Mexco Energy Short Interest Ratio and Short Volume

Mexco Energy (NYSEAMERICAN:MXC) Short Interest Frequently Asked Questions

What is Mexco Energy's current short interest?

Short interest is the volume of Mexco Energy shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 23,000 shares of MXC short. 2.11% of Mexco Energy's shares are currently sold short. Learn More on Mexco Energy's current short interest.

What is a good short interest percentage for Mexco Energy?

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. 2.11% of Mexco Energy's floating shares are currently sold short.

Is Mexco Energy's short interest increasing or decreasing?

Mexco Energy saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 23,000 shares, an increase of 2.7% from the previous total of 22,400 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.

What is Mexco Energy's float size?

Mexco Energy currently has issued a total of 2,120,000 shares. Some of Mexco 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. Mexco Energy currently has a public float of 1,090,000 shares.

How does Mexco Energy's short interest compare to its competitors?

2.11% of Mexco 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 Mexco Energy: Evolve Transition Infrastructure LP (16.37%), VOC Energy Trust (0.45%), PHX Minerals Inc. (0.61%), Permianville Royalty Trust (0.53%), Viking Energy Group, Inc. (0.00%), Camber Energy, Inc. (0.00%), Trillion Energy International Inc. (0.00%), CKX Lands, Inc. (0.04%), GrowMax Resources Corp. (0.00%), and Barnwell Industries, Inc. (0.55%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Mexco Energy stock?

Short selling MXC is an investing strategy that aims to generate trading profit from Mexco Energy as its price is falling. Mexco Energy's stock is trading up $0.41 today. To short Mexco 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 Mexco 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.

How does a short squeeze work against Mexco Energy?

A short squeeze for Mexco 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 MXC, which in turn drives the price of the stock up even further.

How often is Mexco Energy's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MXC, twice per month. The most recent reporting period available is November, 15 2021.