Short interest in New Found Gold Corp (AMEX:NFGC) increased during the last reporting period, rising from 4.49M to 4.95M. This put -% of the company's publicly available shares short.

Short interest for New Found Gold gives investors a sense of the degree to which investors are betting on the decline of New Found Gold's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 596.08K shares traded per day, it would take 8.3 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.