Par Pacific Short Interest Ratio and Short Volume

Short interest is the volume of Par Pacific shares that have been sold short but have not yet been covered or closed out. As of January 29th, investors have sold 2,130,000 shares of PARR short.

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. Par Pacific currently has a short interest ratio of 7.0.

Par Pacific saw a increase in short interest in January. As of January 29th, there was short interest totaling 2,130,000 shares, an increase of 3.4% from the previous total of 2,060,000 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.

0.00% of Par Pacific's shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Par Pacific: PDC Energy, Inc. (0.00%), Magnolia Oil & Gas Co. (14.04%), CNX Resources Co. (0.00%), Antero Resources Co. (15.14%), Murphy Oil Co. (12.22%), Viper Energy Partners LP (2.62%), Range Resources Co. (14.12%), Southwestern Energy (8.89%), Matador Resources (15.60%), and ARC Resources Ltd. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling PARR is an investing strategy that aims to generate trading profit from Par Pacific as its price is falling. Par Pacific's stock is trading down $0.46 today. To short Par Pacific 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 Par Pacific 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 Par Pacific 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 PARR, 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 PARR, twice per month. The most recent reporting period available is January, 29 2021.