Black Dragon Resource Companies Short Interest Ratio and Short Volume

Short interest is the volume of Black Dragon Resource Companies shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 275,700 shares of BDGR short.

Black Dragon Resource Companies saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 275,700 shares, an increase of ∞ from the previous total of 0 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.

0.00% of Black Dragon Resource Companies' shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Black Dragon Resource Companies: PermRock Royalty Trust (0.12%), VOC Energy Trust (0.15%), MV Oil Trust (0.00%), Permianville Royalty Trust (0.93%), PHX Minerals Inc. (0.00%), Evolve Transition Infrastructure LP (0.46%), Viking Energy Group, Inc. (0.00%), Trillion Energy International Inc. (0.00%), Hempstract, Inc. (0.00%), and Victory Oilfield Tech, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling BDGR is an investing strategy that aims to generate trading profit from Black Dragon Resource Companies as its price is falling. To short Black Dragon Resource Companies 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 Black Dragon Resource Companies 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 Black Dragon Resource Companies 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 BDGR, 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 BDGR, twice per month. The most recent reporting period available is March, 31 2021.