Woodside Energy Group (WOPEY) Short Interest Ratio & Short Volume

Short interest is the volume of Woodside Energy Group shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 50,600 shares of WOPEY short. Learn More on Woodside Energy Group's current short interest.

Woodside Energy Group saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 50,600 shares, an increase of 703.2% from the previous total of 6,300 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 industry of "petroleum and natural gas" compare to Woodside Energy Group: Eni S.p.A. (0.04%), Suncor Energy Inc. (0.94%), Imperial Oil Limited (10.80%), Woodside Energy Group Ltd (0.11%), Pembina Pipeline Co. (0.73%), Cenovus Energy Inc. (2.43%), Coterra Energy Inc. (2.76%), Ecopetrol S.A. (0.61%), YPF Sociedad Anónima (1.18%), ARC Resources Ltd. (0.93%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.12 billion), Palo Alto Networks, Inc. ($3.85 billion), Lucid Group, Inc. ($2.66 billion), HP Inc. ($2.31 billion), Coinbase Global, Inc. ($2.14 billion), GameStop Corp. ($1.94 billion), T. Rowe Price Group, Inc. ($1.91 billion), Chesapeake Energy Co. ($1.79 billion), Rivian Automotive, Inc. ($1.62 billion), and Carnival Co. & plc ($1.59 billion). View all of the most shorted stocks.

Short selling WOPEY is an investing strategy that aims to generate trading profit from Woodside Energy Group as its price is falling. WOPEY shares are trading up $0.06 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 Woodside Energy Group 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 WOPEY, 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 WOPEY, twice per month. The most recent reporting period available is May, 31 2022.