S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NOV Short Interest Ratio and Short Volume

+1.87 (+12.13 %)
(As of 03/5/2021 12:00 AM ET)
Today's Range
Now: $17.29
50-Day Range
MA: $13.98
52-Week Range
Now: $17.29
Volume12.80 million shs
Average Volume5.33 million shs
Market Capitalization$6.71 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

NOV (NYSE:NOV) Short Interest Data

Current Short Volume16,810,000 shares
Previous Short Volume15,840,000 shares
Change Vs. Previous Month:+6.12%
Dollar Volume Sold Short$253.83 million
Short Interest Ratio / Days to Cover3.0
Last Record DateFebruary, 12 2021
Outstanding Shares385,900,000 shares
Percentage of Shares Shorted4.33%
Today's Trading Volume12,804,419 shares
Average Trading Volume5,333,837 shares
Today's Volume Vs. Average140.06%

Short Interest Over Time

NOV (NYSE:NOV) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/202116,810,000 shares $253.83 million +6.1%N/A3 $15.10
1/29/202115,840,000 shares $219.38 million +28.4%N/A2.7 $13.85
1/15/202112,340,000 shares $155.73 million -7.1%N/A2 $12.62
12/31/202012,310,000 shares $189.08 million -34.4%N/A2 $15.36
12/15/202012,310,000 shares $180.46 million -34.4%N/A2 $14.66
11/30/202018,750,000 shares $256.88 million -19.1%N/A3 $13.70
11/15/202023,170,000 shares $284.06 million +7.6%N/A4.2 $12.26
10/30/202021,540,000 shares $236.51 million -2.6%N/A4 $10.98
10/15/202022,120,000 shares $190.01 million +31.4%N/A4.2 $8.59
9/30/202016,840,000 shares $145.33 million -4.6%N/A3.2 $8.63
9/15/202017,660,000 shares $167.95 million +23.4%N/A3.3 $9.51
8/31/202014,310,000 shares $158.98 million +4.1%N/A2.7 $11.11
8/14/202013,750,000 shares $164.18 million +3.9%N/A2.6 $11.94
7/31/202013,240,000 shares $169.74 million -10.5%N/A2.5 $12.82
7/15/202014,790,000 shares $170.23 million -16.3%N/A3 $11.51
6/30/202017,670,000 shares $225.12 million -1.4%N/A3.7 $12.74
6/15/202017,920,000 shares $214.86 million -12.5%N/A3.8 $11.99
5/29/202020,470,000 shares $229.06 million -14.6%N/A4 $11.19
5/15/202023,980,000 shares $299.03 million +9.3%N/A4.6 $12.47
4/30/202021,950,000 shares $291.06 million +3.0%N/A4.2 $13.26
4/15/202021,310,000 shares $274.47 million +3.2%N/A4.4 $12.88
3/31/202020,650,000 shares $248.21 million +9.3%5.4%4.6 $12.02
3/13/202018,897,600 shares $219.21 million +23.3%4.9%5.7 $11.60
2/28/202015,330,000 shares $149.47 million -2.4%4.0%4.6 $9.75
2/14/202015,710,000 shares $189.93 million -14.6%4.1%5.2 $12.09

NOV (NYSE:NOV) Short Interest FAQ

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What is NOV's current short interest?

Short interest is the volume of NOV shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 16,810,000 shares of NOV short.

What is a good short interest ratio for NOV?

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. NOV currently has a short interest ratio of 3.0.

Is NOV's short interest increasing or decreasing?

NOV saw a increase in short interest in the month of February. As of February 12th, there was short interest totaling 16,810,000 shares, an increase of 6.1% from the previous total of 15,840,000 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.

How does NOV's short interest compare to its competitors?

0.00% of NOV's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "oil & gas equipment & services" compare to NOV: Schlumberger Limited (0.00%), Halliburton (0.00%), TechnipFMC plc (10.10%), RPC, Inc. (15.57%), Oceaneering International, Inc. (1.95%), Dril-Quip, Inc. (5.09%), Helix Energy Solutions Group, Inc. (7.46%), Seacor Holdings Inc. (0.00%), Tidewater Inc. (0.00%), and Oil States International, Inc. (3.93%).

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 NOV stock?

Short selling NOV is an investing strategy that aims to generate trading profit from NOV as its price is falling. NOV's stock is trading up $1.87 today. To short NOV 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 NOV 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 NOV?

A short squeeze for NOV occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of NOV, which in turn drives the price of the stock up even further.

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

This page was last updated on 3/6/2021 by MarketBeat.com Staff

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