Quintana Energy Services (QES) Short Interest Ratio & Short Volume

Short interest is the volume of Quintana Energy Services shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 52,700 shares of QES short. 0.74% of Quintana Energy Services' shares are currently sold short. Learn More on Quintana Energy Services' current short interest.

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. 0.74% of Quintana Energy Services' floating shares are currently sold short.

Quintana Energy Services saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 52,700 shares, an increase of 64.2% from the previous total of 32,100 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.

Quintana Energy Services currently has issued a total of 33,760,000 shares. Some of Quintana Energy Services' 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. Quintana Energy Services currently has a public float of 7,140,000 shares.

0.74% of Quintana Energy Services' shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Quintana Energy Services: noco-noco Inc. (0.21%), U.S. Energy Corp. (0.41%), Independence Contract Drilling, Inc. (4.17%), Lightbridge Co. (0.76%), Alternus Clean Energy Inc (4.10%), NCS Multistage Holdings, Inc. (0.15%), Complete Solaria, Inc. (0.88%), Eco Wave Power Global AB (publ) (8.00%), Sunrise New Energy Co., Ltd. (0.20%), Mesa Royalty Trust (0.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.01 billion), Wayfair Inc. ($4.31 billion), Tesla, Inc. ($3.42 billion), Aon plc ($3.08 billion), The Clorox Company ($2.79 billion), The Charles Schwab Co. ($2.61 billion), Moderna, Inc. ($2.01 billion), The Kroger Co. ($1.98 billion), Zillow Group, Inc. ($1.91 billion), and Snap Inc. ($1.86 billion). View all of the most shorted stocks.

Short selling QES is an investing strategy that aims to generate trading profit from Quintana Energy Services as its price is falling. 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 Quintana Energy Services 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 QES, 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 QES, twice per month. The most recent reporting period available is July, 31 2020.