Genel Energy (GEGYY) Short Interest Ratio & Short Volume

Short interest is the volume of Genel Energy shares that have been sold short but have not yet been covered or closed out. As of August 15th, investors have sold 200 shares of GEGYY short. Learn More on Genel Energy's current short interest.

Genel Energy saw a decline in short interest in August. As of August 15th, there was short interest totaling 200 shares, a decline of 33.3% from the previous total of 300 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 industry of "crude petroleum & natural gas" compare to Genel Energy: Sable Offshore Corp. (6.59%), SilverBow Resources, Inc. (4.03%), Granite Ridge Resources, Inc. (4.86%), Tellurian Inc. (11.39%), TXO Partners, L.P. (0.18%), Vitesse Energy, Inc. (9.60%), VAALCO Energy, Inc. (3.91%), Diversified Energy Company PLC (5.34%), GeoPark Limited (3.10%), Greenfire Resources Ltd. (0.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling GEGYY is an investing strategy that aims to generate trading profit from Genel Energy 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 Genel Energy 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 GEGYY, 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 GEGYY, twice per month. The most recent reporting period available is August, 15 2024.