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Skeena Resources Short Interest Ratio and Short Volume

+0.08 (+4.28 %)
(As of 11/27/2020 12:58 PM ET)
Today's Range
Now: $1.95
50-Day Range
MA: $1.90
52-Week Range
Now: $1.95
Volume80,156 shs
Average Volume166,124 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A

Short Interest

Skeena Resources (OTCMKTS:SKREF) Short Interest Data

Current Short Volume:940,600 shares
Previous Short Volume:919,400 shares
Change Vs. Previous Month:+2.31%
Dollar Volume Sold Short:$1.89 million
Short Interest Ratio / Days to Cover:5.0
Last Record Date:October, 30 2020
Short Percent of Float:0.00%
Today's Trading Volume:80,156 shares
Average Trading Volume:166,124 shares
Today's Volume Vs. Average:-51.75%

Skeena Resources (OTCMKTS:SKREF) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020940,600 $1.89 million 2.3%0.0%5.1$2.01
10/15/2020919,400 $0.00 3.7%0.0%6.4$0.00
9/30/2020886,900 $1.67 million -17.7%0.0%4.9$1.88

Skeena Resources (OTCMKTS:SKREF) Short Interest FAQ

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What is Skeena Resources' current short interest?

Short interest is the volume of Skeena Resources shares that have been sold short but have not yet been closed out or covered. As of October 30th, investors have sold 940,600 shares of SKREF short. 0.00% of Skeena Resources' shares are currently sold short. View details.

What is a good short interest ratio for Skeena Resources?

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. Skeena Resources currently has a short interest ratio of 5.0.

Is Skeena Resources' short interest increasing or decreasing?

Skeena Resources saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 940,600 shares, an increase of 2.3% from the previous total of 919,400 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.

How does Skeena Resources' short interest compare to its competitors?

0.00% of Skeena Resources' shares are currently sold short. Here is how the short interest of companies in the industry of "other industrial metals & mining" compare to Skeena Resources: Aftermath Silver Ltd. (0.00%), Alpha Lithium Co. (0.00%), American Lithium Corp. (0.00%), AMG Advanced Metallurgical Group (0.00%), Ascendant Resources Inc. (0.00%), Ascot Resources Ltd. (0.00%), Asia Broadband, Inc. (0.00%), Atico Mining Co. (0.00%), Bluestone Resources Inc. (0.00%), and Boliden AB (publ) (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Skeena Resources stock?

Short selling SKREF is an investing strategy that aims to generate trading profit from Skeena Resources as its price is falling. Skeena Resources' stock is trading up $0.08 today. To short Skeena Resources 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 Skeena Resources 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.

How does a short squeeze work against Skeena Resources?

A short squeeze for Skeena 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 SKREF, which in turn drives the price of the stock up even further.

How often is Skeena Resources' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SKREF, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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