Sandridge Mississippian Trust I (SDT) Short Interest Ratio & Short Volume

Short interest is the volume of Sandridge Mississippian Trust I shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 193,300 shares of SDT short. 0.94% of Sandridge Mississippian Trust I's shares are currently sold short. Learn More on Sandridge Mississippian Trust I's current short interest.

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. SDT shares currently have a short interest ratio of 2.0. Learn More on Sandridge Mississippian Trust I's short interest ratio.

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. 0.94% of Sandridge Mississippian Trust I's floating shares are currently sold short.

Sandridge Mississippian Trust I saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 193,300 shares, an increase of 5.8% from the previous total of 182,700 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.

Sandridge Mississippian Trust I currently has issued a total of 28,000,000 shares. Some of Sandridge Mississippian Trust I's 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. Sandridge Mississippian Trust I currently has a public float of 20,470,000 shares.

0.94% of Sandridge Mississippian Trust I's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Sandridge Mississippian Trust I: Ascent Solar Technologies, Inc. (5.89%), U.S. Energy Corp. (0.41%), PermRock Royalty Trust (0.29%), Permianville Royalty Trust (0.19%), VOC Energy Trust (0.11%), MV Oil Trust (0.36%), Epsilon Energy Ltd. (0.67%), Prairie Operating Co. (3.01%), PHX Minerals Inc. (0.35%), PrimeEnergy Resources Co. (0.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($2.11 billion), McCormick & Company, Incorporated ($1.33 billion), Zoom Video Communications, Inc. ($870.07 million), TAL Education Group ($769.71 million), Alteryx, Inc. ($684.01 million), Versum Materials Inc ($551.44 million), Pinterest, Inc. ($421.38 million), Stitch Fix, Inc. ($354.92 million), II-VI Incorporated ($351.47 million), and Zogenix, Inc. ($346.69 million). View all of the most shorted stocks.

Short selling SDT is an investing strategy that aims to generate trading profit from Sandridge Mississippian Trust I as its price is falling. SDT shares are trading up $0.01 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.

A short squeeze for Sandridge Mississippian Trust I 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 SDT, 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 SDT, twice per month. The most recent reporting period available is September, 15 2019.