PRT · PermRock Royalty Trust · Short Interest

$1.42 -0.02 (-1.39%) At close · Nov 12

Customer concentration — top customer 34.3% of revenue

One customer — 34.3% of revenue (the year ended December 31, 2025)

“For the year ended December 31, 2025, T2S reported that Phillips 66, Plains All American Pipeline, Energy Transfer Partners, and Enterprise Crude Oil LLC accounted for 34.34%, 17.01%, 16.31%, and 14.69% respectively, of its total oil and natural gas revenues”

One customer — 17% of revenue (the year ended December 31, 2025)

“For the year ended December 31, 2025, T2S reported that Phillips 66, Plains All American Pipeline, Energy Transfer Partners, and Enterprise Crude Oil LLC accounted for 34.34%, 17.01%, 16.31%, and 14.69% respectively, of its total oil and natural gas revenues”

One customer — 16.3% of revenue (the year ended December 31, 2025)

“For the year ended December 31, 2025, T2S reported that Phillips 66, Plains All American Pipeline, Energy Transfer Partners, and Enterprise Crude Oil LLC accounted for 34.34%, 17.01%, 16.31%, and 14.69% respectively, of its total oil and natural gas revenues”

One customer — 14.7% of revenue (the year ended December 31, 2025)

“For the year ended December 31, 2025, T2S reported that Phillips 66, Plains All American Pipeline, Energy Transfer Partners, and Enterprise Crude Oil LLC accounted for 34.34%, 17.01%, 16.31%, and 14.69% respectively, of its total oil and natural gas revenues”

View the 10-K filed Mar 27, 2026

Market Cap

$17.28M

12.17M

Volume · Nov 12 11.46K Avg daily vol (3M) 35.87K

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

Pull short interest history through the short interest API or MCP →

PRT Latest Reported Short Interest

FINRA reported 73,511 PRT shares sold short as of the October 30, 2026 settlement date, an increase of 1,310 shares. Days to cover was 1.62 based on FINRA's reported average daily volume.

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

PRT Short Interest Forecast

Equibles' model estimates 78,209 shares sold short for the November 13, 2026 settlement, +6.4% versus the latest reported position, with a likely range of 50,879 to 113,358 shares. This model prediction uses FINRA data through November 12, 2026; FINRA's official release is expected November 24, 2026.

Model estimate

Expected Nov 13 short interest

as of Nov 12 Medium confidence 59% chance it rises

78,209 +6.4% vs reported

Likely range 50,879 to 113,358 The latest estimate appears in the chart below. Official release expected Nov 24. Methodology

Short Squeeze Score

43/100

Short interest 0.6% of shares — P35 Days to cover 1.6 — P32 Price vs VWAP -20.1% — P24 Short-volume trend +6.4% — P77 Short interest change +1.8% — P63 Worst FTD 0.01% of shares — P43

Positioning score 42.7 + 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 (2026-10-30). 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.

No active listed options were found.

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 2026-11-13 09:48 UTC. Options model values may come from a cached snapshot; their original computation time is not supplied. Open interest has its own effective date.

1M 3M 6M 1Y 5Y All

Short Interest History

Settlement Date	Current Position	Previous Position	Change	Avg Daily Volume	Days to Cover
2026-11-30 Scheduled FINRA publishes Dec 9	—	—	—	—	—
2026-11-13 Scheduled FINRA publishes Nov 24	—	—	—	—	—
2026-10-30	73,511	72,201	+1,310	45,431	1.62
2026-10-15	72,201	76,488	-4,287	33,640	2.15
2026-09-30	76,488	55,031	+21,457	26,704	2.86
2026-09-15	55,031	57,188	-2,157	28,782	1.91
2026-08-31	57,188	54,126	+3,062	24,209	2.36
2026-08-14	54,126	65,598	-11,472	27,212	1.99
2026-07-31	65,598	95,463	-29,865	27,020	2.43
2026-07-15	95,463	119,355	-23,892	50,094	1.91
2026-06-30	119,355	92,312	+27,043	49,438	2.41
2026-06-15	92,312	111,144	-18,832	70,453	1.31
2026-05-29	111,144	70,738	+40,406	97,272	1.14
2026-05-15	70,738	86,989	-16,251	82,813	1.00
2026-04-30	86,989	132,489	-45,500	74,905	1.16
2026-04-15	132,489	135,247	-2,758	59,463	2.23
2026-03-31	135,247	127,431	+7,816	51,395	2.63
2026-03-13	127,431	143,203	-15,772	55,089	2.31
2026-02-27	143,203	138,704	+4,499	28,588	5.01
2026-02-13	138,704	137,935	+769	47,561	2.92
2026-01-30	137,935	132,062	+5,873	64,172	2.15
2026-01-15	132,062	134,464	-2,402	72,317	1.83
2025-12-31	134,464	131,414	+3,050	128,083	1.05
2025-12-15	131,414	119,874	+11,540	31,947	4.11
2025-11-28	119,874	127,065	-7,191	22,605	5.30
2025-11-14	127,065	128,584	-1,519	37,789	3.36

Full FINRA short interest reporting calendar

Showing 1–24 of 24 settlements

Key facts CIK 1724009 CUSIP 714254109 13F (30d) 13 filings 12 filers Visit website