Nuverra Environmental Solutions Short Interest Ratio and Short Volume

Nuverra Environmental Solutions (NYSEAMERICAN:NES) Short Interest Frequently Asked Questions

What is Nuverra Environmental Solutions' current short interest?

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 December 31st, investors have sold 255,800 shares of NES short. Learn More on Nuverra Environmental Solutions' current short interest.

Is Nuverra Environmental Solutions' short interest increasing or decreasing?

Nuverra Environmental Solutions saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 255,800 shares, a drop of 89.1% from the previous total of 2,340,000 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.

How does Nuverra Environmental Solutions' short interest compare to its competitors?

Here is how the short interest of companies in the industry of "oil & gas field services, not elsewhere classified" compare to Nuverra Environmental Solutions: Natural Gas Services Group, Inc. (0.46%), Hurricane Energy plc (0.00%), NCS Multistage Holdings, Inc. (0.51%), Mammoth Energy Services, Inc. (0.46%), U.S. Well Services, Inc. (5.83%), KLX Energy Services Holdings, Inc. (19.75%), Nine Energy Service, Inc. (5.86%), Key Energy Services, Inc. (0.00%), Recon Technology, Ltd. (0.00%), and Energy & Technology, Corp. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($9.39 billion), Advanced Micro Devices, Inc. ($9.08 billion), Charter Communications, Inc. ($7.16 billion), Palo Alto Networks, Inc. ($4.05 billion), Lucid Group Inc ($3.43 billion), Wayfair Inc. ($3.11 billion), Rivian ($3.05 billion), Datadog, Inc. ($2.76 billion), Zscaler, Inc. ($2.55 billion), and Etsy, Inc. ($1.99 billion). View all of the most shorted stocks.

What does it mean to sell short Nuverra Environmental Solutions stock?

Short selling NES is an investing strategy that aims to generate trading profit from Nuverra Environmental Solutions as its price is falling. Nuverra Environmental Solutions' stock is trading up $0.05 today. To short Nuverra Environmental Solutions 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 Nuverra Environmental Solutions 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 Nuverra Environmental Solutions?

A short squeeze for Nuverra Environmental Solutions 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 NES, which in turn drives the price of the stock up even further.

How often is Nuverra Environmental Solutions' 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 NES, twice per month. The most recent reporting period available is December, 31 2021.