Loncor Gold (LONCF) Short Interest Ratio & Short Volume

Short interest is the volume of Loncor Gold shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 2,400 shares of LONCF short. Learn More on Loncor Gold's current short interest.

Here is how the short interest of companies in the sector of "basic materials" compare to Loncor Gold: Gold Resource Co. (0.21%), Solitario Resources Corp. (0.12%), Timberline Resources Co. (0.22%), Trilogy Metals Inc. (0.12%), U.S. GoldMining Inc. (0.60%), Canadian Critical Minerals Inc. (0.07%), Fury Gold Mines Limited (0.18%), Integra Resources Corp. (0.27%), Hycroft Mining Holding Co. (6.43%), NextSource Materials Inc. (0.05%),

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 LONCF is an investing strategy that aims to generate trading profit from Loncor Gold 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 Loncor Gold 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 LONCF, 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 LONCF, twice per month. The most recent reporting period available is March, 31 2024.