Pangaea Logistics Solutions (PANL) Short Interest Ratio & Short Volume

Short interest is the volume of Pangaea Logistics Solutions shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 752,600 shares of PANL short. 3.12% of Pangaea Logistics Solutions' shares are currently sold short. Learn More on Pangaea Logistics Solutions' 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. PANL shares currently have a short interest ratio of 5.0. Learn More on Pangaea Logistics Solutions's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Pangaea Logistics Solutions: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 3.12% of Pangaea Logistics Solutions' floating shares are currently sold short.

Pangaea Logistics Solutions saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 752,600 shares, a drop of 6.2% from the previous total of 802,300 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.

Pangaea Logistics Solutions currently has issued a total of 46,470,000 shares. Some of Pangaea Logistics Solutions' 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. Pangaea Logistics Solutions currently has a public float of 24,100,000 shares.

3.12% of Pangaea Logistics Solutions' shares are currently sold short. Here is how the short interest of companies compare to Pangaea Logistics Solutions: SEACOR Marine Holdings Inc. (1.48%), Diana Shipping Inc. (1.89%), Overseas Shipholding Group, Inc. (1.43%), Capital Product Partners L.P. (0.40%), Eneti Inc. (4.73%), Himalaya Shipping Ltd. (0.28%), StealthGas Inc. (0.80%), Euroseas Ltd. (0.33%), Tufton Oceanic Assets (2.09%), Toro Corp. (1.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling PANL is an investing strategy that aims to generate trading profit from Pangaea Logistics Solutions as its price is falling. 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 Pangaea Logistics Solutions 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 PANL, 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 PANL, twice per month. The most recent reporting period available is November, 15 2023.