Viking Energy Group (VKIN) Short Interest Ratio & Short Volume

Short interest is the volume of Viking Energy Group shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 61,800 shares of VKIN short. Learn More on Viking Energy Group's current short interest.

Viking Energy Group saw a drop in short interest in July. As of July 31st, there was short interest totaling 61,800 shares, a drop of 4.9% from the previous total of 65,000 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 Viking Energy Group: Epsilon Energy Ltd. (1.17%), PHX Minerals Inc. (0.61%), Blue Dolphin Energy (0.09%), Permianville Royalty Trust (0.11%), PermRock Royalty Trust (0.20%), Flame Acquisition Corp. (0.01%), MV Oil Trust (0.15%), Chesapeake Granite Wash Trust (0.02%), U.S. Energy Corp. (0.11%), Alvopetro Energy Ltd. (0.07%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.34 billion), Occidental Petroleum Co. ($2.88 billion), Coinbase Global, Inc. ($2.50 billion), Rivian Automotive, Inc. ($2.47 billion), Palantir Technologies Inc. ($2.37 billion), Royal Caribbean Cruises Ltd. ($2.33 billion), T. Rowe Price Group, Inc. ($2.29 billion), Tractor Supply ($1.59 billion), Upstart Holdings, Inc. ($1.58 billion), and Enphase Energy, Inc. ($1.52 billion). View all of the most shorted stocks.

Short selling VKIN is an investing strategy that aims to generate trading profit from Viking Energy Group as its price is falling. VKIN shares are trading up $0.08 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 Viking Energy Group 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 VKIN, 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 VKIN, twice per month. The most recent reporting period available is July, 31 2023.