Short Interest in Greenfire Resources Ltd. (NYSE:GFR) Grows By 682.8%

Posted by Brian Himes on Aug 26th, 2026

Greenfire Resources Ltd. (NYSE:GFR – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 861,228 shares, a growth of 682.8% from the July 30th total of 110,018 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average trading volume of 399,498 shares, the short-interest ratio is presently 2.2 days.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. TD Securities upgraded shares of Greenfire Resources to a “strong-buy” rating in a research note on Thursday, July 23rd. Royal Bank Of Canada assumed coverage on shares of Greenfire Resources in a report on Monday, July 6th. They issued a “hold” rating on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Greenfire Resources in a report on Thursday, August 13th. Finally, BMO Capital Markets upgraded shares of Greenfire Resources from a “market perform” rating to an “outperform” rating and set a $11.50 target price for the company in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Greenfire Resources presently has an average rating of “Moderate Buy” and an average target price of $11.50.

View Our Latest Stock Analysis on GFR

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Deltroit Asset Management UK LLP purchased a new position in shares of Greenfire Resources during the 4th quarter valued at about $48,000. Raffles Associates LP purchased a new stake in Greenfire Resources in the 4th quarter worth approximately $50,000. WINTON GROUP Ltd purchased a new stake in Greenfire Resources in the 4th quarter worth approximately $64,000. Jane Street Group LLC bought a new stake in Greenfire Resources during the 4th quarter worth approximately $74,000. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in Greenfire Resources during the 1st quarter worth approximately $141,000. Institutional investors own 88.89% of the company’s stock.

Greenfire Resources Trading Down 2.3%

Shares of GFR stock opened at $6.21 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.96 and a quick ratio of 0.76. The company has a market cap of $779.17 million, a price-to-earnings ratio of -22.19 and a beta of 0.19. Greenfire Resources has a 1 year low of $4.15 and a 1 year high of $7.16. The firm has a fifty day moving average price of $6.08 and a 200-day moving average price of $6.06.

Greenfire Resources (NYSE:GFR – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.30. The company had revenue of $123.86 million for the quarter, compared to analysts’ expectations of $107.41 million. Greenfire Resources had a negative return on equity of 3.50% and a negative net margin of 6.36%.

About Greenfire Resources

(Get Free Report)

Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a situ thermal oil recovery process to recover diluted and non- diluted bitumen. The company is headquartered in Calgary, Canada.