Harbour Energy (HBRID) Short Interest Ratio & Short Volume

Short interest is the volume of Harbour Energy shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 2,800 shares of HBRID short. Learn More on Harbour 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. HBRID shares currently have a short interest ratio of 2.0. Learn More on Harbour Energy's short interest ratio.

Harbour Energy saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,800 shares, an increase of 40.0% from the previous total of 2,000 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 "oils/energy" compare to Harbour Energy: Paramount Resources Ltd. (0.84%), Harbour Energy plc (0.00%), Warrior Met Coal, Inc. (6.01%), SolarEdge Technologies, Inc. (14.62%), CVR Energy, Inc. (6.13%), CNX Resources Co. (19.33%), Liberty Energy Inc. (10.23%), California Resources Co. (11.03%), Black Stone Minerals, L.P. (2.79%), Ormat Technologies, Inc. (4.90%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.55 billion), Block, Inc. ($7.47 billion), S&P Global Inc. ($7.40 billion), Analog Devices, Inc. ($6.82 billion), Aon plc ($5.98 billion), Charter Communications, Inc. ($5.10 billion), Wayfair Inc. ($4.38 billion), AMC Entertainment Holdings, Inc. ($2.87 billion), Teladoc Health, Inc. ($2.55 billion), and Nuance Communications, Inc. ($2.41 billion). View all of the most shorted stocks.

Short selling HBRID is an investing strategy that aims to generate trading profit from Harbour Energy as its price is falling. HBRID shares are trading down $0.15 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 Harbour 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 HBRID, 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 HBRID, twice per month. The most recent reporting period available is July, 15 2021.