U.S. GoldMining (USGOW) Short Interest Ratio & Short Volume

Short interest is the volume of U.S. GoldMining shares that have been sold short but have not yet been covered or closed out. As of July 15th, investors have sold 100 shares of USGOW short. Learn More on U.S. GoldMining's current short interest.

Here is how the short interest of companies in the sector of "basic materials" compare to U.S. GoldMining: Companhia Siderúrgica Nacional (0.60%), Hongli Group Inc. (0.07%), Nexa Resources S.A. (0.10%), Linde plc (1.17%), BHP Group Limited (0.42%), The Sherwin-Williams Company (2.43%), Rio Tinto Group (0.59%), Southern Copper Co. (7.73%), Ecolab Inc. (0.79%), Air Products and Chemicals, Inc. (1.53%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling USGOW is an investing strategy that aims to generate trading profit from U.S. GoldMining as its price is falling. USGOW shares are trading down $0.45 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 U.S. GoldMining 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 USGOW, 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 USGOW, twice per month. The most recent reporting period available is July, 15 2024.