Northern Oil and Gas Inc [NOG] short interest surges, jumping by 21.38 million million shares

CHWY Stock

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Northern Oil and Gas Inc shares valued at $163,320 were purchased by Allen Chad W on Jun 02 ’25. At $27.22 per share, Allen Chad W acquired 6,000 shares.

Also, Dirlam Adam A. purchased 17,160 shares, netting a total of over 463,320 in proceeds.

Before that, O’GRADY NICHOLAS L. had added 1,000 shares to its account. In a trade valued at $27,480, the CEO bought Northern Oil and Gas Inc shares for $27.48 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $5.26 million.

As published in a research note from Morgan Stanley on August 18, 2025, Northern Oil and Gas Inc [NOG] has been rated down from an Equal-weight to an Underweight and the price target has been revised to $27. Analysts at CapitalOne downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in late February. As of December 16, 2024, Mizuho has decreased its “an Outperform” rating to a “Neutral” for NOG. Earlier on November 20, 2024, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for NOG stock which previously was a “an Outperform”.

Analyzing NOG Stock Performance

On last trading session, Northern Oil and Gas Inc [NYSE: NOG] rose 0.48% to $23.24. The stock’s lowest price that day was $22.745, but it reached a high of $23.37 in the same session. During the last five days, there has been a drop of approximately -6.52%. Over the course of the year, Northern Oil and Gas Inc shares have dropped approximately -39.79%. Shares of the company reached a 52-week high of $42.35 on 01/16/25 and a 52-week low of $19.88 on 04/09/25.

Support And Resistance Levels for Northern Oil and Gas Inc (NOG)

According to the 24-hour chart, there is a support level at 22.87, which, if violated, would cause prices to drop to 22.49. In the upper region, resistance lies at 23.49. The next price resistance is at 23.74. RSI (Relative Strength Index) is 31.92 on the 14-day chart, showing neutral technical sentiment.

Is Northern Oil and Gas Inc subject to short interest?

Stocks of Northern Oil and Gas Inc saw a sharp rise in short interest on 2025-07-31 jumping by 2.28 million shares to 21.38 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 19.1 million shares. A jump of 10.65% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 12.23 of the overall float, the days-to-cover ratio (short ratio) jumped to 12.23.

Which companies own the most shares of Northern Oil and Gas Inc (NOG)?

In terms of Northern Oil and Gas Inc share price expectations, FactSet research, analysts set an average price target of 34 in the next 12 months, up nearly 47.0% from the previous closing price of $23.13. Analysts anticipate Northern Oil and Gas Inc stock to reach 34 by 2025, with the lowest price target being 34. In spite of this, 4 analysts ranked Northern Oil and Gas Inc stock as Buy at the end of 2025. On October 03, 2024, Jefferies assigned a price target of “a Buy” to the stock and resumed coverage with a $53.

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