Stratex Oil & Gas (STTX) Short Interest Ratio & Short Volume

Short interest is the volume of Stratex Oil & Gas shares that have been sold short but have not yet been closed out or covered. As of June 15th, investors have sold 3,400 shares of STTX short. Learn More on Stratex Oil & Gas' current short interest.

Stratex Oil & Gas saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,400 shares, a decline of 41.4% from the previous total of 5,800 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 "crude petroleum & natural gas" compare to Stratex Oil & Gas: Petróleo Brasileiro S.A. - Petrobras (0.42%), SandRidge Mississippian Trust I (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling STTX is an investing strategy that aims to generate trading profit from Stratex 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 Stratex 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 STTX, 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 STTX, twice per month. The most recent reporting period available is June, 15 2024.