Chesapeake Granite Wash Trust (CHKR) Short Interest Ratio & Short Volume

Short interest is the volume of Chesapeake Granite Wash Trust shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 4,100 shares of CHKR short. Learn More on Chesapeake Granite Wash Trust's current short interest.

Chesapeake Granite Wash Trust saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 4,100 shares, an increase of 5.1% from the previous total of 3,900 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.

Here is how the short interest of companies in the sector of "oils/energy" compare to Chesapeake Granite Wash Trust: Camber Energy, Inc. (5.84%), Victory Oilfield Tech, Inc. (0.01%), U.S. Energy Corp. (0.15%), Trio Petroleum Corp. (12.75%), ECA Marcellus Trust I (0.00%), PermRock Royalty Trust (0.32%), Permianville Royalty Trust (0.14%), Independence Contract Drilling, Inc. (4.10%), noco-noco Inc. (0.21%), Hugoton Royalty Trust (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling CHKR is an investing strategy that aims to generate trading profit from Chesapeake Granite Wash Trust as its price is falling. CHKR shares are trading down $0.01 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 Chesapeake Granite Wash Trust 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 CHKR, 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 CHKR, twice per month. The most recent reporting period available is April, 30 2024.