New Source Energy Partners (NSLPQ) Short Interest Ratio & Short Volume

Short interest is the volume of New Source Energy Partners shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 7,800 shares of NSLPQ short. Learn More on New Source Energy Partners' current short interest.

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. NSLPQ shares currently have a short interest ratio of 78.0. Learn More on New Source Energy Partners's short interest ratio.

Here is how the short interest of companies in the industry of "petroleum and natural gas" compare to New Source Energy Partners: Imperial Oil Limited (8.49%), Coterra Energy Inc. (1.81%), Norsk Hydro ASA (0.00%), Chesapeake Energy Co. (17.78%), ARC Resources Ltd. (1.27%), Sasol Limited (0.51%), Liberty Energy Inc. (9.86%), Paramount Resources Ltd. (1.16%), Black Stone Minerals, L.P. (2.29%), Vermilion Energy Inc. (8.39%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling NSLPQ is an investing strategy that aims to generate trading profit from New Source Energy Partners 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 New Source Energy Partners 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 NSLPQ, 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 NSLPQ, twice per month. The most recent reporting period available is July, 15 2024.