TBN · Tamboran Resources Corp · Short Interest
Substantial doubt about the company's ability to continue as a going concern.
“While these factors raise substantial doubt regarding the Group's ability to continue as a going concern for the 12 months following the date these condensed consolidated financial statements were available for issuance, the Company has achieved several milestones subsequent to the end of the quarter that indicate positive progress toward addressing this substantial doubt in future periods. Based on progress achieved to date and the Company's current execution plan, management expects to be better positioned to evaluate the alleviation of substantial doubt in connection with the Group's annual financial statements, subject to continued successful execution of these operational plans.”View the 10-Q filed May 13, 2026
Shares sold short and not yet covered, reported twice monthly. Days to cover is the reported short position divided by average daily volume.
TBN Latest Reported Short Interest
FINRA reported 520,619 TBN shares sold short as of the August 31, 2026 settlement date, a decrease of 22,694 shares. Days to cover was 4.64 based on FINRA's reported average daily volume.
Official FINRA short-interest data · share counts are restated for subsequent splits of this listing
TBN Short Interest Forecast
Equibles' model estimates 537,692 shares sold short for the September 15, 2026 settlement, +3.3% versus the latest reported position, with a likely range of 454,754 to 621,219 shares. This model prediction uses FINRA data through September 11, 2026; FINRA's official release is expected September 24, 2026.
Expected Sep 15 short interest
as of Sep 11 Low confidence 54% chance it fallsPositioning score 58.3 + 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 (2026-08-31). 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 2026-09-13 08:20 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 |
|---|---|---|---|---|
|
2026-09-30
Scheduled
FINRA publishes Oct 9
|
— | — | — | — |
|
2026-09-15
Scheduled
FINRA publishes Sep 24
|
— | — | — | — |
| 2026-08-31 | 520,619 | 543,313 | -22,694 | 4.64 |
| 2026-08-14 | 543,313 | 1,064,793 | -521,480 | 6.06 |
| 2026-07-31 | 1,064,793 | 931,512 | +133,281 | 7.30 |
| 2026-07-15 | 931,512 | 1,219,171 | -287,659 | 7.24 |
| 2026-06-30 | 1,219,171 | 1,119,734 | +99,437 | 4.19 |
| 2026-06-15 | 1,119,734 | 1,100,571 | +19,163 | 3.85 |
| 2026-05-29 | 1,100,571 | 906,623 | +193,948 | 3.97 |
| 2026-05-15 | 906,623 | 873,650 | +32,973 | 6.39 |
| 2026-04-30 | 873,650 | 826,012 | +47,638 | 5.69 |
| 2026-04-15 | 826,012 | 710,315 | +115,697 | 1.94 |
| 2026-03-31 | 710,315 | 745,418 | -35,103 | 5.17 |
| 2026-03-13 | 745,418 | 534,769 | +210,649 | 9.22 |
| 2026-02-27 | 534,769 | 482,753 | +52,016 | 6.22 |
| 2026-02-13 | 482,753 | 474,213 | +8,540 | 11.84 |
| 2026-01-30 | 474,213 | 418,359 | +55,854 | 7.90 |
| 2026-01-15 | 418,359 | 377,356 | +41,003 | 12.09 |
| 2025-12-31 | 377,356 | 336,544 | +40,812 | 10.66 |
| 2025-12-15 | 336,544 | 231,646 | +104,898 | 5.83 |
| 2025-11-28 | 231,646 | 171,989 | +59,657 | 6.17 |
| 2025-11-14 | 171,989 | 145,521 | +26,468 | 4.50 |
| 2025-10-31 | 145,521 | 190,067 | -44,546 | 1.46 |
| 2025-10-15 | 190,067 | 8,715 | +181,352 | 1.50 |
| 2025-09-30 | 8,715 | 14,113 | -5,398 | 1.00 |
| 2025-09-15 | 14,113 | 14,808 | -695 | 1.00 |
Full FINRA short interest reporting calendar