Seadrill (SDRLF) Short Interest Ratio & Short Volume

Short interest is the volume of Seadrill shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 89,100 shares of SDRLF short. Learn More on Seadrill's current short interest.

Seadrill saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 89,100 shares, an increase of 0.6% from the previous total of 88,600 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 "oils/energy" compare to Seadrill: Independence Contract Drilling, Inc. (4.35%), Trio Petroleum Corp. (0.53%), Victory Oilfield Tech, Inc. (0.00%), Snow Lake Resources Ltd. (0.26%), SPI Energy Co., Ltd. (0.51%), Global Gas Co. (2.05%), NXT Energy Solutions Inc. (0.02%), VivoPower International PLC (1.22%), Mesa Royalty Trust (0.43%), Sunrise New Energy Co., Ltd. (0.37%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.23 billion), Charter Communications, Inc. ($6.03 billion), Palo Alto Networks, Inc. ($3.16 billion), Lucid Group, Inc. ($2.77 billion), Snap Inc. ($2.53 billion), Datadog, Inc. ($2.53 billion), Rivian Automotive, Inc. ($2.30 billion), Wayfair Inc. ($2.30 billion), Booking Holdings Inc. ($2.18 billion), and Carnival Co. & plc ($1.96 billion). View all of the most shorted stocks.

Short selling SDRLF is an investing strategy that aims to generate trading profit from Seadrill as its price is falling. SDRLF shares are trading up $0.01 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 Seadrill 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 SDRLF, 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 SDRLF, twice per month. The most recent reporting period available is February, 15 2022.