The short interest of SDRL now is 23.81% of the float share. This probably is the highest YTD. There were three short squeezes on March, April and Sept due to rumors from news. It seems like if there is another squeeze for SDRL, the short term return can be > 100~300%.
This is the historical short interest of Seadrill Ltd, as measured by the Short Percentage Of Float.
Date
Short Interest (%)
Short Interest (Shares in Mil)
October 31, 2016
22.42
82.88
October 14, 2016
21.44
79.29
September 30, 2016
22.16
81.94
September 15, 2016
20.37
75.33
August 31, 2016
19.74
72.99
August 15, 2016
19.44
71.87
July 29, 2016
18.36
67.89
July 15, 2016
19.14
70.78
June 30, 2016
19.94
73.73
June 15, 2016
17.28
63.90
About Timeless Investor
My name is Samual Lau. I am a long-term value investor and a zealous disciple of Ben Graham. And I am a MBA graduated in May 2010 from Carnegie Mellon University. My concentrations are Finance, Strategy and Marketing.