Subsea 7 (SUBCY) Short Interest Ratio & Short Volume

Short interest is the volume of Subsea 7 shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 23,500 shares of SUBCY short. Learn More on Subsea 7's current short interest.

Subsea 7 saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 23,500 shares, a drop of 4.9% from the previous total of 24,700 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 compare to Subsea 7: NexTier Oilfield Solutions Inc. (5.95%), RPC, Inc. (9.04%), Viper Energy Partners LP (1.18%), CVR Energy, Inc. (6.22%), Denbury Inc. (8.14%), DT Midstream, Inc. (3.39%), Range Resources Co. (7.91%), Ovintiv Inc. (5.30%), Enservco Co. (1.31%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling SUBCY is an investing strategy that aims to generate trading profit from Subsea 7 as its price is falling. SUBCY shares are trading up $0.13 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 Subsea 7 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 SUBCY, 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 SUBCY, twice per month. The most recent reporting period available is September, 15 2023.