Mayfair Gold (MINE) Short Interest Ratio & Short Volume

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. MINE shares currently have a short interest ratio of 0.7. Learn More on Mayfair Gold's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.24% of Mayfair Gold's floating shares are currently sold short.

Mayfair Gold saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 163,969 shares, an increase of 22.0% from the previous total of 134,412 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.

0.24% of Mayfair Gold's shares are currently sold short. Here is how the short interest of companies in the industry of "gold" compare to Mayfair Gold: Galiano Gold Inc. (1.51%), Contango ORE, Inc. (8.80%), Caledonia Mining Corporation PLC (9.12%), Vista Gold Corp. (6.29%), Jaguar Mining Inc. (1.14%), Vox Royalty Corp. (2.86%), Idaho Strategic Resources, Inc. (8.60%), US Gold Corp (11.34%), and GoldMining Inc. (2.90%).

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($71.77 billion), Invesco QQQ ($59.70 billion), iShares Russell 2000 ETF ($23.54 billion), Medtronic PLC ($13.33 billion), SPDR S&P Biotech ETF ($10.47 billion), iShares iBoxx $ High Yield Corporate Bond ETF ($10.36 billion), Nebius Group N.V. ($8.98 billion), iShares 20+ Year Treasury Bond ETF ($8.92 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($8.10 billion), and iShares Semiconductor ETF ($7.74 billion). View all of the most shorted stocks.

Short selling MINE is an investing strategy that aims to generate trading profit from Mayfair Gold as its price is falling. MINE shares are trading down $0.01 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 Mayfair Gold 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 MINE, 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 MINE, twice per month. The most recent reporting period available is October, 15 2026.