Short interest in Nordic American Tankers Ltd (NYSE:NAT) increased during the last reporting period, rising from 6.52M to 7.27M. This put 3.6% of the company's publicly available shares short.

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

Based on the recent average volume of 1.99M shares traded per day, it would take 3.65 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.