Gran Tierra Energy Short Interest Ratio and Short Volume

Short interest is the volume of Gran Tierra Energy shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 697,100 shares of GTE short. 0.19% of Gran Tierra Energy's shares are currently sold short. View details.

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. 0.19% of Gran Tierra Energy's floating shares are currently sold short.

Gran Tierra Energy saw a decline in short interest in February. As of February 12th, there was short interest totaling 697,100 shares, a decline of 11.1% from the previous total of 784,400 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.

Gran Tierra Energy currently has issued a total of 366,982,000 shares. Some of Gran Tierra 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. Gran Tierra Energy currently has a public float of 358,380,000 shares.

0.19% of Gran Tierra Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Gran Tierra Energy: Tellurian Inc. (15.98%), Par Pacific Holdings, Inc. (0.00%), Vermilion Energy Inc. (3.72%), GeoPark Limited (0.18%), QEP Resources, Inc. (0.00%), Talos Energy Inc. (10.58%), Contango Oil & Gas (0.00%), Brigham Minerals, Inc. (0.00%), Bonanza Creek Energy, Inc. (10.11%), and Kimbell Royalty Partners, LP (1.15%).

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 GTE is an investing strategy that aims to generate trading profit from Gran Tierra Energy as its price is falling. Gran Tierra Energy's stock is trading down $0.07 today. To short Gran Tierra Energy 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 Gran Tierra Energy 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 Gran Tierra Energy 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 GTE, 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 GTE, twice per month. The most recent reporting period available is February, 12 2021.