Nuverra Environmental Solutions (NES) Short Interest Ratio & Short Volume

Short interest is the volume of Nuverra Environmental Solutions shares that have been sold short but have not yet been covered or closed out. As of February 15th, traders have sold 100 shares of NES short. Learn More on Nuverra Environmental Solutions' current short interest.

Nuverra Environmental Solutions saw a decline in short interest in February. As of February 15th, there was short interest totaling 100 shares, a decline of 99.7% from the previous total of 28,800 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.

Here is how the short interest of companies in the industry of "petroleum and natural gas" compare to Nuverra Environmental Solutions: Mammoth Energy Services, Inc. (2.06%), Prairie Operating Co. (15.59%), Houston American Energy Corporation (1.96%), Permianville Royalty Trust (0.39%), VOC Energy Trust (0.09%), Blue Dolphin Energy Co. (0.90%), KLX Energy Services Holdings, Inc. (7.38%), EON Resources Inc. (17.02%), NXT Energy Solutions Inc. (0.01%), U.S. Energy Corp. (5.36%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.23 billion), Charter Communications, Inc. ($6.03 billion), Palo Alto Networks, Inc. ($3.16 billion), Lucid Group, Inc. ($2.77 billion), Snap Inc. ($2.53 billion), Datadog, Inc. ($2.53 billion), Rivian Automotive, Inc. ($2.30 billion), Wayfair Inc. ($2.30 billion), Booking Holdings Inc. ($2.18 billion), and Carnival Corporation ($1.96 billion). View all of the most shorted stocks.

Short selling NES is an investing strategy that aims to generate trading profit from Nuverra Environmental Solutions as its price is falling. NES shares are trading up $0.22 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 Nuverra Environmental Solutions 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 NES, 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 NES, twice per month. The most recent reporting period available is February, 15 2022.