Victory Oilfield Tech Short Interest Ratio and Short Volume

Short interest is the volume of Victory Oilfield Tech shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 2,200 shares of VYEY short.

Victory Oilfield Tech saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 2,200 shares, a decrease of 15.4% from the previous total of 2,600 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.

0.00% of Victory Oilfield Tech's shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Victory Oilfield Tech: Epsilon Energy Ltd. (0.04%), PrimeEnergy Resources Co. (1.78%), PermRock Royalty Trust (0.12%), MV Oil Trust (0.00%), VOC Energy Trust (0.15%), PHX Minerals Inc. (0.00%), Permianville Royalty Trust (0.93%), Evolve Transition Infrastructure LP (0.46%), Viking Energy Group, Inc. (0.00%), and Trillion Energy International Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.58 billion), Charter Communications, Inc. ($5.48 billion), Aon plc ($5.31 billion), ViacomCBS Inc. ($4.67 billion), Airbnb, Inc. ($3.01 billion), Snap Inc. ($2.99 billion), Discovery, Inc. ($2.56 billion), The Kroger Co. ($2.29 billion), Expedia Group, Inc. ($2.23 billion), and Peloton Interactive, Inc. ($2.19 billion). View all of the most shorted stocks.

Short selling VYEY is an investing strategy that aims to generate trading profit from Victory Oilfield Tech as its price is falling. To short Victory Oilfield Tech 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 Victory Oilfield Tech 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 Victory Oilfield Tech 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 VYEY, 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 VYEY, twice per month. The most recent reporting period available is March, 31 2021.