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 September 30th, traders have sold 83,900 shares of WOPEY short. 0.00% of Woodside Petroleum's shares are currently sold short. View details.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Woodside Petroleum currently has a short interest ratio of 1.0.

Woodside Petroleum saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 83,900 shares, an increase of 10,387.5% from the previous total of 800 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: PETROLEO BRASIL/S (0.00%), Petróleo Brasileiro S.A. - Petrobras (0.00%), CNOOC Ltd (0.00%), Eni S.p.A. (0.11%), The Hong Kong and China Gas Co. (0.00%), Rwe Ag Sp (0.00%), EOG Resources, Inc. (1.55%), Canadian Natural Resources Limited (0.48%), Ecopetrol SA (0.00%), and Pioneer Natural Resources (2.24%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 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 $0.18 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 appreciates 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 September, 30 2020.