Exxon Mobil Short Interest Ratio and Short Volume

Short interest is the volume of Exxon Mobil shares that have been sold short but have not yet been closed out or covered. As of February 12th, investors have sold 47,520,000 shares of XOM short. 1.13% of Exxon Mobil's shares are currently sold short. View details.

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. Exxon Mobil currently has a short interest ratio of 2.0.

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. 1.13% of Exxon Mobil's floating shares are currently sold short.

Exxon Mobil saw a increase in short interest in February. As of February 12th, there was short interest totaling 47,520,000 shares, an increase of 1.1% from the previous total of 47,020,000 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.

1.13% of Exxon Mobil's shares are currently sold short. Here is how the short interest of companies in the industry of "petroleum refining" compare to Exxon Mobil: Chevron Co. (0.00%), BP p.l.c. (0.37%), China Petroleum & Chemical Co. (0.00%), Equinor ASA (0.28%), ConocoPhillips (0.00%), Phillips 66 (2.69%), Marathon Petroleum Co. (4.54%), Valero Energy Co. (2.34%), Suncor Energy Inc. (0.84%), and Hess Co. (2.99%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling XOM is an investing strategy that aims to generate trading profit from Exxon Mobil as its price is falling. Exxon Mobil's stock is trading up $2.53 today. To short Exxon Mobil 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 Exxon Mobil 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 Exxon Mobil 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 XOM, 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 XOM, twice per month. The most recent reporting period available is February, 12 2021.