Barrick Gold (GOLD) Short Interest Ratio & Short Volume

Short interest is the volume of Barrick Gold shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 12,479,900 shares of GOLD short. 0.72% of Barrick Gold's shares are currently sold short. Learn More on Barrick Gold's current short interest.

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. GOLD shares currently have a short interest ratio of 1.0. Learn More on Barrick Gold's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Barrick Gold: BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Simplex Trading LLC, IMC Chicago LLC, Nomura Holdings Inc., Goldman Sachs Group Inc., HAP Trading LLC, CMT Capital Markets Trading GmbH, Capital Fund Management S.A., PEAK6 Investments LLC, Goldman Sachs Group Inc., IMC Chicago LLC, UBS Group AG, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., Genus Capital Management Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.72% of Barrick Gold's floating shares are currently sold short.

Barrick Gold saw a drop in short interest in March. As of March 31st, there was short interest totaling 12,479,900 shares, a drop of 5.2% from the previous total of 13,170,000 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.

Barrick Gold currently has issued a total of 1,755,640,000 shares. Some of Barrick Gold's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Barrick Gold currently has a public float of 1,742,362,800 shares.

0.72% of Barrick Gold's shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to Barrick Gold: Agnico Eagle Mines Limited (1.61%), Wheaton Precious Metals Corp. (4.25%), Franco-Nevada Co. (1.58%), Newmont Co. (1.76%), Gold Fields Limited (1.78%), AngloGold Ashanti plc (1.57%), Kinross Gold Co. (0.94%), PPG Industries, Inc. (1.58%), DuPont de Nemours, Inc. (1.29%), LyondellBasell Industries (2.19%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling GOLD is an investing strategy that aims to generate trading profit from Barrick Gold as its price is falling. GOLD shares are trading down $0.28 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 Barrick Gold 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 GOLD, 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 GOLD, twice per month. The most recent reporting period available is March, 31 2024.