Riverdale Oil and Gas Short Interest Ratio and Short Volume

Short interest is the volume of Riverdale Oil and Gas shares that have been sold short but have not yet been closed out or covered. As of October 30th, investors have sold 10,000 shares of RVDO short.

Riverdale Oil and Gas saw a drop in short interest in the month of October. As of October 30th, there was short interest totaling 10,000 shares, a drop of 30.6% from the previous total of 14,400 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 Riverdale Oil and Gas' shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Riverdale Oil and Gas: Evolve Transition Infrastructure LP (5.80%), Oasis Petroleum Inc. (0.00%), Trillion Energy International Inc. (0.00%), Hero Technologies Inc. (0.00%), Chesapeake Energy Co. (0.00%), SandRidge Permian Trust (0.00%), Barnwell Industries, Inc. (2.98%), Victory Oilfield Tech, Inc. (0.00%), CKX Lands, Inc. (0.13%), and New Concept Energy, Inc. (8.83%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.15 billion), Aon plc ($3.50 billion), Snap Inc. ($3.18 billion), ViacomCBS Inc. ($2.92 billion), Analog Devices, Inc. ($2.90 billion), The Clorox Company ($2.87 billion), Uber Technologies, Inc. ($2.01 billion), The Kroger Co. ($1.86 billion), International Flavors & Fragrances Inc. ($1.80 billion), and Moderna, Inc. ($1.80 billion). View all of the most shorted stocks.

Short selling RVDO is an investing strategy that aims to generate trading profit from Riverdale Oil and Gas as its price is falling. Riverdale Oil and Gas' stock is trading down $0.01 today. To short Riverdale Oil and Gas 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 Riverdale Oil and Gas 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 Riverdale Oil and Gas 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 RVDO, 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 RVDO, twice per month. The most recent reporting period available is October, 30 2020.