Genel Energy Short Interest Ratio and Short Volume

Genel Energy (OTCMKTS:GEGYY) Short Interest Frequently Asked Questions

What is Genel Energy's current short interest?

Short interest is the volume of Genel Energy shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 7,400 shares of GEGYY short. Learn More on Genel Energy's current short interest.

What is a good short interest ratio for Genel Energy?

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. Genel Energy currently has a short interest ratio of 5.0. Learn More on a good short interest ratio for Genel Energy

Is Genel Energy's short interest increasing or decreasing?

Genel Energy saw a increase in short interest in September. As of September 30th, there was short interest totaling 7,400 shares, an increase of 3,600.0% from the previous total of 200 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 Genel Energy's short interest compare to its competitors?

0.00% of Genel Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Genel Energy: Oasis Petroleum Inc. (5.79%), Centennial Resource Development, Inc. (17.23%), Vermilion Energy Inc. (3.94%), Bonanza Creek Energy, Inc. (12.93%), Extraction Oil & Gas, Inc. (2.66%), Northern Oil and Gas, Inc. (11.39%), Kosmos Energy Ltd. (5.37%), Tellurian Inc. (14.42%), Birchcliff Energy Ltd. (0.00%), and Laredo Petroleum, Inc. (20.58%).

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. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Railway Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Video Communications, Inc. ($2.87 billion), Match Group, Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

What does it mean to sell short Genel Energy stock?

Short selling GEGYY is an investing strategy that aims to generate trading profit from Genel Energy as its price is falling. To short Genel Energy 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 Genel Energy 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 Genel Energy?

A short squeeze for Genel Energy 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 GEGYY, which in turn drives the price of the stock up even further.

How often is Genel Energy's 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 GEGYY, twice per month. The most recent reporting period available is September, 30 2021.