Metawells Oil & Gas (KOSK) Short Interest Ratio & Short Volume

Short interest is the volume of Metawells Oil & Gas shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 5,000 shares of KOSK short. Learn More on Metawells Oil & Gas' current short interest.

Metawells Oil & Gas saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,000 shares, a drop of 87.1% from the previous total of 38,700 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 "communication" compare to Metawells Oil & Gas: Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (0.20%), SK Telecom Co., Ltd. (0.14%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling KOSK is an investing strategy that aims to generate trading profit from Metawells Oil & Gas 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 Metawells Oil & Gas 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 KOSK, 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 KOSK, twice per month. The most recent reporting period available is July, 31 2024.