Source Capital (SOR) Short Interest Ratio & Short Volume

Short interest is the volume of Source Capital shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 3,300 shares of SOR short. Learn More on Source Capital's current short interest.

Source Capital saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,300 shares, an increase of 50.0% from the previous total of 2,200 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 "investment offices, not elsewhere classified" compare to Source Capital: Putnam Premier Income Trust (0.13%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.04%), Tortoise Energy Infrastructure Co. (0.14%), BlackRock MuniHoldings New York Quality Fund, Inc. (0.05%), DWS Municipal Income Trust (0.11%), Putnam Municipal Opportunities Trust (0.02%), Abrdn Life Sciences Investors (0.21%), Barings Corporate Investors (0.06%), Liberty All-Star Growth Fund, Inc. (0.10%), Cohen & Steers Total Return Realty Fund, Inc. (0.13%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling SOR is an investing strategy that aims to generate trading profit from Source Capital as its price is falling. SOR shares are trading up $0.02 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 Source Capital 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 SOR, 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 SOR, twice per month. The most recent reporting period available is April, 30 2024.