NXT Energy Solutions Short Interest Ratio and Short Volume

NXT Energy Solutions (OTCMKTS:NSFDF) Short Interest Frequently Asked Questions

What is NXT Energy Solutions' current short interest?

Short interest is the volume of NXT Energy Solutions shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 33,500 shares of NSFDF short. Learn More on NXT Energy Solutions' current short interest.

Is NXT Energy Solutions' short interest increasing or decreasing?

NXT Energy Solutions saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 33,500 shares, an increase of 11,066.7% from the previous total of 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 NXT Energy Solutions' short interest compare to its competitors?

0.00% of NXT Energy Solutions' shares are currently sold short. Here is how the short interest of companies in the industry of "oil & gas exploration services" compare to NXT Energy Solutions: Public Joint Stock Company Gazprom (0.00%), Glencore plc (0.00%), Pembina Pipeline Co. (0.44%), Inpex Co. (0.00%), Paramount Resources Ltd. (0.00%), Africa Oil Corp. (0.00%), CGG (0.00%), Pgs Asa (0.00%), Dawson Geophysical (0.42%), and Zion Oil & Gas, Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

What does it mean to sell short NXT Energy Solutions stock?

Short selling NSFDF is an investing strategy that aims to generate trading profit from NXT Energy Solutions as its price is falling. NXT Energy Solutions' stock is trading down $0.01 today. To short NXT Energy Solutions 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 NXT Energy Solutions 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 NXT Energy Solutions?

A short squeeze for NXT Energy Solutions 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 NSFDF, which in turn drives the price of the stock up even further.

How often is NXT Energy Solutions' 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 NSFDF, twice per month. The most recent reporting period available is August, 31 2021.