PT Bumi Resources Tbk (PBMRF) Short Interest Ratio & Short Volume

Short interest is the volume of PT Bumi Resources Tbk shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 100 shares of PBMRF short. Learn More on PT Bumi Resources Tbk's current short interest.

PT Bumi Resources Tbk saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 100 shares, an increase of ∞ from the previous total of 0 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.78 billion), Occidental Petroleum Corporation ($3.04 billion), Royal Caribbean Cruises Ltd. ($2.10 billion), Celsius Holdings Inc. ($1.98 billion), Coinbase Global, Inc. ($1.97 billion), T. Rowe Price Group, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.83 billion), Tractor Supply Company ($1.82 billion), Moderna, Inc. ($1.66 billion), and CarMax, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling PBMRF is an investing strategy that aims to generate trading profit from PT Bumi Resources Tbk 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 PT Bumi Resources Tbk 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 PBMRF, 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 PBMRF, twice per month. The most recent reporting period available is August, 15 2023.