Pacific Coast Oil Trust (ROYT) Short Interest Ratio & Short Volume

Short interest is the volume of Pacific Coast Oil Trust shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 767,200 shares of ROYT short. Learn More on Pacific Coast Oil Trust's current short interest.

Pacific Coast Oil Trust saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 767,200 shares, a decrease of 1.1% from the previous total of 775,800 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.

Here is how the short interest of companies in the sector of "energy" compare to Pacific Coast Oil Trust: Shell plc (0.25%), TotalEnergies SE (0.29%), Petróleo Brasileiro S.A. - Petrobras (0.46%), Canadian Natural Resources Limited (3.03%), EOG Resources, Inc. (2.88%), Eni S.p.A. (0.04%), Diamondback Energy, Inc. (2.00%), Occidental Petroleum Co. (3.82%), EQT Co. (2.87%), Woodside Energy Group Ltd (0.11%),

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), 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), Snap Inc. ($1.86 billion), and Carnival Co. & plc ($1.74 billion). View all of the most shorted stocks.

Short selling ROYT is an investing strategy that aims to generate trading profit from Pacific Coast Oil Trust 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 Pacific Coast Oil Trust 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 ROYT, 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 ROYT, twice per month. The most recent reporting period available is July, 31 2020.