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DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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Lundin Mining Short Interest Ratio and Short Volume

-0.65 (-5.38 %)
(As of 02/26/2021 12:00 AM ET)
Today's Range
Now: $11.44
50-Day Range
MA: $9.89
52-Week Range
Now: $11.44
Volume216,419 shs
Average Volume125,250 shs
Market Capitalization$8.42 billion
P/E Ratio57.20
Dividend Yield1.03%

Short Interest

Lundin Mining (OTCMKTS:LUNMF) Short Interest Data

Current Short Volume5,669,200 shares
Previous Short Volume6,673,300 shares
Change Vs. Previous Month:-15.05%
Dollar Volume Sold Short$51.82 million
Short Interest Ratio / Days to Cover23.0
Last Record DateJanuary, 29 2021
Outstanding Shares736,208,000 shares
Percentage of Shares Shorted0.77%
Today's Trading Volume216,419 shares
Average Trading Volume125,250 shares
Today's Volume Vs. Average72.79%

Short Interest Over Time

Lundin Mining (OTCMKTS:LUNMF) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/29/20215,669,200 shares $51.82 million -15.1%N/A22.7 $9.14
1/15/20215,356,700 shares $49.39 million -13.4%N/A47.3 $9.22
12/31/20205,356,700 shares $48.00 million -13.4%N/A47.3 $8.96
12/15/20205,356,700 shares $41.23 million -13.4%N/A47.3 $7.70
11/30/20206,185,600 shares $50.04 million -4.5%N/A83.5 $8.09
11/15/20206,479,400 shares $43.42 million -14.8%N/A65.5 $6.70
10/30/20207,605,800 shares $50.96 million +11.6%N/A71 $6.70
10/15/20206,818,200 shares $43.02 million +13.0%N/A98.4 $6.31
9/30/20206,035,500 shares $33.73 million +5.2%N/A68.1 $5.59
9/15/20205,739,500 shares $33.12 million +19.6%N/A97.3 $5.77
8/31/20204,798,200 shares $30.08 million +0.8%N/A67.3 $6.27
8/14/20204,758,600 shares $30.55 million -0.1%N/A55.6 $6.42
7/31/20204,763,100 shares $27.53 million -33.7%N/A52.1 $5.78
7/15/20207,181,100 shares $40.36 million +5.2%N/A90.6 $5.62
6/30/20206,825,300 shares $40.95 million +3.9%N/A59 $6.00
6/15/20206,572,000 shares $32.06 million -10.8%N/A102.8 $4.88
5/29/20207,369,500 shares $36.48 million +5.9%N/A141.2 $4.95
5/15/20206,957,200 shares $32.63 million -18.2%N/A21.8 $4.69
4/30/20208,018,400 shares $38.97 million +36.6%N/A112.1 $4.86
4/15/20205,869,900 shares $24.57 million +5.0%N/A58 $4.19
3/31/20205,589,400 shares $19.95 million -31.3%N/A29.2 $3.57
3/13/20208,139,000 shares $35.24 million +14.8%N/A112.9 $4.33
2/28/20207,089,800 shares $21.84 million +21.4%N/A92.7 $3.08
2/14/20205,838,300 shares $26.80 million -8.8%N/A86.5 $4.59
1/31/20206,404,800 shares $34.39 million +4.2%N/A125.6 $5.37

Lundin Mining (OTCMKTS:LUNMF) Short Interest FAQ

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What is Lundin Mining's current short interest?

Short interest is the volume of Lundin Mining shares that have been sold short but have not yet been closed out or covered. As of January 29th, investors have sold 5,669,200 shares of LUNMF short.

What is a good short interest ratio for Lundin Mining?

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. Lundin Mining currently has a short interest ratio of 23.0.

Is Lundin Mining's short interest increasing or decreasing?

Lundin Mining saw a drop in short interest in January. As of January 29th, there was short interest totaling 5,669,200 shares, a drop of 15.0% from the previous total of 6,673,300 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.

How does Lundin Mining's short interest compare to its competitors?

0.00% of Lundin Mining's shares are currently sold short. Here is how the short interest of companies in the industry of "metal mining" compare to Lundin Mining: First Quantum Minerals Ltd. (0.00%), Impala Platinum Holdings Limited (0.00%), South32 Limited (0.00%), Cleveland-Cliffs Inc (0.00%), Turquoise Hill Resources Ltd. (0.95%), Compañía de Minas Buenaventura S.A.A. (1.51%), Lithium Americas Corp. (6.34%), Hudbay Minerals Inc. (1.21%), Pretium Resources Inc. (4.04%), and MP Materials Corp. (3.79%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Lundin Mining stock?

Short selling LUNMF is an investing strategy that aims to generate trading profit from Lundin Mining as its price is falling. Lundin Mining's stock is trading down $0.65 today. To short Lundin Mining 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 Lundin Mining 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.

How does a short squeeze work against Lundin Mining?

A short squeeze for Lundin Mining 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 LUNMF, which in turn drives the price of the stock up even further.

How often is Lundin Mining's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including LUNMF, twice per month. The most recent reporting period available is January, 29 2021.

This page was last updated on 2/27/2021 by MarketBeat.com Staff

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