Newmont Sees Significant Decline in Short Interest

Gold mining company's short interest drops 14.8% in March

Apr. 17, 2026 at 11:06pm

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A high-contrast, close-up image of the gears, levers, and heavy equipment used in a gold mining operation, conveying the industrial might and financial security of the mining industry.The complex machinery and infrastructure powering Newmont's gold mining operations reflect the company's financial stability and institutional strength.Greenwood Village Today

Newmont Corporation (NYSE:NEM), a leading global gold mining company, saw a significant decrease in short interest during the month of March. As of March 31st, the company's short interest totaled 18,103,460 shares, a 14.8% drop from the March 15th total of 21,256,668 shares. This represents approximately 1.7% of Newmont's total shares outstanding.

Why it matters

The decline in short interest suggests that investors are becoming more bullish on Newmont's prospects, potentially driven by factors such as the company's strong financial performance, rising gold prices, and positive market sentiment towards the mining sector.

The details

Based on Newmont's average daily trading volume of 14,185,189 shares, the current short-interest ratio is 1.3 days, meaning it would take short sellers just over a day to cover their positions. The company's stock price has risen significantly in the past year, reaching a 52-week high of $134.88 in February 2026.

  • As of March 31st, 2026, Newmont's short interest totaled 18,103,460 shares.
  • This represents a 14.8% decrease from the March 15th, 2026 total of 21,256,668 shares.

The players

Newmont Corporation

A leading global gold mining company engaged in the exploration, development, processing, and reclamation of gold properties.

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The takeaway

The significant decline in Newmont's short interest suggests that investors are becoming more optimistic about the company's future prospects, which could be driven by factors such as its strong financial performance, rising gold prices, and positive market sentiment towards the mining sector.