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Northern Dynasty Minerals (NAK) Short Interest Ratio & Short Volume

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$2.38 +0.04 (+1.49%)
As of 11:20 AM Eastern
This is a fair market value price provided by Massive. Learn more.

Northern Dynasty Minerals Short Interest Overview

As of May 15, 2026, Northern Dynasty Minerals (NAK) had a short interest of 25.60 million shares sold short, representing 4.68% of the public float. This marks a 0.03% increase in short interest since the prior report. The short interest ratio (days to cover) is 3.6, meaning it would take 3.6 days of the average trading volume of 6.70 million shares to cover all short positions.

Current Short Interest
25,598,515 shares
Previous Short Interest
25,592,102 shares
Change Vs. Previous Month
0.03%
Dollar Volume Sold Short
$52.22 million
Short Interest Ratio
3.6 Days to Cover
Last Record Date
May 15, 2026
Outstanding Shares
559,990,000 shares
Short Percent of Float
4.68%
Today's Trading Volume
11,431,615 shares
Average Trading Volume
6,702,169 shares
Today's Volume Vs. Average
171%
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NAK Short Interest Over Time

NAK Days to Cover Over Time

NAK Percentage of Float Shorted Over Time

Northern Dynasty Minerals Tesla Short Interest History & Recent Changes

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/202625,598,515 shares $52.22 million +0.0%4.7%3.59 $2.04
4/30/202625,592,102 shares $53.74 million -17.8%4.7%2.8 $2.10
11/14/202526,725,339 shares $45.43 million -3.4%5.0%3.19 $1.70
10/31/202527,669,952 shares $55.62 million -18.3%5.1%1.53 $2.01
10/15/202533,850,000 shares $89.36 million +17.4%6.2%2.5 $2.64
9/30/202528,830,000 shares $34.60 million +15.0%5.3%2.1 $1.20
9/15/202525,060,000 shares $21.80 million +1.3%4.6%2 $0.87
8/31/202524,740,000 shares $22.27 million +1.6%4.6%1.9 $0.90
8/15/202524,350,000 shares $22.16 million +16.1%4.6%1.7 $0.91
7/31/202520,970,000 shares $16.55 million -5.4%4.0%1.5 $0.79
7/15/202522,170,000 shares $47.89 million +33.3%4.2%1.7 $2.16
6/30/202516,630,000 shares $22.28 million +1.3%3.2%2 $1.34
6/15/202516,420,000 shares $20.03 million -1.0%3.1%2.1 $1.22
5/31/202516,580,000 shares $17.35 million +0.7%3.1%2.2 $1.05
5/15/202516,460,000 shares $15.24 million +2.8%3.1%2.4 $0.93
4/30/202516,010,000 shares $18.41 million +2.1%3.0%2.4 $1.15
4/15/202515,680,000 shares $16.93 million +9.0%3.0%2.3 $1.08
3/31/202514,380,000 shares $16.54 million +129.0%2.7%2.3 $1.15
3/15/20256,280,000 shares $4.52 million +2.5%1.2%1.2 $0.72
2/28/20256,130,000 shares $3.63 million -6.1%1.2%1.5 $0.59
2/15/20256,530,000 shares $0.00 -12.0%1.2%1.8 $0.00
1/31/20257,420,000 shares $0.00 +6.0%1.4%2 $0.00
1/15/20257,000,000 shares $0.00 +10.6%1.3%2 $0.00
12/31/20246,330,000 shares $0.00 +8.0%1.2%2.1 $0.00
12/15/20245,860,000 shares $0.00 +7.9%1.1%2.4 $0.00
11/30/20245,430,000 shares $0.00 -1.6%1.0%2.7 $0.00
11/15/20245,520,000 shares $0.00 -0.7%1.1%2.8 $0.00
10/31/20245,560,000 shares $0.00 -10.9%1.1%3.2 $0.00
10/15/20246,240,000 shares $0.00 +6.3%1.2%5.4 $0.00
9/30/20245,870,000 shares $0.00 -0.2%1.1%5.1 $0.00
9/15/20245,880,000 shares $0.00 +1.2%1.1%4.9 $0.00
8/31/20245,810,000 shares $0.00 +0.2%1.1%4.8 $0.00
8/15/20245,800,000 shares $0.00 -3.8%1.1%5 $0.00
7/31/20246,030,000 shares $0.00 -1.0%1.1%5 $0.00
7/15/20246,090,000 shares $0.00 -7.7%1.2%5.3 $0.00
6/30/20246,600,000 shares $0.00 +3.3%1.3%6.3 $0.00
6/15/20246,390,000 shares $0.00 +5.8%1.2%6.1 $0.00
5/31/20246,040,000 shares $0.00 -8.6%1.2%4.8 $0.00
5/15/20246,610,000 shares $0.00 No Change1.3%4.7 $0.00
4/30/20246,610,000 shares $0.00 +3.9%1.3%4.5 $0.00
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4/15/20246,360,000 shares $0.00 -9.1%1.2%3.8 $0.00
3/31/20247,000,000 shares $0.00 +4.8%1.4%3.4 $0.00
3/15/20246,680,000 shares $0.00 -2.5%1.3%3.2 $0.00
2/29/20246,850,000 shares $1.60 million +1.5%1.4%3.6 $0.23
2/15/20246,750,000 shares $0.00 +3.7%1.4%3.7 $0.00
1/31/20246,510,000 shares $0.00 -8.8%1.3%3.7 $0.00
1/15/20247,140,000 shares $0.00 -11.9%1.4%4.5 $0.00
12/31/20238,100,000 shares $0.00 -9.0%1.6%5.6 $0.00
12/15/20238,900,000 shares $2.82 million +3.7%1.8%8.6 $0.32
11/30/20238,580,000 shares $0.00 -2.7%1.7%6.5 $0.00
11/15/20238,820,000 shares $0.00 +2.3%1.8%6.6 $0.00
10/31/20238,620,000 shares $0.00 -0.4%1.7%6.8 $0.00
10/15/20238,650,000 shares $0.00 +2.0%1.7%5.7 $0.00
9/30/20238,480,000 shares $0.00 +17.3%1.7%5.4 $0.00
9/15/20237,230,000 shares $0.00 +3.4%1.5%4.8 $0.00
8/31/20236,990,000 shares $0.00 -1.1%1.4%5.9 $0.00
8/15/20237,070,000 shares $0.00 -9.4%1.4%6.6 $0.00
7/31/20237,800,000 shares $0.00 +4.3%1.6%6.8 $0.00
7/15/20237,480,000 shares $0.00 -3.9%1.5%6 $0.00
6/30/20237,780,000 shares $0.00 -11.6%1.6%5.8 $0.00
6/15/20238,800,000 shares $0.00 -4.7%1.8%6.5 $0.00
5/31/20239,230,000 shares $0.00 -4.9%1.9%6.6 $0.00
5/15/20239,700,000 shares $0.00 -16.8%2.0%6.9 $0.00
4/30/202311,660,000 shares $0.00 +20.7%2.3%8.3 $0.00
4/15/20239,660,000 shares $0.00 +4.4%1.9%8 $0.00
3/31/20239,250,000 shares $0.00 -2.9%1.9%8.3 $0.00
3/15/20239,530,000 shares $0.00 -5.5%1.9%8.1 $0.00
2/28/202310,080,000 shares $0.00 +1.7%2.0%8.5 $0.00
2/15/20239,910,000 shares $0.00 -5.9%2.0%8.3 $0.00
1/31/202310,530,000 shares $2.32 million -4.1%2.1%8.5 $0.22
1/15/202310,980,000 shares $0.00 -3.9%2.2%9.5 $0.00
12/30/202211,430,000 shares $0.00 -0.8%2.3%9.4 $0.00
12/15/202211,520,000 shares $0.00 +0.6%2.3%9.4 $0.00
11/30/202211,450,000 shares $0.00 -4.7%2.3%9.2 $0.00
11/15/202212,020,000 shares $0.00 -4.1%2.4%9.5 $0.00
10/31/202212,530,000 shares $0.00 -2.5%2.5%9.8 $0.00
10/15/202212,850,000 shares $0.00 +1.6%2.6%8.3 $0.00
9/30/202212,650,000 shares $0.00 +4.4%2.5%8.4 $0.00
9/15/202212,120,000 shares $0.00 -3.0%2.4%7.7 $0.00
8/31/202212,490,000 shares $0.00 +0.2%2.5%7.8 $0.00
8/15/202212,470,000 shares $0.00 -4.4%2.5%6.9 $0.00
7/31/202213,050,000 shares $0.00 -0.7%N/A6.7 $0.00
7/15/202213,140,000 shares $0.00 +1.8%N/A7.3 $0.00
6/30/202212,910,000 shares $0.00 -2.8%N/A6.4 $0.00
6/15/202213,280,000 shares $0.00 +1.8%N/A5.1 $0.00
5/31/202213,040,000 shares $0.00 +2.3%2.5%3.3 $0.00
5/15/202212,750,000 shares $0.00 -4.6%2.5%2.4 $0.00
4/30/202213,360,000 shares $0.00 -5.1%2.6%2.5 $0.00
4/15/202214,070,000 shares $0.00 +2.0%2.7%2.6 $0.00
3/31/202213,790,000 shares $5.72 million -6.9%2.7%2.6 $0.42
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3/15/202214,810,000 shares $0.00 -5.3%3.1%2.9 $0.00
2/28/202215,640,000 shares $0.00 -2.6%3.3%3.8 $0.00
2/15/202216,060,000 shares $0.00 -2.9%3.3%5.4 $0.00
1/31/202216,540,000 shares $5.07 million +5.8%3.4%5 $0.31
1/15/202215,640,000 shares $0.00 -7.6%3.3%3.5 $0.00
12/31/202116,930,000 shares $0.00 -4.7%3.5%3.5 $0.00
12/15/202117,770,000 shares $0.00 +8.8%3.7%2.7 $0.00
11/30/202116,340,000 shares $0.00 +1.6%3.4%1.8 $0.00
11/15/202116,090,000 shares $0.00 -8.7%3.3%1.6 $0.00
10/29/202117,620,000 shares $7.59 million -2.4%3.7%1.8 $0.43
10/15/202118,050,000 shares $0.00 -3.8%3.8%1.9 $0.00
9/30/202118,770,000 shares $0.00 +8.3%3.9%2.2 $0.00
9/15/202117,340,000 shares $0.00 -34.1%3.6%2.3 $0.00
8/31/202126,300,000 shares $0.00 +5.2%5.5%5.2 $0.00
8/13/202124,990,000 shares $0.00 No Change5.2%5.5 $0.00
7/15/202123,630,000 shares $0.00 +16.7%5.1%4.2 $0.00
6/30/202120,250,000 shares $0.00 +12.3%4.4%3.4 $0.00
6/15/202118,030,000 shares $0.00 -5.0%3.9%2.6 $0.00

NAK Short Interest - Frequently Asked Questions

Short interest is the volume of Northern Dynasty Minerals shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 25,598,515 shares of NAK short. 4.68% of Northern Dynasty Minerals' shares are currently sold short. Learn More on Northern Dynasty Minerals' 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. NAK shares currently have a short interest ratio of 3.6. Learn More on Northern Dynasty Minerals's short interest ratio.

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. 4.68% of Northern Dynasty Minerals' floating shares are currently sold short.

Northern Dynasty Minerals saw a increase in short interest in May. As of May 15th, there was short interest totaling 25,598,515 shares, an increase of 0.0% from the previous total of 25,592,102 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.

4.68% of Northern Dynasty Minerals' shares are currently sold short. Here is how the short interest of companies in the industry of "precious metals" compare to Northern Dynasty Minerals: Orla Mining Ltd. (1.87%), Skeena Resources Limited (3.30%), Novagold Resources Inc. (3.34%), Centerra Gold Inc. (2.85%), Seabridge Gold, Inc. (4.83%), Perpetua Resources Corp. (9.08%), Hycroft Mining Holding Corporation (9.54%), Fortuna Mining Corp. (5.94%), Endeavour Silver Corporation (7.17%), Silvercorp Metals Inc. (12.75%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($80.71 billion), Invesco QQQ ($47.96 billion), iShares Russell 2000 ETF ($22.13 billion), Western Digital Corporation ($14.35 billion), Sandisk Corporation ($12.86 billion), Salesforce Inc. ($10.89 billion), Nebius Group N.V. ($9.92 billion), SPDR S&P Biotech ETF ($9.72 billion), Lumentum Holdings Inc. ($8.89 billion), and iShares 20+ Year Treasury Bond ETF ($8.18 billion). View all of the most shorted stocks.

Short selling NAK is an investing strategy that aims to generate trading profit from Northern Dynasty Minerals as its price is falling. NAK shares are trading up $0.01 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 Northern Dynasty Minerals 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 NAK, 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 NAK, twice per month. The most recent reporting period available is May, 15 2026.

Understanding short interest metrics can help you assess how traders are positioning around a stock like NAK:

  • Shares Sold Short: The total number of shares that have been sold by short sellers but have not yet been covered or closed out. A high number may indicate bearish sentiment.
  • Short Float: The percentage of a company’s publicly available shares (or "float") that are sold short. A higher short float suggests a greater portion of the stock is being bet against.
  • Days to Cover (Short Interest Ratio): This estimates how many days it would take short sellers to cover their positions, based on average daily trading volume. Higher values can signal potential for a short squeeze if buying pressure increases.

These metrics are often used by traders to gauge sentiment, volatility risk, and the potential for price movements based on short covering activity.



This page (NYSEAMERICAN:NAK) was last updated on 6/2/2026 by MarketBeat.com Staff.
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