Daily Short Volume Flow
According to FINRA Reg SHO data for November 10, 2026, CNX Resources Corp. (CNX) exhibited a high off-exchange short-volume ratio of 90.4%. This figure represents a deviation of +2.5 standard deviations from the stock's 20-session average, signaling a notable increase in daily short-selling pressure.
Contextualizing the Data
It is critical to distinguish that this data reflects daily trading flow (the number of shares marked short on trades that day) rather than open short interest. While a high ratio does not confirm a long-term bearish thesis or an impending squeeze, it highlights that market makers and other participants were heavily utilizing short-selling mechanisms during the session. Investors should monitor whether this flow translates into sustained growth in open short interest in future reports.
Signal data sourced from Kresmion. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.