SandRidge Permian Trust Short Interest Ratio and Short Volume

Short interest is the volume of SandRidge Permian Trust shares that have been sold short but have not yet been closed out or covered. As of February 12th, traders have sold 42,400 shares of PERS short.

SandRidge Permian Trust saw a increase in short interest in February. As of February 12th, there was short interest totaling 42,400 shares, an increase of 39.5% from the previous total of 30,400 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.

0.00% of SandRidge Permian Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to SandRidge Permian Trust: TransGlobe Energy Co. (0.05%), PrimeEnergy Resources Co. (1.62%), Obsidian Energy Ltd. (0.00%), SilverBow Resources, Inc. (2.72%), Epsilon Energy Ltd. (0.02%), PHX Minerals Inc. (0.00%), PermRock Royalty Trust (0.33%), VOC Energy Trust (0.08%), MV Oil Trust (0.00%), and Permianville Royalty Trust (0.12%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling PERS is an investing strategy that aims to generate trading profit from SandRidge Permian Trust as its price is falling. To short SandRidge Permian Trust 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 SandRidge Permian Trust 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 SandRidge Permian Trust 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 PERS, 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 PERS, twice per month. The most recent reporting period available is February, 12 2021.