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CNQ · CANADIAN NATURAL RESOURCES Ltd · Short Interest

Track CNQ — free
$47.07 -0.10 (-0.21%)
Market Cap
$98.26B
Shares
2.06B
Volume · Sep 30 4.38M Avg daily vol (3M) 6.94M

Shares sold short and not yet covered, reported twice monthly. Days to cover is the reported short position divided by average daily volume.

CNQ Latest Reported Short Interest

FINRA reported 182,920,552 CNQ shares sold short as of the September 15, 2026 settlement date, an increase of 69,750,384 shares. Days to cover was 22.08 based on FINRA's reported average daily volume.

Official FINRA short-interest data · share counts are restated for subsequent splits of this listing

CNQ Short Interest Forecast

Equibles' model estimates 181,103,075 shares sold short for the September 30, 2026 settlement, -1.0% versus the latest reported position, with a likely range of 159,055,052 to 199,952,216 shares. This model prediction uses FINRA data through September 30, 2026; FINRA's official release is expected October 9, 2026.

Model estimate

Expected Sep 30 short interest

as of Sep 30 Medium confidence 64% chance it falls
181,103,075 -1.0% vs reported
Likely range 159,055,052 to 199,952,216 The latest estimate appears in the chart below. Official release expected Oct 9. Methodology
Short Squeeze Score
85/100
Short interest 8.9% of shares — P86 Days to cover 22.1 — P97 Price vs VWAP +1.2% — P78 Short-volume trend +32.5% — P98 Short interest change +61.6% — P93 Worst FTD 0.00% of shares — P39

Positioning score 84.6 + catalyst boost 0 (total capped at 100). This is a screening index, not a probability of a squeeze.

Method and coverage limits

Factor percentiles compare eligible primary operating-company stocks reporting short interest at the latest settlement date (2026-09-15). The weighted mean uses short interest 30%, days to cover 20%, price vs VWAP 15%, short-volume trend 15%, short-interest change 10%, and fails-to-deliver 10%. Missing factors redistribute their weight; incomplete coverage is not evidence of low risk. Price, volume, and earnings boosts add 10 each, capped at 20.

Shares outstanding are not free float. Borrow fees, utilization, lendable supply, recalls, and dealer inventory are not measured. Short-sale volume does not measure the change in open shorts; fails to deliver are not a borrow-cost measurement; price vs VWAP does not establish short sellers' entry prices. Earnings can move prices in either direction.

The weights are judgment-based, not calibrated to future squeeze outcomes. The separate options assessment below does not change this universe ranking.

Options positioning & squeeze sensitivity

Nearest expiration after today within 30 calendar days; same-day expirations and later maturities are excluded.

Open interest is incomplete, stale, or dated inconsistently; positioning totals are unavailable.

Open interest has both a buyer and a seller; it does not reveal dealer hedge direction. Gross gamma sums both calls and puts without netting and uses a local 1% price-change approximation. It measures sensitivity, not predicted buying or a squeeze probability.

Assessment prepared 2026-09-30 23:08 UTC. Options model values may come from a cached snapshot; their original computation time is not supplied. Open interest has its own effective date.

Short Interest History

Settlement Date Current Position Previous Position Change Days to Cover
2026-10-15 Scheduled
FINRA publishes Oct 26
— — — —
2026-09-30 Scheduled
FINRA publishes Oct 9
— — — —
2026-09-15 182,920,552 113,170,168 +69,750,384 22.08
2026-08-31 113,170,168 57,647,400 +55,522,768 20.49
2026-08-14 57,647,400 48,494,402 +9,152,998 8.42
2026-07-31 48,494,402 47,565,794 +928,608 7.29
2026-07-15 47,565,794 95,572,175 -48,006,381 5.21
2026-06-30 95,572,175 112,605,424 -17,033,249 7.77
2026-06-15 112,605,424 51,596,398 +61,009,026 15.04
2026-05-29 51,596,398 13,559,429 +38,036,969 7.43
2026-05-15 13,559,429 9,862,575 +3,696,854 1.71
2026-04-30 9,862,575 22,608,646 -12,746,071 1.00
2026-04-15 22,608,646 100,415,896 -77,807,250 1.96
2026-03-31 100,415,896 147,646,153 -47,230,257 7.36
2026-03-13 147,646,153 62,811,682 +84,834,471 11.45
2026-02-27 62,811,682 17,031,243 +45,780,439 7.93
2026-02-13 17,031,243 18,820,401 -1,789,158 1.66
2026-01-30 18,820,401 16,854,795 +1,965,606 2.33
2026-01-15 16,854,795 73,217,989 -56,363,194 1.35
2025-12-31 73,217,989 178,691,536 -105,473,547 11.87
2025-12-15 178,691,536 80,077,561 +98,613,975 22.98
2025-11-28 80,077,561 17,315,945 +62,761,616 9.51
2025-11-14 17,498,862 16,256,509 +1,242,353 2.55
2025-10-31 16,256,509 11,423,867 +4,832,642 3.28
2025-10-15 11,423,867 58,097,035 -46,673,168 1.61
2025-09-30 58,097,035 181,742,216 -123,645,181 6.21

Full FINRA short interest reporting calendar

Showing 1–24 of 24 settlements
Key facts CIK 1017413 CUSIP 136385101 13F (30d) 12 filings 10 filers Visit website Investor relations