Coppernico Metals (CPPMF) Short Interest Ratio & Short Volume

Short interest is the volume of Coppernico Metals shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 1,193,600 shares of CPPMF short. Learn More on Coppernico Metals' 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. CPPMF shares currently have a short interest ratio of 14.0. Learn More on Coppernico Metals's short interest ratio.

Here is how the short interest of companies in the sector of "basic materials" compare to Coppernico Metals: Toro Energy Limited (0.02%), ZK International Group Co., Ltd. (0.28%), Timberline Resources Co. (0.22%), Blackstone Minerals Limited (0.00%), Paramount Gold Nevada Corp. (0.01%), Millennium Group International Holdings Limited (0.29%), Electra Battery Materials Co. (0.40%), Gulf Resources, Inc. (0.26%), Mountain Province Diamonds Inc. (0.05%), Foremost Lithium Resource & Technology Ltd. (0.61%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling CPPMF is an investing strategy that aims to generate trading profit from Coppernico Metals as its price is falling. CPPMF 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 Coppernico Metals 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 CPPMF, 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 CPPMF, twice per month. The most recent reporting period available is March, 31 2024.