Borneo Resource Investments (BRNE) Short Interest Ratio & Short Volume

Short interest is the volume of Borneo Resource Investments shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 312,100 shares of BRNE short. Learn More on Borneo Resource Investments' current short interest.

Borneo Resource Investments saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 312,100 shares, an increase of 212.1% from the previous total of 100,000 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($6.15 billion), Charter Communications, Inc. ($4.04 billion), Paychex, Inc. ($2.77 billion), Nu Holdings Ltd. ($2.71 billion), Cencora, Inc. ($2.34 billion), Aptiv PLC ($2.18 billion), Tractor Supply ($2.07 billion), International Paper ($2.01 billion), AppLovin Co. ($1.95 billion), and Moderna, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling BRNE is an investing strategy that aims to generate trading profit from Borneo Resource Investments 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.

A short squeeze for Borneo Resource Investments 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 BRNE, 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 BRNE, twice per month. The most recent reporting period available is September, 15 2024.