Carnarvon Energy (CVONF) Short Interest Ratio & Short Volume

Short interest is the volume of Carnarvon Energy shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 13,200 shares of CVONF short. Learn More on Carnarvon Energy's current short interest.

Carnarvon Energy saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 13,200 shares, an increase of 63.0% from the previous total of 8,100 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 in the industry of "oil & gas e&p" compare to Carnarvon Energy: Tellurian Inc. (11.83%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling CVONF is an investing strategy that aims to generate trading profit from Carnarvon 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 Carnarvon Energy occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of CVONF, 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 CVONF, twice per month. The most recent reporting period available is October, 31 2024.