Targa Resources (TRGP) Short Interest Ratio & Short Volume → The CHIPS Act Motherlode (From True Market Insiders) (Ad) Free TRGP Stock Alerts $117.67 +1.54 (+1.33%) (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 Targa Resources Short Interest DataCurrent Short Volume4,470,000 sharesPrevious Short Volume3,990,000 sharesChange Vs. Previous Month+12.03%Dollar Volume Sold Short$509.76 millionShort Interest Ratio / Days to Cover2.5Last Record DateApril 30, 2024Outstanding Shares221,720,000 sharesFloat Size217,310,000 sharesShort Percent of Float2.06%Today's Trading Volume1,102,149 sharesAverage Trading Volume1,493,323 sharesToday's Volume Vs. Average74% Short Selling Targa Resources ? Sign up to receive the latest short interest report for Targa Resources and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatTRGP Short Interest Over TimeTRGP Days to Cover Over TimeTRGP Percentage of Float Shorted Over Time Ad True Market InsidersThe CHIPS Act MotherlodeIf you haven’t heard yet, the CHIPS Act is the US government pouring $280 BILLION into the manufacturing of US semiconductors. A lot of companies will make a fortune from this.Click here to see my #1 investment for 2024. Targa Resources Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/20244,470,000 shares $509.76 million +12.0%2.1%2.5 $114.04 4/15/20243,990,000 shares $456.22 million +5.8%1.8%2.2 $114.34 3/31/20243,770,000 shares $422.20 million -12.7%1.7%2.2 $111.99 3/15/20244,320,000 shares $457.92 million +7.7%2.0%2.6 $106.00 2/29/20244,010,000 shares $393.94 million -0.5%1.8%2.4 $98.24 2/15/20244,030,000 shares $375.96 million +16.8%1.8%2.4 $93.29 Get the Latest News and Ratings for TRGP and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Targa Resources and its competitors with MarketBeat's FREE daily newsletter. 1/31/20243,450,000 shares $293.01 million +19.4%1.6%2.2 $84.93 1/15/20242,890,000 shares $242.24 million -12.2%1.3%1.8 $83.82 12/31/20233,290,000 shares $285.80 million -12.3%1.5%2 $86.87 12/15/20233,750,000 shares $320.29 million +6.5%1.7%2.2 $85.41 11/30/20233,520,000 shares $318.38 million +2.6%1.6%2 $90.45 11/15/20233,430,000 shares $295.87 million -3.7%1.6%2.1 $86.26 10/31/20233,560,000 shares $297.65 million +1.1%1.6%2.1 $83.61 10/15/20233,520,000 shares $307.01 million -0.6%1.6%2.2 $87.22 9/30/20233,540,000 shares $303.45 million -10.2%1.6%2.3 $85.72 9/15/20233,940,000 shares $333.56 million +11.6%1.8%2.6 $84.66 8/31/20233,530,000 shares $304.48 million -0.8%1.6%2.3 $86.26 8/15/20233,560,000 shares $299.29 million +18.7%1.6%2.3 $84.07 7/31/20233,000,000 shares $245.96 million -7.7%1.4%1.9 $81.99 7/15/20233,250,000 shares $253.60 million +1.3%1.5%2 $78.03 6/30/20233,210,000 shares $244.28 million +15.1%1.4%2 $76.10 6/15/20232,790,000 shares $200.52 million -2.1%1.3%1.8 $71.87 5/31/20232,850,000 shares $193.94 million -14.4%1.3%1.7 $68.05 5/15/20233,330,000 shares $235.70 million No Change1.5%1.9 $70.78 4/30/20233,330,000 shares $251.51 million -2.9%1.5%2 $75.53 4/15/20233,430,000 shares $267.23 million -6.8%1.5%2.1 $77.91 3/31/20233,680,000 shares $268.46 million -3.2%1.7%2.3 $72.95 3/15/20233,800,000 shares $258.97 million -15.6%1.7%2.4 $68.15 2/28/20234,500,000 shares $333.45 million +6.9%2.0%3 $74.10 2/15/20234,210,000 shares $322.07 million +2.9%1.9%2.9 $76.50 1/31/20234,090,000 shares $306.83 million -11.5%1.8%2.9 $75.02 1/15/20234,620,000 shares $348.35 million +2.9%2.1%3.1 $75.40 12/30/20224,490,000 shares $330.02 million +2.5%2.0%1.9 $73.50 12/15/20224,380,000 shares $311.46 million -14.0%2.0%1.8 $71.11 11/30/20225,090,000 shares $378.65 million -12.7%2.3%2 $74.39 11/15/20225,830,000 shares $432.53 million +3.0%2.6%2.4 $74.19 10/31/20225,660,000 shares $386.97 million -21.5%2.6%2.3 $68.37 10/15/20227,210,000 shares $468.36 million +85.4%3.2%3 $64.96 9/30/20223,890,000 shares $234.72 million -1.5%1.8%1.7 $60.34 9/15/20223,950,000 shares $284.99 million +6.8%1.8%2.4 $72.15get a piece of the profit from this land (Ad)This isn’t the prettiest land on earth. But it might be the most valuable. And you don’t have to own, lease, or rent any land.Click here to see my #1 investment for 2024. TRGP Short Interest - Frequently Asked Questions What is Targa Resources' current short interest? Short interest is the volume of Targa Resources shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 4,470,000 shares of TRGP short. 2.06% of Targa Resources' shares are currently sold short. Learn More on Targa Resources' current short interest. What is a good short interest ratio for Targa Resources? 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. TRGP shares currently have a short interest ratio of 2.0. Learn More on Targa Resources's short interest ratio. Which institutional investors are shorting Targa Resources? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Targa Resources: Walleye Trading LLC, Yaupon Capital Management LP, Jane Street Group LLC, Paloma Partners Management Co, PEAK6 Investments LLC, Twin Tree Management LP, Capstone Investment Advisors LLC, Concourse Financial Group Securities Inc., and Portman Square Capital LLP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Targa Resources? 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. 2.06% of Targa Resources' floating shares are currently sold short. Is Targa Resources' short interest increasing or decreasing? Targa Resources saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 4,470,000 shares, an increase of 12.0% from the previous total of 3,990,000 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. What is Targa Resources' float size? Targa Resources currently has issued a total of 221,717,000 shares. Some of Targa Resources' 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. Targa Resources currently has a public float of 217,310,000 shares. How does Targa Resources' short interest compare to its competitors? 2.06% of Targa Resources' shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to Targa Resources: Kinder Morgan, Inc. (2.27%), The Williams Companies, Inc. (1.75%), Western Midstream Partners, LP (3.61%), TC Energy Co. (1.54%), Antero Midstream Co. (4.11%), DT Midstream, Inc. (3.14%), Energy Transfer LP (1.15%), Enterprise Products Partners L.P. (1.23%), Cheniere Energy Partners, L.P. (2.70%), Pembina Pipeline Co. (1.38%), 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 Targa Resources stock? Short selling TRGP is an investing strategy that aims to generate trading profit from Targa Resources as its price is falling. TRGP shares are trading up $1.54 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 Targa Resources? A short squeeze for Targa Resources 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 TRGP, which in turn drives the price of the stock up even further. How often is Targa Resources' 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 TRGP, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: KMI Short Squeeze WMB Short Squeeze WES Short Squeeze TRP Short Squeeze AM Short Squeeze DTM Short Squeeze ET Short Squeeze EPD Short Squeeze CQP Short Squeeze PBA 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:TRGP) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill Publishing[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaDems have chosen Biden replacement?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersPOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society41 banks launch ‘crypto dollar’Stansberry Research