Sundance Energy Australia (SDCJF) Short Interest Ratio & Short Volume

Short interest is the volume of Sundance Energy Australia shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 1,749,600 shares of SDCJF short. Learn More on Sundance Energy Australia's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. SDCJF shares currently have a short interest ratio of 211.0. Learn More on Sundance Energy Australia's short interest ratio.

Here is how the short interest of companies in the sector of "oils/energy" compare to Sundance Energy Australia: ECA Marcellus Trust I (0.01%), Victory Oilfield Tech, Inc. (0.00%), Royale Energy, Inc. (0.00%), Altex Industries, Inc. (0.04%), Trio Petroleum Corp. (0.53%), Chesapeake Granite Wash Trust (0.01%), Camber Energy, Inc. (4.29%), U.S. Energy Corp. (0.05%), iSun, Inc. (1.34%), VivoPower International PLC (1.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($14.83 billion), Netflix, Inc. ($7.72 billion), Advanced Micro Devices, Inc. ($4.69 billion), Charter Communications, Inc. ($4.67 billion), Microchip Technology Incorporated ($3.40 billion), Centene Co. ($3.26 billion), Match Group, Inc. ($2.67 billion), Teladoc Health, Inc. ($2.31 billion), Snap Inc. ($2.24 billion), and Wayfair Inc. ($2.22 billion). View all of the most shorted stocks.

Short selling SDCJF is an investing strategy that aims to generate trading profit from Sundance Energy Australia as its price is falling. SDCJF shares are trading up $0.10 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 Sundance Energy Australia 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 SDCJF, 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 SDCJF, twice per month. The most recent reporting period available is December, 31 2019.