GulfSlope Energy (GSPE) Short Interest Ratio & Short Volume

Short interest is the volume of GulfSlope Energy shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 75,000 shares of GSPE short. Learn More on GulfSlope Energy's current short interest.

GulfSlope Energy saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 75,000 shares, an increase of ∞ from the previous total of 0 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 "petroleum and natural gas" compare to GulfSlope Energy: Petroteq Energy Inc. (0.01%), Borr Drilling Limited (5.31%), BP Prudhoe Bay Royalty Trust (10.89%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

Short selling GSPE is an investing strategy that aims to generate trading profit from GulfSlope 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 GulfSlope 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 GSPE, 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 GSPE, twice per month. The most recent reporting period available is August, 31 2024.