Hurricane Energy Short Interest Ratio and Short Volume

Short interest is the volume of Hurricane Energy shares that have been sold short but have not yet been closed out or covered. As of February 12th, investors have sold 385,700 shares of HRCXF short.

Hurricane Energy saw a increase in short interest during the month of February. As of February 12th, there was short interest totaling 385,700 shares, an increase of 46.5% from the previous total of 263,300 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.

0.00% of Hurricane Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "oil & gas field services, not elsewhere classified" compare to Hurricane Energy: North American Construction Group Ltd. (1.02%), Mammoth Energy Services, Inc. (0.94%), Natural Gas Services Group, Inc. (0.63%), U.S. Well Services, Inc. (2.05%), KLX Energy Services Holdings, Inc. (5.58%), Nine Energy Service, Inc. (0.85%), CSI Compressco LP (0.57%), NCS Multistage Holdings, Inc. (1.40%), Ranger Energy Services, Inc. (0.04%), and Key Energy Services, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling HRCXF is an investing strategy that aims to generate trading profit from Hurricane Energy as its price is falling. Hurricane Energy's stock is trading up $0.00 today. To short Hurricane 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 Hurricane 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.

A short squeeze for Hurricane 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 HRCXF, 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 HRCXF, twice per month. The most recent reporting period available is February, 12 2021.