NXT Energy Solutions - NSFDF Short Interest Ratio & Short Volume

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 January 15th, investors have sold 12,100 shares of NSFDF short. Learn More on NXT Energy Solutions' current short interest.

NXT Energy Solutions saw a increase in short interest in January. As of January 15th, there was short interest totaling 12,100 shares, an increase of 142.0% from the previous total of 5,000 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.

Here is how the short interest of companies in the sector of "oils/energy" compare to NXT Energy Solutions: ReoStar Energy Corp. (0.00%), Dawson Geophysical (0.03%), VivoPower International PLC (3.90%), and New Concept Energy, Inc. (1.33%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling NSFDF is an investing strategy that aims to generate trading profit from NXT Energy Solutions 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 NXT Energy Solutions 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 NSFDF, 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 NSFDF, twice per month. The most recent reporting period available is January, 15 2023.