Select Sands (SLSDF) Short Interest Ratio & Short Volume

Short interest is the volume of Select Sands shares that have been sold short but have not yet been covered or closed out. As of February 15th, investors have sold 29,300 shares of SLSDF short. Learn More on Select Sands' current short interest.

Select Sands saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 29,300 shares, an increase of 11.0% from the previous total of 26,400 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.

Here is how the short interest of companies in the sector of "basic materials" compare to Select Sands: Tantech Holdings Ltd (0.77%), Cerro Grande Mining Co. (0.00%), Sugarmade, Inc. (0.00%), Minco Capital Corp. (0.00%), International Zeolite Corp. (0.02%), Pelangio Exploration Inc. (0.01%), Thunder Mountain Gold, Inc. (0.00%), Mace Security International, Inc. (0.00%), Aurcana Silver Co. (0.13%), 5E Advanced Materials, Inc. (8.85%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling SLSDF is an investing strategy that aims to generate trading profit from Select Sands as its price is falling. 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 Select Sands 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 SLSDF, 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 SLSDF, twice per month. The most recent reporting period available is February, 15 2024.