Peloton Interactive (PTON) Short Interest Ratio & Short Volume

Short interest is the volume of Peloton Interactive shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 54,180,000 shares of PTON short. Learn More on Peloton Interactive's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. PTON shares currently have a short interest ratio of 4.0. Learn More on Peloton Interactive's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Peloton Interactive: Concourse Financial Group Securities Inc., IMC Chicago LLC, Nomura Holdings Inc., and Goldman Sachs Group Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Peloton Interactive saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 54,180,000 shares, an increase of 6.9% from the previous total of 50,660,000 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 compare to Peloton Interactive: Fox Factory Holding Corp. (5.45%), Topgolf Callaway Brands Corp. (10.02%), YETI Holdings, Inc. (13.34%), Acushnet Holdings Corp. (17.13%), Perdoceo Education Co. (8.19%), La-Z-Boy Incorporated (5.86%), American Woodmark Co. (1.98%), Madison Square Garden Entertainment Corp. (5.21%), Leggett & Platt, Incorporated (7.60%), OneSpaWorld Holdings Limited (1.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling PTON is an investing strategy that aims to generate trading profit from Peloton Interactive as its price is falling. PTON shares are trading down $0.18 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 Peloton Interactive 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 PTON, 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 PTON, twice per month. The most recent reporting period available is April, 30 2024.