Independence Contract Drilling (ICD) Short Interest Ratio & Short Volume → Biden Nomination CANCELED? (From The Freeport Society) (Ad) Free ICD Stock Alerts $1.55 +0.13 (+9.15%) (As of 05/17/2024 08:53 PM ET) Add Compare Share Share Short InterestStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Independence Contract Drilling Short Interest DataCurrent Short Volume533,500 sharesPrevious Short Volume544,200 sharesChange Vs. Previous Month-1.97%Dollar Volume Sold Short$986,975.00Short Interest Ratio / Days to Cover8.0Last Record DateApril 30, 2024Outstanding Shares15,210,000 sharesFloat Size13,000,000 sharesShort Percent of Float4.10%Today's Trading Volume77,800 sharesAverage Trading Volume62,248 sharesToday's Volume Vs. Average125% Short Selling Independence Contract Drilling ? Sign up to receive the latest short interest report for Independence Contract Drilling and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatICD Short Interest Over TimeICD Days to Cover Over TimeICD Percentage of Float Shorted Over Time Ad The Freeport SocietyBiden Nomination CANCELED?The Hill just published that Joe Biden has received enough delegates to…“clinch the Democratic presidential nomination and all but guaranteeing he will face off against former President Trump again in November.” Why is he all BUT guaranteed the Democratic nomination, in their words?I believe I have the terrifying answer right here. Independence Contract Drilling Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/2024533,500 shares $986,975.00 -2.0%4.1%8 $1.85 4/15/2024544,200 shares $1.08 million -2.7%4.2%7.9 $1.98 3/31/2024559,500 shares $1.04 million +2.0%4.4%8.3 $1.86 3/15/2024548,300 shares $926,627.00 +2.0%4.3%8.4 $1.69 2/29/2024537,500 shares $956,750.00 -1.7%4.2%8.8 $1.78 2/15/2024546,900 shares $1.07 million +1.7%4.4%11 $1.95 Get the Latest News and Ratings for ICD and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Independence Contract Drilling and its competitors with MarketBeat's FREE daily newsletter. 1/31/2024538,000 shares $1.15 million +0.7%4.3%10.8 $2.14 1/15/2024534,300 shares $1.12 million -0.3%4.2%9.6 $2.09 12/31/2023536,000 shares $1.31 million -1.5%4.2%9.9 $2.45 12/15/2023544,200 shares $1.32 million +0.2%4.2%10 $2.42 11/30/2023543,400 shares $1.32 million +0.7%4.2%9.6 $2.42 11/15/2023539,900 shares $1.24 million -1.0%4.2%9.2 $2.29 10/31/2023545,200 shares $1.45 million -2.7%4.2%7.7 $2.66 10/15/2023560,500 shares $1.64 million +4.5%4.3%8.6 $2.93 9/30/2023536,200 shares $1.61 million +5.0%4.1%7.9 $3.00 9/15/2023510,800 shares $1.56 million +1.6%3.9%7.6 $3.06 8/31/2023502,900 shares $1.44 million -3.8%3.9%6.9 $2.86 8/15/2023522,900 shares $1.50 million +1.4%4.0%7.4 $2.86 7/31/2023515,600 shares $1.64 million +3.2%4.0%8 $3.19 7/15/2023499,600 shares $1.39 million -1.9%3.9%7 $2.78 6/30/2023509,000 shares $1.39 million -3.2%3.9%6.9 $2.73 6/15/2023525,800 shares $1.44 million -4.2%4.1%6.6 $2.73 5/31/2023549,100 shares $1.50 million +4.8%4.3%5.6 $2.73 5/15/2023524,000 shares $1.51 million -0.5%4.1%4.6 $2.88 4/30/2023526,500 shares $1.61 million +6.4%4.2%3.9 $3.06 4/15/2023494,700 shares $1.56 million -6.2%4.0%3.5 $3.16 3/31/2023527,600 shares $1.72 million +3.3%4.2%3.1 $3.26 3/15/2023510,900 shares $1.56 million -2.6%4.1%2.8 $3.05 2/28/2023524,700 shares $1.99 million +1.2%4.1%3.1 $3.80 2/15/2023518,600 shares $2.05 million -8.0%4.1%3.2 $3.95 1/31/2023563,700 shares $2.47 million -4.8%4.4%3 $4.39 1/15/2023591,900 shares $2.70 million -4.8%4.6%3.3 $4.56 12/30/2022621,900 shares $2.03 million +2.0%4.9%4.1 $3.27 12/15/2022609,800 shares $1.86 million +11.4%5.0%4.2 $3.05 11/30/2022547,200 shares $2.16 million +8.6%4.5%4.1 $3.94 11/15/2022504,100 shares $2.04 million -0.7%4.2%3.6 $4.05 10/31/2022507,800 shares $2.19 million -3.5%4.3%4.4 $4.31 10/15/2022526,400 shares $1.62 million -9.8%4.5%6 $3.08 9/30/2022583,600 shares $1.75 million +8.9%5.0%6.3 $3.00 9/15/2022535,900 shares $1.66 million +0.9%4.6%5.7 $3.10Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS (Ad)You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. ICD Short Interest - Frequently Asked Questions What is Independence Contract Drilling's current short interest? Short interest is the volume of Independence Contract Drilling shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 533,500 shares of ICD short. 4.10% of Independence Contract Drilling's shares are currently sold short. Learn More on Independence Contract Drilling's current short interest. What is a good short interest ratio for Independence Contract Drilling? 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. ICD shares currently have a short interest ratio of 8.0. Learn More on Independence Contract Drilling's short interest ratio. What is a good short interest percentage for Independence Contract Drilling? 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. 4.10% of Independence Contract Drilling's floating shares are currently sold short. Is Independence Contract Drilling's short interest increasing or decreasing? Independence Contract Drilling saw a drop in short interest in April. As of April 30th, there was short interest totaling 533,500 shares, a drop of 2.0% from the previous total of 544,200 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. What is Independence Contract Drilling's float size? Independence Contract Drilling currently has issued a total of 15,213,000 shares. Some of Independence Contract Drilling's 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. Independence Contract Drilling currently has a public float of 13,000,000 shares. How does Independence Contract Drilling's short interest compare to its competitors? 4.10% of Independence Contract Drilling's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Independence Contract Drilling: noco-noco Inc. (0.21%), Sunrise New Energy Co., Ltd. (0.23%), Eco Wave Power Global AB (publ) (0.98%), SPI Energy Co., Ltd. (0.31%), Alternus Clean Energy Inc (3.08%), U.S. Energy Corp. (0.15%), Snow Lake Resources Ltd. (0.22%), Mesa Royalty Trust (0.38%), Lightbridge Co. (0.70%), Complete Solaria, Inc. (1.74%), 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 Independence Contract Drilling stock? Short selling ICD is an investing strategy that aims to generate trading profit from Independence Contract Drilling as its price is falling. ICD shares are trading up $0.13 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 Independence Contract Drilling? A short squeeze for Independence Contract Drilling 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 ICD, which in turn drives the price of the stock up even further. How often is Independence Contract Drilling'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 ICD, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: NCNC Short Squeeze EPOW Short Squeeze WAVE Short Squeeze SPI Short Squeeze ALCE Short Squeeze USEG Short Squeeze LITM Short Squeeze MTR Short Squeeze LTBR Short Squeeze CSLR Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:ICD) was last updated on 5/20/2024 by MarketBeat.com Staff From Our PartnersUrgent Nvidia WarningAltimetryThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaShocking: One AI startup's revenue could surge 4,735%Manward Press"The Biggest Drug Ever" Is ComingBehind the MarketsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersElon’s New Device is About to Shock the WorldInvestorPlaceMost important medical advance in 100 yearsThe Oxford ClubBill Gates is all about this tiny $2 stockTimothy Sykes