Nextdecade Corp Stock Short Ratio

NEXT Stock  USD 7.06  0.06  0.84%   
Nextdecade Corp fundamentals help investors to digest information that contributes to Nextdecade Corp's financial success or failures. It also enables traders to predict the movement of Nextdecade Stock. The fundamental analysis module provides a way to measure Nextdecade Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nextdecade Corp stock.
  
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Nextdecade Corp Company Short Ratio Analysis

Nextdecade Corp's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

 = 

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Nextdecade Corp Short Ratio

    
  8.93 X  
Most of Nextdecade Corp's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nextdecade Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nextdecade Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Nextdecade Corp is extremely important. It helps to project a fair market value of Nextdecade Stock properly, considering its historical fundamentals such as Short Ratio. Since Nextdecade Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nextdecade Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nextdecade Corp's interrelated accounts and indicators.
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Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Competition

Based on the latest financial disclosure, Nextdecade Corp has a Short Ratio of 8.93 times. This is 73.74% higher than that of the Oil, Gas & Consumable Fuels sector and 128.97% higher than that of the Energy industry. The short ratio for all United States stocks is 123.25% lower than that of the firm.

Nextdecade Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextdecade Corp's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextdecade Corp could also be used in its relative valuation, which is a method of valuing Nextdecade Corp by comparing valuation metrics of similar companies.
Nextdecade Corp is currently under evaluation in short ratio category among its peers.

Nextdecade Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nextdecade Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextdecade Corp's managers, analysts, and investors.
Environmental
Governance
Social

Nextdecade Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Nextdecade Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nextdecade Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nextdecade Corp's value.
Shares
Catalyst Capital Advisors Llc2024-09-30
3.6 M
Geode Capital Management, Llc2024-09-30
M
Tortoise Midstream Energy Fund, Inc.2024-09-30
2.9 M
Adage Capital Partners Gp Llc2024-09-30
2.5 M
State Street Corp2024-09-30
2.3 M
Bank Of America Corp2024-06-30
2.3 M
Mirae Asset Global Etfs Holdings Ltd.2024-09-30
2.1 M
Wolf Hill Capital Management, Lp2024-09-30
1.9 M
Citadel Advisors Llc2024-09-30
1.5 M
Blackrock Inc2024-06-30
18.9 M
Mubadala Investment Company Pjsc2024-09-30
14.2 M

Nextdecade Fundamentals

About Nextdecade Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nextdecade Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextdecade Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextdecade Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Nextdecade Stock Analysis

When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.