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Targa Resources (TRGP) Short Interest Ratio & Short Volume

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$216.00 +3.05 (+1.43%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Targa Resources Short Interest Data

Targa Resources (TRGP) has a short interest of 4.59 million shares, representing 2.14% of the float (the number of shares available for trading by the public). This marks a 21.75% increase in short interest from the previous month. The short interest ratio (days to cover) is 2.7, indicating that it would take 2.7 days of the average trading volume of 1.56 million shares to cover all short positions.

Current Short Interest
4,590,000 shares
Previous Short Interest
3,770,000 shares
Change Vs. Previous Month
+21.75%
Dollar Volume Sold Short
$819.32 million
Short Interest Ratio
2.7 Days to Cover
Last Record Date
December 31, 2024
Outstanding Shares
218,060,000 shares
Float Size
214,410,000 shares
Short Percent of Float
2.14%
Today's Trading Volume
1,851,473 shares
Average Trading Volume
1,557,970 shares
Today's Volume Vs. Average
119%
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TRGP Short Interest Over Time

TRGP Days to Cover Over Time

TRGP Percentage of Float Shorted Over Time

Targa Resources Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/31/20244,590,000 shares $819.32 million +21.8%2.1%2.7 $178.50
12/15/20243,770,000 shares $696.02 million +7.4%1.8%2.1 $184.62
11/30/20243,510,000 shares $717.09 million +6.4%1.6%2.1 $204.30
11/15/20243,300,000 shares $646.93 million -5.7%1.5%1.9 $196.04
10/31/20243,500,000 shares $584.71 million +3.2%1.6%2 $167.06
10/15/20243,390,000 shares $548.81 million -3.1%1.6%1.9 $161.89
9/30/20243,500,000 shares $518.04 million +5.4%1.6%2.1 $148.01
9/15/20243,320,000 shares $491.99 million +2.2%1.5%2 $148.19
8/31/20243,250,000 shares $477.43 million -1.5%1.5%2 $146.90
8/15/20243,300,000 shares $471.44 million +0.6%1.5%2.1 $142.86
7/31/20243,280,000 shares $443.62 million -5.8%1.5%2.2 $135.25
7/15/20243,480,000 shares $467.50 million -7.2%1.6%2.5 $134.34
6/30/20243,750,000 shares $482.93 million +4.5%1.7%2.4 $128.78
6/15/20243,590,000 shares $427.21 million -13.1%1.7%2.3 $119.00
5/31/20244,130,000 shares $488.29 million -1.2%1.9%2.7 $118.23
5/15/20244,180,000 shares $483.12 million -6.5%1.9%2.7 $115.58
4/30/20244,470,000 shares $509.76 million +12.0%2.1%2.5 $114.04
4/15/20243,990,000 shares $456.22 million +5.8%1.8%2.2 $114.34
3/31/20243,770,000 shares $422.20 million -12.7%1.7%2.2 $111.99
3/15/20244,320,000 shares $457.92 million +7.7%2.0%2.6 $106.00
2/29/20244,010,000 shares $393.94 million -0.5%1.8%2.4 $98.24
2/15/20244,030,000 shares $375.96 million +16.8%1.8%2.4 $93.29
1/31/20243,450,000 shares $293.01 million +19.4%1.6%2.2 $84.93
1/15/20242,890,000 shares $242.24 million -12.2%1.3%1.8 $83.82
12/31/20233,290,000 shares $285.80 million -12.3%1.5%2 $86.87
12/15/20233,750,000 shares $320.29 million +6.5%1.7%2.2 $85.41
11/30/20233,520,000 shares $318.38 million +2.6%1.6%2 $90.45
11/15/20233,430,000 shares $295.87 million -3.7%1.6%2.1 $86.26
10/31/20233,560,000 shares $297.65 million +1.1%1.6%2.1 $83.61
10/15/20233,520,000 shares $307.01 million -0.6%1.6%2.2 $87.22
9/30/20233,540,000 shares $303.45 million -10.2%1.6%2.3 $85.72
9/15/20233,940,000 shares $333.56 million +11.6%1.8%2.6 $84.66
8/31/20233,530,000 shares $304.48 million -0.8%1.6%2.3 $86.26
8/15/20233,560,000 shares $299.29 million +18.7%1.6%2.3 $84.07
7/31/20233,000,000 shares $245.96 million -7.7%1.4%1.9 $81.99
7/15/20233,250,000 shares $253.60 million +1.3%1.5%2 $78.03
6/30/20233,210,000 shares $244.28 million +15.1%1.4%2 $76.10
6/15/20232,790,000 shares $200.52 million -2.1%1.3%1.8 $71.87
5/31/20232,850,000 shares $193.94 million -14.4%1.3%1.7 $68.05
5/15/20233,330,000 shares $235.70 million No Change1.5%1.9 $70.78
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4/30/20233,330,000 shares $251.51 million -2.9%1.5%2 $75.53
4/15/20233,430,000 shares $267.23 million -6.8%1.5%2.1 $77.91
3/31/20233,680,000 shares $268.46 million -3.2%1.7%2.3 $72.95
3/15/20233,800,000 shares $258.97 million -15.6%1.7%2.4 $68.15
2/28/20234,500,000 shares $333.45 million +6.9%2.0%3 $74.10
2/15/20234,210,000 shares $322.07 million +2.9%1.9%2.9 $76.50
1/31/20234,090,000 shares $306.83 million -11.5%1.8%2.9 $75.02
1/15/20234,620,000 shares $348.35 million +2.9%2.1%3.1 $75.40
12/30/20224,490,000 shares $330.02 million +2.5%2.0%1.9 $73.50
12/15/20224,380,000 shares $311.46 million -14.0%2.0%1.8 $71.11
11/30/20225,090,000 shares $378.65 million -12.7%2.3%2 $74.39
11/15/20225,830,000 shares $432.53 million +3.0%2.6%2.4 $74.19
10/31/20225,660,000 shares $386.97 million -21.5%2.6%2.3 $68.37
10/15/20227,210,000 shares $468.36 million +85.4%3.2%3 $64.96
9/30/20223,890,000 shares $234.72 million -1.5%1.8%1.7 $60.34
9/15/20223,950,000 shares $284.99 million +6.8%1.8%2.4 $72.15
8/31/20223,700,000 shares $252.45 million -10.6%1.7%2.1 $68.23
8/15/20224,140,000 shares $282.22 million +7.3%1.9%2 $68.17
7/31/20223,860,000 shares $266.76 million -5.4%1.7%1.7 $69.11
7/15/20224,080,000 shares $240.15 million -1.5%1.8%1.8 $58.86
6/30/20224,140,000 shares $247.03 million -1.7%1.9%1.8 $59.67
6/15/20224,210,000 shares $280.93 million +4.5%1.9%1.9 $66.73
5/31/20224,030,000 shares $290.24 million -12.0%1.8%2 $72.02
5/15/20224,580,000 shares $326.46 million +64.8%2.1%2.5 $71.28
4/30/20222,780,000 shares $204.08 million -28.0%1.2%1.6 $73.41
4/15/20223,860,000 shares $303.55 million +6.9%1.7%2.3 $78.64
3/31/20223,610,000 shares $272.45 million -1.1%1.6%2.1 $75.47
3/15/20223,650,000 shares $237.03 million -12.5%1.6%2.3 $64.94
2/28/20224,170,000 shares $272.59 million +10.0%1.9%2.6 $65.37
2/15/20223,790,000 shares $236.65 million -13.7%1.7%2.6 $62.44
1/31/20224,390,000 shares $259.36 million +34.7%2.0%3.1 $59.08
1/15/20223,260,000 shares $188.36 million +5.2%1.5%2.4 $57.78
12/31/20213,100,000 shares $161.94 million -9.6%1.4%2.4 $52.24
12/15/20213,430,000 shares $174.66 million -7.1%1.5%2.6 $50.92
11/30/20213,690,000 shares $190.51 million +13.2%1.6%2.9 $51.63
11/15/20213,260,000 shares $179.76 million -6.9%1.5%2.6 $55.14
10/29/20213,500,000 shares $191.35 million -11.6%1.6%2.7 $54.67
10/15/20213,960,000 shares $220.61 million +5.0%1.8%3.1 $55.71
9/30/20213,770,000 shares $185.52 million +16.0%1.7%2.7 $49.21
9/15/20213,250,000 shares $151.81 million -2.1%1.5%2.3 $46.71
8/31/20213,320,000 shares $145.81 million -7.5%1.5%2.1 $43.92
8/13/20213,590,000 shares $157.74 million -5.8%1.6%1.4 $43.94
7/30/20213,810,000 shares $160.44 million -21.8%1.7%1.5 $42.11
7/15/20214,870,000 shares $204.44 million -22.3%2.2%1.8 $41.98
6/30/20216,270,000 shares $278.70 million -13.2%2.8%2.4 $44.45
6/15/20217,220,000 shares $344.39 million +156.0%3.2%2.7 $47.70
5/28/20212,820,000 shares $109.59 million -9.0%1.3%1.1 $38.86
5/14/20213,100,000 shares $116.19 million -9.1%1.4%1.8 $37.48
4/30/20213,410,000 shares $118.67 million +17.2%1.5%1.9 $34.80
4/15/20212,910,000 shares $95.56 million +10.2%1.3%1.7 $32.84
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3/31/20212,640,000 shares $83.87 million -29.2%1.2%1.5 $31.77
3/15/20213,730,000 shares $129.69 million +9.4%1.7%2 $34.77
2/26/20213,410,000 shares $108.78 million +28.2%1.5%1.7 $31.90
2/12/20212,660,000 shares $80.92 million -18.4%1.2%1.3 $30.42
1/29/20213,260,000 shares $91.44 million -1.5%1.5%1.5 $28.05
1/15/20213,310,000 shares $102.84 million +1.2%1.5%1.4 $31.07
12/31/20203,270,000 shares $85.61 million -12.6%1.5%1.3 $26.18
12/15/20203,740,000 shares $102.63 million +27.7%1.7%1.4 $27.44
11/30/20202,930,000 shares $71.79 million -32.8%1.3%1.1 $24.50
11/15/20204,360,000 shares $89.51 million +15.3%2.0%1.6 $20.53
10/30/20203,780,000 shares $60.52 million -9.4%1.7%1.4 $16.01
10/15/20204,170,000 shares $72.27 million +0.2%1.8%1.6 $17.33
9/30/20204,160,000 shares $58.36 million -8.2%1.8%1.6 $14.03
9/15/20204,530,000 shares $68.09 million +20.5%2.0%1.8 $15.03
8/31/20203,760,000 shares $63.96 million +2.7%1.7%1.4 $17.01
8/14/20203,660,000 shares $73.09 million -5.9%1.6%1.1 $19.97
7/31/20203,890,000 shares $71.11 million -11.8%1.7%1 $18.28
7/15/20204,410,000 shares $78.72 million -2.4%1.9%1 $17.85
6/30/20204,520,000 shares $84.89 million -23.4%2.0%0.9 $18.78
6/15/20205,900,000 shares $115.82 million -10.7%2.6%1 $19.63
5/29/20206,610,000 shares $118.25 million -13.5%2.9%1 $17.89
5/15/20207,640,000 shares $114.83 million -33.9%3.4%1.2 $15.03
4/30/202011,550,000 shares $149.69 million +29.3%5.1%1.9 $12.96
4/15/20208,930,000 shares $71.35 million -11.1%3.9%1.7 $7.99
3/31/202010,050,000 shares $97.69 million +24.8%4.4%2.2 $9.72
3/13/20208,056,100 shares $69.36 million -13.4%3.5%3.1 $8.61
2/28/20209,300,000 shares $66.03 million -11.8%4.1%3.6 $7.10
2/14/202010,540,000 shares $149.77 million -15.7%4.7%5 $14.21
1/31/202012,500,000 shares $434.25 million +4.8%5.5%6.3 $34.74

TRGP Short Interest - Frequently Asked Questions

What is Targa Resources' current short interest?

Short interest is the volume of Targa Resources shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 4,590,000 shares of TRGP short. 2.14% of Targa Resources' shares are currently sold short. Learn More on Targa Resources' current short interest.

What is a good short interest ratio for Targa 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. TRGP shares currently have a short interest ratio of 3.0. Learn More on Targa Resources's short interest ratio.

Which institutional investors are shorting Targa Resources?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Targa Resources: Portman Square Capital LLP, Yaupon Capital Management LP, Jane Street Group LLC, Wolverine Trading LLC, Point72 Asset Management L.P., Maven Securities LTD, Garda Capital Partners LP, Capstone Investment Advisors LLC, Walleye Trading LLC, Walleye Capital LLC, PEAK6 Investments LLC, BNP Paribas Financial Markets, and Genus Capital Management Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Targa Resources?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.14% of Targa Resources' floating shares are currently sold short.

Is Targa Resources' short interest increasing or decreasing?

Targa Resources saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 4,590,000 shares, an increase of 21.8% from the previous total of 3,770,000 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.

What is Targa Resources' float size?

Targa Resources currently has issued a total of 218,060,000 shares. Some of Targa Resources' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Targa Resources currently has a public float of 214,410,000 shares.

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

2.14% of Targa Resources' shares are currently sold short. Here is how the short interest of companies compare to Targa Resources: The Williams Companies, Inc. (1.47%), Kinder Morgan, Inc. (2.20%), Cheniere Energy, Inc. (1.69%), Golar LNG Limited (4.00%), Frontline plc (4.25%), Scorpio Tankers Inc. (6.57%), Golden Ocean Group Limited (3.94%), Teekay Tankers Ltd. (2.05%), SFL Co. Ltd. (1.50%), Teekay Co. (1.52%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

What does it mean to sell short Targa Resources stock?

Short selling TRGP is an investing strategy that aims to generate trading profit from Targa Resources as its price is falling. TRGP shares are trading up $3.05 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.

How does a short squeeze work against Targa Resources?

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

How often is Targa 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 TRGP, twice per month. The most recent reporting period available is December, 31 2024.




This page (NYSE:TRGP) was last updated on 1/20/2025 by MarketBeat.com Staff
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