SandRidge Mississippian Trust II (SDRMU) Short Interest Ratio & Short Volume

Short interest is the volume of SandRidge Mississippian Trust II shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 25,200 shares of SDRMU short. Learn More on SandRidge Mississippian Trust II's current short interest.

SandRidge Mississippian Trust II saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 25,200 shares, a decline of 79.0% from the previous total of 119,900 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 SandRidge Mississippian Trust II: ECA Marcellus Trust I (0.01%), Royale Energy, Inc. (0.00%), Altex Industries, Inc. (0.04%), Groove Botanicals, Inc. (0.00%), Victory Oilfield Tech, Inc. (0.00%), Trio Petroleum Corp. (0.53%), Alternus Clean Energy Inc (4.87%), Brenmiller Energy Ltd (0.04%), Heliogen, Inc. (2.74%), American Environmental Partners, Inc. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.92 billion), Aon plc ($3.86 billion), Analog Devices, Inc. ($3.55 billion), The Clorox Company ($2.87 billion), Snap Inc. ($2.78 billion), Moderna, Inc. ($2.21 billion), The Kroger Co. ($2.05 billion), International Flavors & Fragrances Inc. ($1.98 billion), Expedia Group, Inc. ($1.93 billion), and Match Group, Inc. ($1.59 billion). View all of the most shorted stocks.

Short selling SDRMU is an investing strategy that aims to generate trading profit from SandRidge Mississippian Trust II as its price is falling. SDRMU shares are trading up $0.00 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 SandRidge Mississippian Trust II 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 SDRMU, 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 SDRMU, twice per month. The most recent reporting period available is November, 15 2020.