Jutal Offshore Oil Services (JUTOY) Short Interest Ratio & Short Volume

Short interest is the volume of Jutal Offshore Oil Services shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 100 shares of JUTOY short. Learn More on Jutal Offshore Oil Services' 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. JUTOY shares currently have a short interest ratio of 1.0. Learn More on Jutal Offshore Oil Services's short interest ratio.

Here is how the short interest of companies in the sector of "oils/energy" compare to Jutal Offshore Oil Services: Drilling Tools International Co. (0.30%), Profire Energy, Inc. (2.41%), Forum Energy Technologies, Inc. (1.12%), Solaris Oilfield Infrastructure, Inc. (4.73%), Oil States International, Inc. (2.67%), PHX Minerals Inc. (0.31%), KLX Energy Services Holdings, Inc. (10.94%), SouthGobi Resources Ltd. (0.00%), Emeren Group Ltd (3.06%), Verde Clean Fuels, Inc. (3.40%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling JUTOY is an investing strategy that aims to generate trading profit from Jutal Offshore Oil Services 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 Jutal Offshore Oil Services 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 JUTOY, 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 JUTOY, twice per month. The most recent reporting period available is March, 31 2024.