PLAYSTUDIOS (MYPS) Short Interest Ratio & Short Volume

Short interest is the volume of PLAYSTUDIOS shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 733,400 shares of MYPS short. 0.84% of PLAYSTUDIOS's shares are currently sold short. Learn More on PLAYSTUDIOS'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. MYPS shares currently have a short interest ratio of 2.0. Learn More on PLAYSTUDIOS's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.84% of PLAYSTUDIOS's floating shares are currently sold short.

PLAYSTUDIOS saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 733,400 shares, a decline of 1.9% from the previous total of 747,400 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.

PLAYSTUDIOS currently has issued a total of 136,210,000 shares. Some of PLAYSTUDIOS's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. PLAYSTUDIOS currently has a public float of 87,710,000 shares.

0.84% of PLAYSTUDIOS's shares are currently sold short. Here is how the short interest of companies compare to PLAYSTUDIOS: Forge Global Holdings, Inc. (3.94%), Sharecare, Inc. (2.43%), Golden Matrix Group, Inc. (0.31%), GreenTree Hospitality Group Ltd. (0.06%), Codere Online Luxembourg, S.A. (1.42%), Lincoln Educational Services Co. (0.81%), Hamilton Beach Brands Holding (2.00%), AMMO, Inc. (3.16%), iHeartMedia, Inc. (4.09%), The E.W. Scripps Company (8.77%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling MYPS is an investing strategy that aims to generate trading profit from PLAYSTUDIOS as its price is falling. MYPS shares are trading down $0.06 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 PLAYSTUDIOS occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of MYPS, 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 MYPS, twice per month. The most recent reporting period available is March, 31 2024.