Minerco (MINE) Short Interest Ratio & Short Volume

Short interest is the volume of Minerco shares that have been sold short but have not yet been closed out or covered. As of December 30th, investors have sold 5,000 shares of MINE short. Learn More on Minerco's current short interest.

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.31 billion), T. Rowe Price Group, Inc. ($2.13 billion), TC Energy Co. ($2.13 billion), Paramount Global ($1.50 billion), Coinbase Global, Inc. ($1.48 billion), Etsy, Inc. ($1.48 billion), PG&E Co. ($1.47 billion), Old Dominion Freight Line, Inc. ($1.46 billion), United Rentals, Inc. ($1.35 billion), and Voya Financial, Inc. ($1.32 billion). View all of the most shorted stocks.

Short selling MINE is an investing strategy that aims to generate trading profit from Minerco 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 Minerco 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 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 December, 30 2022.