NexGen Energy (NXE) Short Interest Ratio & Short Volume

Short interest is the volume of NexGen Energy shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 58,870,000 shares of NXE short. Learn More on NexGen Energy'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. NXE shares currently have a short interest ratio of 8.0. Learn More on NexGen Energy's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of NexGen Energy: Wolverine Trading LLC, Squarepoint Ops LLC, SIG North Trading ULC, Royal Bank of Canada, Group One Trading LLC, Citadel Advisors LLC, BW Gestao de Investimentos Ltda., Jane Street Group LLC, Susquehanna International Group LLP, Concourse Financial Group Securities Inc., Walleye Capital LLC, Simplex Trading LLC, IMC Chicago LLC, and Fiduciary Family Office LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

NexGen Energy saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 58,870,000 shares, an increase of 9.8% from the previous total of 53,630,000 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 in the industry of "non-metallic and industrial metal mining" compare to NexGen Energy: Sociedad Química y Minera de Chile S.A. (2.56%), Summit Materials, Inc. (3.99%), Knife River Co. (3.20%), MP Materials Corp. (15.80%), Hudbay Minerals Inc. (1.41%), Atlas Energy Solutions Inc. (21.84%), Ero Copper Corp. (5.17%), Sigma Lithium Co. (16.94%), Metals Acquisition Limited (3.93%), Nexa Resources S.A. (0.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling NXE is an investing strategy that aims to generate trading profit from NexGen Energy as its price is falling. NXE shares are trading down $0.31 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 NexGen Energy 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 NXE, 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 NXE, twice per month. The most recent reporting period available is January, 31 2025.