NFG Short Interest
National Fuel Gas Company (NFG) operates in the Energy sector, specifically the Oil & Gas Integrated industry, with a market capitalization near $7.67B, listed on NYSE, employing roughly 2,311 people, carrying a beta of 0.42 to the broader market. National Fuel Gas Company operates as a diversified energy company. Led by David Bauer, public since 1973-05-03.
Short interest is the total number of shares currently sold short and not yet covered, reported bi-monthly by FINRA. Days to cover (short interest divided by average daily volume) indicates how long it would take short sellers to close positions, with higher values signaling greater squeeze potential.
- Settlement Date
- 2026-04-30
- Short Interest
- 4.5M
- Previous Short Interest
- 4.3M
- Change
- 4.35%
- Days to Cover
- 5.35
- Avg Daily Volume
- 840.1K
- Avg Days to Cover (24 reports)
- 4.97
Showing 24 bi-monthly FINRA short interest reports for National Fuel Gas Company.
Learn how short interest is reported and how to read the data →
Frequently asked NFG short interest questions
- What is the current NFG short interest?
- As of the Apr 30, 2026 settlement, National Fuel Gas Company (NFG) short interest is 4.5M shares, a +4.35% change from the prior period. FINRA publishes short interest twice monthly on the 15th and last business day of each month under Rule 4560.
- What is the NFG days-to-cover ratio?
- Days-to-cover is 5.35, calculated as short interest divided by average daily volume. It estimates how many trading days closing all short positions would consume given typical liquidity. Values above 5 days are commonly cited as elevated; values above 10 days are squeeze-relevant.
- How does NFG short interest affect options pricing?
- High short interest changes options pricing through three mechanics: borrow-rebate effects (synthetic long stock trades below frictionless put-call parity by approximately the borrow rebate when shares are hard-to-borrow), gamma-squeeze setup risk (if dealers are short gamma against retail call buying, dealer hedge flow can amplify upward moves), and elevated event-vol pricing on names with squeeze potential. See the canonical short-interest documentation for the full mechanism.