Reign Resources (RGNP) Short Interest Ratio & Short Volume

Short interest is the volume of Reign Resources shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 1,400 shares of RGNP short. Learn More on Reign Resources' current short interest.

Reign Resources saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,400 shares, an increase of 366.7% from the previous total of 300 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 "retail/wholesale" compare to Reign Resources: Boqii Holding Limited (1.35%), Marketing Worldwide Corp (0.00%), Gaucho Group Holdings, Inc. (3.35%), Jeffs' Brands Ltd (6.61%), Balincan USA, Inc. (0.21%), Onfolio Holdings, Inc. (0.61%), Jowell Global Ltd. (0.03%), Digital Brands Group, Inc. (3.30%), Express, Inc. (16.70%), Logiq, Inc. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.12 billion), Aon plc ($3.90 billion), The Clorox Company ($3.00 billion), Analog Devices, Inc. ($2.81 billion), The Kroger Co. ($2.31 billion), Moderna, Inc. ($2.09 billion), Datadog, Inc. ($2.05 billion), Uber Technologies, Inc. ($1.99 billion), Peloton Interactive, Inc. ($1.94 billion), and International Flavors & Fragrances Inc. ($1.85 billion). View all of the most shorted stocks.

Short selling RGNP is an investing strategy that aims to generate trading profit from Reign Resources 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 Reign Resources 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 RGNP, 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 RGNP, twice per month. The most recent reporting period available is October, 15 2020.