TRP Short Interest

TC Energy Corporation (TRP) operates in the Energy sector, specifically the Oil & Gas Midstream industry, with a market capitalization near $72.56B, listed on NYSE, employing roughly 6,668 people, carrying a beta of 0.98 to the broader market. TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. Led by Francois Lionel Poirier, public since 1982-09-20.

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
2026-06-15
Short Interest
22.9M
Previous Short Interest
15.7M
Change
45.68%
Days to Cover
11.38
Avg Daily Volume
2.0M
Avg Days to Cover (24 reports)
9.06

Showing 24 bi-monthly FINRA short interest reports for TC Energy Corporation.

Learn how short interest is reported and how to read the data →

Frequently asked TRP short interest questions

What is the current TRP short interest?
As of the Jun 15, 2026 settlement, TC Energy Corporation (TRP) short interest is 22.9M shares, a +45.68% 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 TRP days-to-cover ratio?
Days-to-cover is 11.38, 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 TRP 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.