Noranda Aluminum (NORNQ) Short Interest Ratio & Short Volume

Short interest is the volume of Noranda Aluminum shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 900 shares of NORNQ short. Learn More on Noranda Aluminum's current short interest.

Here is how the short interest of companies in the sector of "industrial products" compare to Noranda Aluminum: Halma plc (0.01%),

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