Chesapeake Energy (CHKAQ) Short Interest Ratio & Short Volume

Short interest is the volume of Chesapeake Energy shares that have been sold short but have not yet been covered or closed out. As of January 29th, traders have sold 1,930,100 shares of CHKAQ short. Learn More on Chesapeake 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. CHKAQ shares currently have a short interest ratio of 2.0. Learn More on Chesapeake Energy's short interest ratio.

Chesapeake Energy saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 1,930,100 shares, an increase of 3.9% from the previous total of 1,857,000 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 compare to Chesapeake Energy: ConocoPhillips (1.94%), EOG Resources, Inc. (2.14%), Diamondback Energy, Inc. (1.77%), EQT Co. (3.26%), Devon Energy Co. (2.91%), Marathon Oil Co. (1.49%), Range Resources Co. (6.22%), Matador Resources (6.86%), SM Energy (8.93%), Comstock Resources, Inc. (32.68%),

As of the most recent reporting period, the following stocks had the largest short interest positions: GameStop Corp. ($6.96 billion), DuPont de Nemours, Inc. ($5.44 billion), Charter Communications, Inc. ($5.39 billion), Aon plc ($4.87 billion), Analog Devices, Inc. ($4.45 billion), Snap Inc. ($3.29 billion), Moderna, Inc. ($3.19 billion), The Clorox Company ($2.24 billion), Palantir Technologies Inc. ($2.18 billion), and Snowflake Inc. ($2.17 billion). View all of the most shorted stocks.

Short selling CHKAQ is an investing strategy that aims to generate trading profit from Chesapeake Energy 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 Chesapeake 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 CHKAQ, 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 CHKAQ, twice per month. The most recent reporting period available is January, 29 2021.