MDM Permian (MDMP) Short Interest Ratio & Short Volume

Short interest is the volume of MDM Permian shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 38,900 shares of MDMP short. Learn More on MDM Permian's current short interest.

MDM Permian saw a increase in short interest in November. As of November 30th, there was short interest totaling 38,900 shares, an increase of 78.4% from the previous total of 21,800 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 "non-metallic and industrial metal mining" compare to MDM Permian: Nexa Resources S.A. (0.10%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

Short selling MDMP is an investing strategy that aims to generate trading profit from MDM Permian as its price is falling. MDMP shares are trading up $0.00 today. 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 MDM Permian 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 MDMP, 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 MDMP, twice per month. The most recent reporting period available is November, 30 2024.