Trilogy Metals (TMQ) Short Interest Ratio & Short Volume

Short interest is the volume of Trilogy Metals shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 106,400 shares of TMQ short. 0.11% of Trilogy Metals' shares are currently sold short. Learn More on Trilogy Metals' current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.11% of Trilogy Metals' floating shares are currently sold short.

Trilogy Metals saw a drop in short interest in April. As of April 15th, there was short interest totaling 106,400 shares, a drop of 7.2% from the previous total of 114,600 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.

Trilogy Metals currently has issued a total of 159,750,000 shares. Some of Trilogy Metals' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Trilogy Metals currently has a public float of 98,140,000 shares.

0.11% of Trilogy Metals' shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to Trilogy Metals: Solitario Resources Corp. (0.11%), Integra Resources Corp. (0.40%), U.S. GoldMining Inc. (0.53%), Hycroft Mining Holding Co. (9.44%), Fury Gold Mines Limited (0.25%), NextSource Materials Inc. (0.05%), Loncor Gold Inc. (0.00%), Gold Resource Co. (0.20%), Vox Royalty Corp. (0.19%), Timberline Resources Co. (0.23%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling TMQ is an investing strategy that aims to generate trading profit from Trilogy Metals as its price is falling. TMQ shares are trading up $0.01 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 Trilogy Metals 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 TMQ, 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 TMQ, twice per month. The most recent reporting period available is April, 15 2024.