Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.

PNM Resources (PNM) Short Interest Ratio & Short Volume

PNM Resources logo

PNM Resources Short Interest Data

PNM Resources (PNM) has a short interest of 2.92 million shares. This marks a -2.01% decrease in short interest from the previous month. The short interest ratio (days to cover) is 4.4, indicating that it would take 4.4 days of the average trading volume of 1.07 million shares to cover all short positions.

Current Short Interest
2,920,000 shares
Previous Short Interest
2,980,000 shares
Change Vs. Previous Month
-2.01%
Dollar Volume Sold Short
$112.71 million
Short Interest Ratio
4.4 Days to Cover
Last Record Date
July 15, 2024
Outstanding Shares
90,200,000 shares
Percentage of Shares Shorted
3.24%
Today's Trading Volume
512,300 shares
Average Trading Volume
1,070,739 shares
Today's Volume Vs. Average
48%
Short Selling PNM Resources?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for PNM Resources and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

PNM Short Interest Over Time

PNM Days to Cover Over Time

PNM Percentage of Float Shorted Over Time

PNM Resources Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
7/15/20242,920,000 shares $112.71 million -2.0%N/A4.4 $38.60
6/30/20242,980,000 shares $110.14 million +34.2%N/A4.6 $36.96
6/15/20242,220,000 shares $83.38 million +31.4%N/A3.5 $37.56
5/31/20241,690,000 shares $64.79 million -2.9%N/A2.7 $38.34
5/15/20241,740,000 shares $66.52 million -4.9%N/A2.4 $38.23
4/30/20241,830,000 shares $67.82 million +9.6%N/A2.1 $37.06
4/15/20241,670,000 shares $60.35 million -3.5%N/A1.6 $36.14
3/31/20241,730,000 shares $65.12 million -13.9%N/A1.4 $37.64
3/15/20242,010,000 shares $73.77 million -25.6%N/A1.2 $36.70
2/29/20242,700,000 shares $98.52 million -0.7%N/A1.7 $36.49
2/15/20242,720,000 shares $102.23 million +1.5%3.2%1.8 $37.59
1/31/20242,680,000 shares $97.10 million -14.7%3.2%1.9 $36.23
1/15/20243,140,000 shares $116.71 million +28.7%3.7%2.5 $37.17
12/31/20232,440,000 shares $101.50 million +16.2%2.9%2.5 $41.60
12/15/20232,100,000 shares $90.24 million +8.8%2.5%3.4 $42.97
11/30/20231,930,000 shares $80.25 million -9.4%2.3%3.3 $41.58
11/15/20232,130,000 shares $92.10 million +1.9%2.5%3.7 $43.24
10/31/20232,090,000 shares $88.33 million -9.5%2.5%3.8 $42.27
10/15/20232,310,000 shares $101.04 million +19.7%2.7%4.5 $43.74
9/30/20231,930,000 shares $86.10 million +6.0%2.3%3.9 $44.61
9/15/20231,820,000 shares $79.70 million +11.7%2.2%3.9 $43.79
8/31/20231,630,000 shares $72.23 million +0.6%1.9%3.9 $44.31
8/15/20231,620,000 shares $70.96 million +3.2%1.9%3.8 $43.80
7/31/20231,570,000 shares $70.37 million +1.3%1.9%2.9 $44.82
7/15/20231,550,000 shares $71.02 million -2.5%1.8%2.8 $45.82
6/30/20231,590,000 shares $71.71 million -6.5%1.9%2.7 $45.10
6/15/20231,700,000 shares $78.88 million +4.3%2.0%2.7 $46.40
5/31/20231,630,000 shares $74.85 million -9.9%1.9%2.5 $45.92
5/15/20231,810,000 shares $81.67 million +25.7%2.1%2.7 $45.12
4/30/20231,440,000 shares $69.31 million -16.3%1.7%2.5 $48.13
4/15/20231,720,000 shares $83.92 million No Change2.0%2.8 $48.79
3/31/20231,720,000 shares $83.73 million -11.8%2.0%2.7 $48.68
3/15/20231,950,000 shares $95.41 million -5.3%2.3%3.1 $48.93
2/28/20232,060,000 shares $100.94 million +7.9%2.4%3.5 $49.00
2/15/20231,910,000 shares $94.11 million +31.7%2.3%3.1 $49.27
1/31/20231,450,000 shares $71.75 million -26.4%1.7%2.3 $49.48
1/15/20231,970,000 shares $96.88 million -0.5%2.3%3.1 $49.18
12/30/20221,980,000 shares $96.60 million -9.6%2.3%2.9 $48.79
12/15/20222,190,000 shares $107.31 million +0.5%2.6%2.9 $49.00
11/30/20222,180,000 shares $106.82 million -13.8%2.6%2.8 $49.00
Tesla Execs are Freaking Out (Ad)

It’s so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity. This is a once-in-a-lifetime opportunity that you don’t want to miss.

11/15/20222,530,000 shares $121.19 million -3.1%3.0%3.3 $47.90
10/31/20222,610,000 shares $121.29 million -10.3%3.1%3.6 $46.47
10/15/20222,910,000 shares $133.02 million -22.0%3.4%4.3 $45.71
9/30/20223,730,000 shares $170.57 million +23.1%4.4%6.2 $45.73
9/15/20223,030,000 shares $143.26 million -9.3%3.6%5.7 $47.28
8/31/20223,340,000 shares $158.42 million +1.5%4.0%6.1 $47.43
8/15/20223,290,000 shares $160.16 million -18.6%3.9%6.7 $48.68
7/31/20224,040,000 shares $195.01 million -16.4%4.8%7.1 $48.27
7/15/20224,830,000 shares $227.88 million +37.6%5.7%7.8 $47.18
6/30/20223,510,000 shares $167.71 million -6.7%4.2%5.5 $47.78
6/15/20223,760,000 shares $168.26 million -29.1%4.8%5.7 $44.75
5/31/20225,300,000 shares $251.91 million +3.5%6.3%8.6 $47.53
5/15/20225,120,000 shares $238.69 million +38.4%6.1%7.8 $46.62
4/30/20223,700,000 shares $172.64 million -22.1%4.4%5.5 $46.66
4/15/20224,750,000 shares $228.19 million -12.8%5.6%7.3 $48.04
3/31/20225,450,000 shares $259.80 million +4.2%6.4%7.8 $47.67
3/15/20225,230,000 shares $239.06 million +11.0%6.2%7.5 $45.71
2/28/20224,710,000 shares $212.75 million +64.1%5.6%5.5 $45.17
2/15/20222,870,000 shares $128.15 million -33.1%3.4%3.1 $44.65
1/31/20224,290,000 shares $192.23 million -3.6%5.1%4.7 $44.81
1/15/20224,450,000 shares $205.55 million +19.6%5.3%4.8 $46.19
12/31/20213,720,000 shares $169.67 million -4.6%4.4%4.4 $45.61
12/15/20213,900,000 shares $177.68 million +12.1%4.6%4.7 $45.56
11/30/20213,480,000 shares $171.36 million -3.3%4.1%4.3 $49.24
11/15/20213,600,000 shares $179.10 million +25.9%4.3%5.3 $49.75
10/29/20212,860,000 shares $142.29 million -36.2%3.4%4.1 $49.75
10/15/20214,480,000 shares $222.30 million -3.5%5.3%7.1 $49.62
9/30/20214,640,000 shares $229.59 million +16.6%5.5%7.3 $49.48
9/15/20213,980,000 shares $197.49 million +18.8%4.7%6.3 $49.62
8/31/20213,350,000 shares $165.83 million +37.3%4.0%5.4 $49.50
8/13/20212,440,000 shares $117.78 million -12.9%2.9%4 $48.27
7/30/20212,800,000 shares $135.32 million -12.2%3.3%4.3 $48.33
7/15/20213,190,000 shares $155.13 million +0.6%3.8%4.6 $48.63
6/30/20213,170,000 shares $154.60 million -19.1%3.7%4.2 $48.77
6/15/20213,920,000 shares $192.16 million -3.9%4.6%5 $49.02
5/28/20214,080,000 shares $200.41 million +0.7%4.8%4.7 $49.12
5/14/20214,050,000 shares $199.06 million -3.3%N/A4.2 $49.15
4/30/20214,190,000 shares $207.74 million -6.3%N/A4.1 $49.58
4/15/20214,470,000 shares $221.04 million +1.1%N/A4.5 $49.45
3/31/20214,420,000 shares $217.20 million +16.9%N/A4.4 $49.14
3/15/20213,780,000 shares $182.23 million +11.8%N/A3.6 $48.21
2/26/20213,380,000 shares $162.75 million +28.0%N/A3.2 $48.15
2/12/20212,640,000 shares $128.70 million -19.5%N/A2.6 $48.75
1/29/20213,280,000 shares $159.28 million -5.2%N/A3 $48.56
1/15/20213,460,000 shares $167.84 million +0.3%N/A2.5 $48.51
12/31/20203,450,000 shares $167.64 million +3.6%N/A1.8 $48.59
12/15/20203,330,000 shares $163.30 million -36.7%N/A1.8 $49.04
11/30/20205,260,000 shares $258.21 million +1.4%6.7%3 $49.09
11/15/20205,190,000 shares $254.31 million +24.2%6.6%3.2 $49.00
10/30/20204,180,000 shares $208.25 million +8.0%5.3%2.8 $49.82
Tesla Execs are Freaking Out (Ad)

It’s so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity. This is a once-in-a-lifetime opportunity that you don’t want to miss.

10/15/20203,870,000 shares $177.59 million -0.8%4.9%3.3 $45.89
9/30/20203,900,000 shares $161.19 million -3.0%5.0%9.9 $41.33
9/15/20204,020,000 shares $164.82 million -1.7%5.1%9.6 $41.00
8/31/20204,090,000 shares $178.65 million -3.3%5.2%9.7 $43.68
8/14/20204,230,000 shares $189.50 million -1.4%5.4%9.3 $44.80
7/31/20204,290,000 shares $181.17 million -2.3%5.5%8.2 $42.23
7/15/20204,390,000 shares $171.82 million No Change5.6%8.1 $39.14
6/30/20204,390,000 shares $168.71 million +10.6%5.6%7.7 $38.43
6/15/20203,970,000 shares $153.76 million +0.5%5.1%6.2 $38.73
5/29/20203,950,000 shares $159.26 million -2.5%5.0%5.3 $40.32
5/15/20204,050,000 shares $150.70 million -3.3%5.2%5.2 $37.21
4/30/20204,190,000 shares $179.25 million -6.9%5.3%5.8 $42.78
4/15/20204,500,000 shares $192.87 million -1.3%5.7%6.1 $42.86
3/31/20204,560,000 shares $188.42 million +1.7%5.8%5.6 $41.32
3/13/20204,485,800 shares $208.95 million +17.1%5.7%7.4 $46.58
2/28/20203,830,000 shares $119.57 million +1.9%4.9%6.3 $31.22
2/14/20203,760,000 shares $183.22 million +1.1%4.7%7 $48.73
1/31/20203,720,000 shares $194.30 million -7.5%4.7%7.1 $52.23
1/15/20204,020,000 shares $221.62 million +226.8%5.1%8.2 $55.13
12/31/20191,230,000 shares $65.73 million +21.8%1.6%2.8 $53.44

PNM Short Interest - Frequently Asked Questions

What is PNM Resources' current short interest?

Short interest is the volume of PNM Resources shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 2,920,000 shares of PNM short. Learn More on PNM Resources' current short interest.

What is a good short interest ratio for PNM Resources?

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. PNM shares currently have a short interest ratio of 4.0. Learn More on PNM Resources's short interest ratio.

Is PNM Resources' short interest increasing or decreasing?

PNM Resources saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,920,000 shares, a decline of 2.0% from the previous total of 2,980,000 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.

How does PNM Resources' short interest compare to its competitors?

Here is how the short interest of companies compare to PNM Resources: Pinnacle West Capital Co. (2.91%), OGE Energy Corp. (1.78%), IDACORP, Inc. (1.24%), Portland General Electric (3.52%), MGE Energy, Inc. (4.74%), ALLETE, Inc. (1.42%), Otter Tail Co. (10.47%), Hawaiian Electric Industries, Inc. (4.89%), Array Technologies, Inc. (19.51%), Unitil Co. (1.17%),

Which stocks are the most shorted right now?

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.

What does it mean to sell short PNM Resources stock?

Short selling PNM is an investing strategy that aims to generate trading profit from PNM Resources as its price is falling. 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.

How does a short squeeze work against PNM Resources?

A short squeeze for PNM Resources 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 PNM, which in turn drives the price of the stock up even further.

How often is PNM Resources' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PNM, twice per month. The most recent reporting period available is July, 15 2024.




This page (NYSE:PNM) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners