Spyglass Resources (SGLRF) Short Interest Ratio & Short Volume

Short interest is the volume of Spyglass Resources shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 5,000 shares of SGLRF short. Learn More on Spyglass Resources' current short interest.

Here is how the short interest of companies in the industry of "oil & gas e&p" compare to Spyglass Resources: 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 SGLRF is an investing strategy that aims to generate trading profit from Spyglass Resources 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 Spyglass Resources 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 SGLRF, 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 SGLRF, twice per month. The most recent reporting period available is October, 31 2024.