 shares $324.74 million +60.6%14.3%5.7 $34.04
1/31/20235,940,000 shares $199.11 million -4.4%8.9%3.4 $33.52
1/15/20236,210,000 shares $198.97 million -18.2%9.3%4.6 $32.04
12/30/20227,590,000 shares $233.92 million +17.7%11.4%4.6 $30.82
12/15/20226,450,000 shares $210.33 million -6.4%9.7%4.1 $32.61
11/30/20226,890,000 shares $250.73 million +6.5%10.3%4.6 $36.39
11/15/20226,470,000 shares $245.86 million -6.0%9.7%4.5 $38.00
10/31/20226,880,000 shares $234.88 million -27.0%10.2%5.5 $34.14
10/15/20229,420,000 shares $300.12 million +49.5%14.0%7.9 $31.86
9/30/20226,300,000 shares $172.68 million +9.6%9.4%6.7 $27.41
9/15/20225,750,000 shares $187.11 million +3.1%8.5%6.1 $32.54
8/31/20225,580,000 shares $176.55 million +26.5%8.3%5.1 $31.64
8/15/20224,410,000 shares $126.17 million +11.7%6.6%3.7 $28.61
7/31/20223,950,000 shares $113.88 million -14.9%6.0%3.2 $28.83
7/15/20224,640,000 shares $108.44 million -0.2%7.1%3.7 $23.37
6/30/20224,650,000 shares $0.00 -39.0%7.1%3.8 $0.00
6/15/20227,620,000 shares $0.00 -3.9%11.6%6.3 $0.00
5/31/20227,930,000 shares $0.00 +3.1%12.2%7.1 $0.00
5/15/20227,690,000 shares $0.00 +2.1%11.8%6.6 $0.00
4/30/20227,530,000 shares $0.00 +1.6%11.6%6.3 $0.00
4/15/20227,410,000 shares $0.00 -4.3%11.4%6.1 $0.00
3/31/20227,740,000 shares $0.00 -10.2%11.9%6.3 $0.00
3/15/20228,620,000 shares $0.00 -7.5%13.3%7.4 $0.00
2/28/20229,320,000 shares $0.00 -1.1%14.4%8.4 $0.00
2/15/20229,420,000 shares $0.00 +8.8%14.7%9 $0.00
1/31/20228,660,000 shares $0.00 -0.5%13.5%7.7 $0.00
1/15/20228,700,000 shares $0.00 -4.4%15.8%8.4 $0.00
12/31/20219,100,000 shares $0.00 +2.6%16.6%8.7 $0.00
12/15/20218,870,000 shares $0.00 -4.8%16.0%7.8 $0.00
11/30/20219,320,000 shares $0.00 +10.6%16.8%8.7 $0.00
11/15/20218,430,000 shares $0.00 -5.3%15.9%8.7 $0.00
10/29/20218,900,000 shares $206.12 million +34.9%16.8%11.2 $23.16
10/15/20216,600,000 shares $0.00 +9.5%12.5%8.4 $0.00
9/30/20216,030,000 shares $0.00 +18.7%11.4%7.6 $0.00
9/15/20215,080,000 shares $0.00 +1.0%9.6%6.1 $0.00
8/31/20215,030,000 shares $0.00 +3.3%9.5%5.5 $0.00
8/13/20214,870,000 shares $0.00 No Change9.2%5.2 $0.00
July 2025 Rule Change to Impact Retirement Investors (Ad)

There's a massive change from a new rule going into effect this July. And it's one the Big Banks are already using to their advantage… It allows them to treat this new asset like actual cash.

Yes, Send Me My FREE Retirement Guide
7/15/20214,910,000 shares $0.00 -26.2%9.2%4.7 $0.00
6/30/20216,650,000 shares $0.00 +53.6%12.7%6.7 $0.00
6/15/20214,330,000 shares $0.00 -11.1%8.3%4.8 $0.00
5/28/20214,870,000 shares $0.00 +2.3%10.1%5.4 $0.00
5/14/20214,760,000 shares $0.00 +16.1%9.8%4.6 $0.00
4/30/20214,100,000 shares $0.00 +4.9%8.5%3.5 $0.00
4/15/20213,910,000 shares $58.10 million -12.1%8.1%3.2 $14.86
3/31/20214,450,000 shares $55.85 million +19.6%9.4%3.3 $12.55
3/15/20213,720,000 shares $44.19 million +4.5%7.8%2.7 $11.88
2/26/20213,560,000 shares $44.86 million +4.4%8.2%2.5 $12.60
2/12/20213,410,000 shares $46.14 million -10.7%7.5%2.4 $13.53
1/29/20213,820,000 shares $55.58 million -20.8%11.0%2.9 $14.55
1/15/20214,820,000 shares $57.89 million -6.8%13.8%3.8 $12.01
12/31/20205,170,000 shares $46.01 million +17.8%14.8%4.1 $8.90
12/15/20204,390,000 shares $36.88 million +1.2%12.8%3.7 $8.40
11/30/20204,340,000 shares $30.03 million +7.4%12.7%4.1 $6.92
11/15/20204,040,000 shares $19.03 million +1.8%11.9%4.4 $4.71
10/30/20203,970,000 shares $14.97 million +0.3%11.7%5 $3.77
10/15/20203,960,000 shares $20.67 million -3.4%11.6%6 $5.22
9/30/20204,100,000 shares $23.53 million -89.5%12.1%7.6 $5.74
9/15/202039,190,000 shares $21.33 million -3.7%N/A67.9 $0.54
8/31/202040,690,000 shares $27.61 million +21.9%13.3%6.6 $0.68
8/14/202033,380,000 shares $27.29 million +10.5%10.9%4.9 $0.82
7/31/202030,200,000 shares $24.21 million -4.8%9.9%4.4 $0.80
7/15/202031,730,000 shares $23.79 million -7.0%10.4%4.7 $0.75
6/30/202034,130,000 shares $28.56 million -26.8%11.5%4.9 $0.84
6/15/202046,640,000 shares $52.24 million +35.0%18.2%7.7 $1.12
5/29/202034,550,000 shares $27.80 million -14.6%13.5%5.7 $0.80

NOG Short Interest - Frequently Asked Questions

What is Northern Oil and Gas' current short interest?

Short interest is the volume of Northern Oil and Gas shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 19,150,000 shares of NOG short. 19.98% of Northern Oil and Gas' shares are currently sold short. Learn More on Northern Oil and Gas' current short interest.

What is a good short interest ratio for Northern Oil and Gas?

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. NOG shares currently have a short interest ratio of 10.0. Learn More on Northern Oil and Gas's short interest ratio.

Which institutional investors are shorting Northern Oil and Gas?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Northern Oil and Gas: Goldman Sachs Group Inc., Millennium Management LLC, Cubist Systematic Strategies LLC, PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Northern Oil and Gas?

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. 19.98% of Northern Oil and Gas' floating shares are currently sold short.

Is Northern Oil and Gas' short interest increasing or decreasing?

Northern Oil and Gas saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 19,150,000 shares, a decrease of 6.0% from the previous total of 20,380,000 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 Northern Oil and Gas' float size?

Northern Oil and Gas currently has issued a total of 98,704,000 shares. Some of Northern Oil and Gas' 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. Northern Oil and Gas currently has a public float of 95,830,000 shares.

How does Northern Oil and Gas' short interest compare to its competitors?

19.98% of Northern Oil and Gas' shares are currently sold short. Here is how the short interest of companies in the industry of "petroleum and natural gas" compare to Northern Oil and Gas: Permian Resources Co. (6.35%), Ovintiv Inc. (3.45%), Viper Energy, Inc. (2.92%), Sunoco LP (1.07%), Hess Midstream LP (2.63%), APA Co. (10.41%), Chord Energy Co. (4.01%), Vista Energy, S.A.B. de C.V. (2.05%), Magnolia Oil & Gas Co. (14.33%), Valvoline Inc. (5.57%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Spotify Technology S.A. ($4.67 billion), Charter Communications, Inc. ($4.58 billion), Capital One Financial Co. ($4.47 billion), The Kroger Co. ($2.56 billion), Reddit, Inc. ($2.23 billion), Rivian Automotive, Inc. ($2.16 billion), Live Nation Entertainment, Inc. ($1.90 billion), SoFi Technologies, Inc. ($1.85 billion), Zscaler, Inc. ($1.75 billion), and Omnicom Group Inc. ($1.75 billion). View all of the most shorted stocks.

What does it mean to sell short Northern Oil and Gas stock?

Short selling NOG is an investing strategy that aims to generate trading profit from Northern Oil and Gas as its price is falling. NOG shares are trading down $0.28 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.

How does a short squeeze work against Northern Oil and Gas?

A short squeeze for Northern Oil and Gas 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 NOG, which in turn drives the price of the stock up even further.

How often is Northern Oil and Gas' 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 NOG, twice per month. The most recent reporting period available is April, 30 2025.




This page (NYSE:NOG) was last updated on 5/22/2025 by MarketBeat.com Staff
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