Trio Petroleum (TPET) Short Interest Ratio & Short Volume

Short interest is the volume of Trio Petroleum shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 809,800 shares of TPET short. 25.39% of Trio Petroleum's shares are currently sold short. Learn More on Trio Petroleum's current short interest.

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. 25.39% of Trio Petroleum's floating shares are currently sold short.

Trio Petroleum saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 809,800 shares, an increase of 387.2% from the previous total of 166,200 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.

Trio Petroleum currently has issued a total of 6,730,000 shares. Some of Trio Petroleum's 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. Trio Petroleum currently has a public float of 3,190,000 shares.

25.39% of Trio Petroleum's shares are currently sold short. Here is how the short interest of companies in the industry of "petroleum and natural gas" compare to Trio Petroleum: Blue Dolphin Energy (0.00%), Chesapeake Granite Wash Trust (0.00%), CKX Lands, Inc. (0.42%), Recon Technology, Ltd. (2.45%), BP Prudhoe Bay Royalty Trust (13.32%), NXT Energy Solutions Inc. (0.01%), ECA Marcellus Trust I (0.01%), and Royale Energy, Inc. (0.00%).

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 TPET is an investing strategy that aims to generate trading profit from Trio Petroleum as its price is falling. TPET shares are trading down $0.09 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 Trio Petroleum 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 TPET, 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 TPET, twice per month. The most recent reporting period available is January, 31 2025.