Taronis Technologies (TRNX) Short Interest Ratio & Short Volume

Short interest is the volume of Taronis Technologies shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 15,100 shares of TRNX short. Learn More on Taronis Technologies' current short interest.

Here is how the short interest of companies in the sector of "business services" compare to Taronis Technologies: Full Truck Alliance Co. Ltd. (4.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.19 billion), Snowflake Inc. ($2.35 billion), T. Rowe Price Group, Inc. ($2.14 billion), Coinbase Global, Inc. ($2.14 billion), Paramount Global ($1.99 billion), Etsy, Inc. ($1.76 billion), Lucid Group, Inc. ($1.70 billion), Wayfair Inc. ($1.63 billion), Old Dominion Freight Line, Inc. ($1.61 billion), and CarMax, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling TRNX is an investing strategy that aims to generate trading profit from Taronis Technologies 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 Taronis Technologies 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 TRNX, 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 TRNX, twice per month. The most recent reporting period available is January, 31 2023.