Suncor Energy - SU Short Interest Ratio & Short Volume

Short interest is the volume of Suncor Energy shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 70,050,000 shares of SU short. 5.15% of Suncor Energy's shares are currently sold short. Learn More on Suncor Energy'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. SU shares currently have a short interest ratio of 10.0. Learn More on Suncor Energy's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Suncor Energy: Parallax Volatility Advisers L.P., Jane Street Group LLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., Cubist Systematic Strategies LLC, Citadel Advisors LLC, Laurion Capital Management LP, Concourse Financial Group Securities Inc., PEAK6 Investments LLC, Group One Trading L.P., Twin Tree Management LP, Bank of Montreal Can, Cibc World Market Inc., Walleye Trading LLC, Simplex Trading LLC, and Clear Street Markets LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 5.15% of Suncor Energy's floating shares are currently sold short.

Suncor Energy saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 70,050,000 shares, an increase of 122.9% from the previous total of 31,420,000 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.

Suncor Energy currently has issued a total of 1,366,450,000 shares. Some of Suncor Energy'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. Suncor Energy currently has a public float of 1,360,000,000 shares.

5.15% of Suncor Energy's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Suncor Energy: Valero Energy Co. (2.57%), Phillips 66 (2.20%), Hess Co. (2.50%), Marathon Petroleum Co. (3.30%), China Petroleum & Chemical Co. (0.01%), BP p.l.c. (0.35%), Equinor ASA (0.28%), ConocoPhillips (1.55%), Enphase Energy, Inc. (3.18%), and Devon Energy Co. (2.60%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.91 billion), Charter Communications, Inc. ($3.53 billion), Suncor Energy Inc. ($2.26 billion), T. Rowe Price Group, Inc. ($2.01 billion), Chesapeake Energy Co. ($1.92 billion), Lucid Group, Inc. ($1.84 billion), Plug Power Inc. ($1.81 billion), Williams-Sonoma, Inc. ($1.66 billion), Coinbase Global, Inc. ($1.64 billion), and Lumen Technologies, Inc. ($1.50 billion). View all of the most shorted stocks.

Short selling SU is an investing strategy that aims to generate trading profit from Suncor Energy as its price is falling. SU shares are trading down $0.54 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 Suncor Energy 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 SU, 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 SU, twice per month. The most recent reporting period available is August, 31 2022.