Flaherty & Crumrine Preferred Income Opportunity Fund (PFO) Short Interest Ratio & Short Volume

Short interest is the volume of Flaherty & Crumrine Preferred Income Opportunity Fund shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 8,000 shares of PFO short. Learn More on Flaherty & Crumrine Preferred Income Opportunity Fund's current short interest.

Flaherty & Crumrine Preferred Income Opportunity Fund saw a decrease in short interest in May. As of May 15th, there was short interest totaling 8,000 shares, a decrease of 40.3% from the previous total of 13,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Flaherty & Crumrine Preferred Income Opportunity Fund: BlackRock MuniAssets Fund, Inc. (0.26%), Horizon Technology Finance Co. (1.75%), BlackRock MuniYield New York Quality Fund, Inc. (0.15%), Tortoise Energy Infrastructure Co. (0.14%), Abrdn Life Sciences Investors (0.27%), DWS Municipal Income Trust (0.07%), Barings Corporate Investors (0.07%), Source Capital, Inc. (0.10%), Putnam Premier Income Trust (0.13%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling PFO is an investing strategy that aims to generate trading profit from Flaherty & Crumrine Preferred Income Opportunity Fund as its price is falling. PFO shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Flaherty & Crumrine Preferred Income Opportunity Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PFO, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PFO, twice per month. The most recent reporting period available is May, 15 2024.