Obsidian Energy (OBELF) Short Interest Ratio & Short Volume

Short interest is the volume of Obsidian Energy shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 269,900 shares of OBELF short. Learn More on Obsidian Energy's current short interest.

Obsidian Energy saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 269,900 shares, a drop of 38.4% from the previous total of 437,800 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 industry of "petroleum and natural gas" compare to Obsidian Energy: Dorchester Minerals, L.P. (0.91%), Advantage Energy Ltd. (1.27%), Aris Water Solutions, Inc. (9.84%), HighPeak Energy, Inc. (25.80%), Calumet Specialty Products Partners, L.P. (12.91%), Vermilion Energy Inc. (10.50%), Expro Group Holdings (3.72%), Par Pacific Holdings, Inc. (10.09%), Select Water Solutions, Inc. (3.42%), Vitesse Energy, Inc. (10.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($8.74 billion), S&P Global Inc. ($7.90 billion), Charter Communications, Inc. ($5.88 billion), Lucid Group, Inc. ($3.75 billion), Palo Alto Networks, Inc. ($3.44 billion), Wayfair Inc. ($2.88 billion), Rivian Automotive, Inc. ($2.60 billion), Zscaler, Inc. ($1.86 billion), Match Group, Inc. ($1.79 billion), and Carnival Co. & plc ($1.72 billion). View all of the most shorted stocks.

Short selling OBELF is an investing strategy that aims to generate trading profit from Obsidian Energy as its price is falling. OBELF shares are trading up $0.24 today. 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 Obsidian Energy 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 OBELF, 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 OBELF, twice per month. The most recent reporting period available is January, 15 2022.