Gulfport Energy (GPORQ) Short Interest Ratio & Short Volume

Short interest is the volume of Gulfport Energy shares that have been sold short but have not yet been closed out or covered. As of May 14th, traders have sold 1,379,000 shares of GPORQ short. Learn More on Gulfport Energy's 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. GPORQ shares currently have a short interest ratio of 0.4. Learn More on Gulfport Energy's short interest ratio.

Gulfport Energy saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 1,379,000 shares, an increase of 185.3% from the previous total of 483,400 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 "petroleum and natural gas" compare to Gulfport Energy: BP p.l.c. (0.42%), Equinor ASA (0.70%), Canadian Natural Resources Limited (0.88%), Eni SpA (0.09%), Suncor Energy Inc. (0.70%), Imperial Oil Limited (3.19%), Cenovus Energy Inc (2.21%), Woodside Energy Group Ltd (0.15%), Ecopetrol S.A. (0.41%), Coterra Energy Inc. (4.64%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($6.79 billion), Charter Communications, Inc. ($5.98 billion), Analog Devices, Inc. ($5.56 billion), S&P Global Inc. ($5.37 billion), Airbnb, Inc. ($3.72 billion), Snap Inc. ($2.70 billion), Expedia Group, Inc. ($2.27 billion), The Kroger Co. ($2.19 billion), Peloton Interactive, Inc. ($1.97 billion), and GameStop Corp. ($1.91 billion). View all of the most shorted stocks.

Short selling GPORQ is an investing strategy that aims to generate trading profit from Gulfport Energy as its price is falling. GPORQ shares are trading down $14.79 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 Gulfport 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 GPORQ, 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 GPORQ, twice per month. The most recent reporting period available is May, 14 2021.