Searchlight Resources (CNYCF) Short Interest Ratio & Short Volume

Short interest is the volume of Searchlight Resources shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 73,900 shares of CNYCF short. Learn More on Searchlight Resources' current short interest.

Searchlight Resources saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 73,900 shares, an increase of 172.7% from the previous total of 27,100 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 sector of "basic materials" compare to Searchlight Resources: Minco Capital Corp. (0.00%), Pelangio Exploration Inc. (0.01%), Thunder Mountain Gold, Inc. (0.00%), Cerro Grande Mining Co. (0.00%), Lithium Co. (0.00%), Silver Bull Resources, Inc. (0.02%), Lomiko Metals Inc. (0.00%), Energy Holdings, Inc. (0.00%), International Zeolite Corp. (0.02%), Select Sands Corp. (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: KLA Co. ($2.87 billion), Lucid Group, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.08 billion), Coinbase Global, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.85 billion), Chesapeake Energy Co. ($1.81 billion), Rivian Automotive, Inc. ($1.64 billion), Lumen Technologies, Inc. ($1.61 billion), Plug Power Inc. ($1.50 billion), and Generac Holdings Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling CNYCF is an investing strategy that aims to generate trading profit from Searchlight Resources as its price is falling. 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 Searchlight Resources 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 CNYCF, 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 CNYCF, twice per month. The most recent reporting period available is July, 31 2022.