Woodside Petroleum Short Interest Ratio and Short Volume

Short interest is the volume of Woodside Petroleum shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 2,000 shares of WOPEY short. Learn More on Woodside Petroleum's current short interest.

Woodside Petroleum saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,000 shares, a decrease of 98.6% from the previous total of 146,900 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 Woodside Petroleum's shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Woodside Petroleum: Eni S.p.A. (0.02%), EOG Resources, Inc. (1.71%), Canadian Natural Resources Limited (0.77%), Pioneer Natural Resources (2.74%), The Hong Kong and China Gas Company Limited (0.00%), Ecopetrol S.A. (0.27%), Occidental Petroleum Co. (2.54%), RWE Aktiengesellschaft (0.00%), Devon Energy Co. (3.16%), and Cenovus Energy Inc. (0.97%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling WOPEY is an investing strategy that aims to generate trading profit from Woodside Petroleum as its price is falling. Woodside Petroleum's stock is trading down $0.02 today. To short Woodside Petroleum 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 Woodside Petroleum 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 Petroleum 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 August, 31 2021.