Patterson-UTI Energy (PTEN) Short Interest Ratio & Short Volume → Missed NVDA? Buy this AI stock NOW (From Chaikin Analytics) (Ad) Free PTEN Stock Alerts $11.31 +0.25 (+2.26%) (As of 05/17/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Patterson-UTI Energy Short Interest DataCurrent Short Volume23,640,000 sharesPrevious Short Volume26,730,000 sharesChange Vs. Previous Month-11.56%Dollar Volume Sold Short$255.78 millionShort Interest Ratio / Days to Cover3.5Last Record DateApril 30, 2024Outstanding Shares401,700,000 sharesPercentage of Shares Shorted5.88%Today's Trading Volume5,640,823 sharesAverage Trading Volume6,401,585 sharesToday's Volume Vs. Average88% Short Selling Patterson-UTI Energy ? Sign up to receive the latest short interest report for Patterson-UTI Energy and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatPTEN Short Interest Over TimePTEN Days to Cover Over TimePTEN Percentage of Float Shorted Over Time Ad InvestorPlaceHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”For over four decades, Louis Navellier has found the very best tech stocks... Before the rest of the market.Click for his six specific AI stock in the crosshairs Patterson-UTI Energy Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/202423,640,000 shares $255.78 million -11.6%N/A3.5 $10.82 4/15/202426,730,000 shares $307.13 million +1.1%N/A4 $11.49 3/31/202426,440,000 shares $315.69 million +3.4%N/A3.9 $11.94 3/15/202425,580,000 shares $295.19 million +15.5%N/A3.9 $11.54 2/29/202422,150,000 shares $256.28 million -5.8%N/A3.2 $11.57 2/15/202423,510,000 shares $276.24 million -4.4%N/A3.4 $11.75 Get the Latest News and Ratings for PTEN and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Patterson-UTI Energy and its competitors with MarketBeat's FREE daily newsletter. 1/31/202424,600,000 shares $272.81 million -13.7%N/A3.7 $11.09 1/15/202428,490,000 shares $292.88 million +2.6%N/A4.3 $10.28 12/31/202327,780,000 shares $300.02 million +1.4%N/A4.2 $10.80 12/15/202327,410,000 shares $303.43 million +71.1%N/A4 $11.07 11/30/202316,020,000 shares $187.59 million -15.6%N/A2.4 $11.71 11/15/202318,990,000 shares $226.36 million +0.1%N/A2.7 $11.92 10/31/202318,970,000 shares $240.92 million -9.5%N/A3.2 $12.70 10/15/202320,970,000 shares $288.97 million +7.8%N/A3.7 $13.78 9/30/202319,460,000 shares $269.33 million +1.6%N/A3.7 $13.84 9/15/202319,160,000 shares $298.51 million +4.1%N/A4 $15.58 8/31/202318,400,000 shares $260.18 million +10.6%N/A3.9 $14.14 8/15/202316,630,000 shares $242.96 million +45.6%N/A4.3 $14.61 7/31/202311,420,000 shares $180.89 million -26.6%N/A2.9 $15.84 7/15/202315,560,000 shares $211.15 million -1.0%N/A3.9 $13.57 6/30/202315,710,000 shares $188.05 million -2.2%N/A4.1 $11.97 6/15/202316,060,000 shares $200.43 million -0.2%N/A4.3 $12.48 5/31/202316,090,000 shares $156.72 million +2.2%N/A4.7 $9.74 5/15/202315,740,000 shares $160.55 million +7.8%N/A4.4 $10.20 4/30/202314,600,000 shares $163.37 million -8.5%N/A3.8 $11.19 4/15/202315,950,000 shares $192.04 million +6.7%N/A4.3 $12.04 3/31/202314,950,000 shares $174.92 million -3.8%N/A4.2 $11.70 3/15/202315,540,000 shares $181.20 million +3.5%N/A4.6 $11.66 2/28/202315,010,000 shares $205.64 million -9.3%N/A4.9 $13.70 2/15/202316,540,000 shares $245.12 million +12.2%N/A5.9 $14.82 1/31/202314,740,000 shares $247.63 million +20.3%N/A5.8 $16.80 1/15/202312,250,000 shares $212.78 million +12.7%N/A4.9 $17.37 12/30/202210,870,000 shares $183.05 million +25.5%N/A4.5 $16.84 12/15/20228,660,000 shares $144.10 million -2.8%N/A3.4 $16.64 11/30/20228,910,000 shares $159.93 million +6.1%N/A3.5 $17.95 11/15/20228,400,000 shares $159.52 million -7.8%N/A3.2 $18.99 10/31/20229,110,000 shares $160.79 million +0.7%N/A3.4 $17.65 10/15/20229,050,000 shares $120.27 million -2.3%N/A3.6 $13.29 9/30/20229,260,000 shares $108.16 million -0.9%N/A3.6 $11.68 9/15/20229,340,000 shares $137.02 million +9.5%N/A3.1 $14.67He called Apple at $1.49 and now he says: “Buy these 6 AI stocks.” (Ad)For over four decades, Louis Navellier has found the very best tech stocks... Before the rest of the market.Click for his six specific AI stock in the crosshairs PTEN Short Interest - Frequently Asked Questions What is Patterson-UTI Energy's current short interest? Short interest is the volume of Patterson-UTI Energy shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 23,640,000 shares of PTEN short. Learn More on Patterson-UTI Energy's current short interest. What is a good short interest ratio for Patterson-UTI Energy? The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. PTEN shares currently have a short interest ratio of 4.0. Learn More on Patterson-UTI Energy's short interest ratio. Which institutional investors are shorting Patterson-UTI Energy? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Patterson-UTI Energy: Walleye Trading LLC, and PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. Is Patterson-UTI Energy's short interest increasing or decreasing? Patterson-UTI Energy saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 23,640,000 shares, a decrease of 11.6% from the previous total of 26,730,000 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. How does Patterson-UTI Energy's short interest compare to its competitors? Here is how the short interest of companies in the sector of "oils/energy" compare to Patterson-UTI Energy: Helmerich & Payne, Inc. (10.95%), Transocean Ltd. (15.62%), Valaris Limited (7.55%), HighPeak Energy, Inc. (20.04%), Ormat Technologies, Inc. (4.57%), Vista Energy, S.A.B. de C.V. (1.48%), Sasol Limited (0.67%), Enerplus Co. (1.07%), Cactus, Inc. (4.61%), Northern Oil and Gas, Inc. (11.38%), Which stocks are the most shorted right now? 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. What does it mean to sell short Patterson-UTI Energy stock? Short selling PTEN is an investing strategy that aims to generate trading profit from Patterson-UTI Energy as its price is falling. PTEN shares are trading up $0.25 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. How does a short squeeze work against Patterson-UTI Energy? A short squeeze for Patterson-UTI Energy 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 PTEN, which in turn drives the price of the stock up even further. How often is Patterson-UTI Energy's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PTEN, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: HP Short Interest Data RIG Short Interest Data VAL Short Interest Data HPK Short Interest Data ORA Short Interest Data VIST Short Interest Data SSL Short Interest Data ERF Short Interest Data WHD Short Interest Data NOG Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:PTEN) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBill Gates is all about this tiny $2 stockTimothy SykesThe ONE AI Stock to own now. 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