Knife River (KNF) Short Interest Ratio & Short Volume

Short interest is the volume of Knife River shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 1,350,000 shares of KNF short. Learn More on Knife River'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. KNF shares currently have a short interest ratio of 4.0. Learn More on Knife River's short interest ratio.

Knife River saw a increase in short interest in November. As of November 30th, there was short interest totaling 1,350,000 shares, an increase of 3.8% from the previous total of 1,300,000 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.

Here is how the short interest of companies compare to Knife River: Sociedad Química y Minera de Chile S.A. (2.59%), Summit Materials, Inc. (1.96%), NexGen Energy Ltd. (9.33%), Hudbay Minerals Inc. (1.23%), MP Materials Corp. (16.82%), Atlas Energy Solutions Inc. (19.43%), Ero Copper Corp. (2.54%), Sigma Lithium Co. (18.26%), Metals Acquisition Limited (3.98%), Lithium Americas Corp. (14.10%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

Short selling KNF is an investing strategy that aims to generate trading profit from Knife River as its price is falling. KNF shares are trading down $0.51 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 Knife River 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 KNF, 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 KNF, twice per month. The most recent reporting period available is November, 30 2024.