Source Capital (SOR) Short Interest Ratio & Short Volume

Short interest is the volume of Source Capital shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 8,000 shares of SOR short. Learn More on Source Capital's current short interest.

Source Capital saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 8,000 shares, an increase of 33.3% from the previous total of 6,000 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.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Source Capital: Tortoise Energy Infrastructure Co. (0.14%), Abrdn Life Sciences Investors (0.08%), Putnam Premier Income Trust (0.13%), Barings Corporate Investors (0.00%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.01%), DWS Municipal Income Trust (0.06%), BlackRock MuniHoldings New York Quality Fund, Inc. (0.17%), Putnam Municipal Opportunities Trust (4.97%), Horizon Technology Finance Co. (1.70%), Liberty All-Star Growth Fund, Inc. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling SOR is an investing strategy that aims to generate trading profit from Source Capital as its price is falling. SOR shares are trading up $0.34 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 Source Capital 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 SOR, 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 SOR, twice per month. The most recent reporting period available is March, 31 2024.