Civeo's short percent of float has risen 34.04% since its last report, with 359 thousand shares sold short, accounting for 3.82% of all regular shares available for trading. The short interest increase can signal bearish market sentiment, but it can also be bullish if traders expect the stock to fall. Civeo has less short interest than its peers, with an average of 5.82% for its peer group.
Civeo Corporation's short interest has risen significantly, with 359,400 shares sold short as of June 15, 2025. This represents a 34.04% increase from the previous report, with 3.82% of all regular shares available for trading now sold short [1]. The short interest ratio, also known as the "days to cover ratio," is currently at 4.0, indicating a balanced sentiment [1].
The rise in short interest can signal bearish market sentiment, as more investors are betting against Civeo's stock price. However, an increase in short interest can also be bullish if traders expect the stock to fall and cover their positions, leading to a potential short squeeze [1]. Civeo's short interest is lower than its peers, with an average of 5.82% for its peer group [2].
Civeo has issued a total of 13,450,000 shares, with a public float of 12,140,000 shares available for trading. The short interest as a percentage of float is 2.96%, indicating positive investor sentiment and few short sellers [1]. However, the recent increase in short interest suggests that some investors are becoming more pessimistic about Civeo's prospects.
Investors should monitor Civeo's short interest closely, as changes in short volume can provide insights into market sentiment. A decrease in short sale volume would suggest bullish sentiment, while an increase would indicate bearish sentiment [1].
References:
[1] https://www.marketbeat.com/stocks/NYSE/CVEO/short-interest/
[2] https://www.benzinga.com/insights/short-sellers/25/07/46326241/is-the-market-bullish-or-bearish-on-civeo
Comments
No comments yet