Points.com (PCOM) Short Interest Ratio & Short Volume

Short interest is the volume of Points.com shares that have been sold short but have not yet been covered or closed out. As of June 15th, investors have sold 23,000 shares of PCOM short. 0.17% of Points.com's shares are currently sold short. Learn More on Points.com's current short interest.

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. 0.17% of Points.com's floating shares are currently sold short.

Points.com saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 23,000 shares, a decline of 25.1% from the previous total of 30,700 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.

Points.com currently has issued a total of 14,943,000 shares. Some of Points.com'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. Points.com currently has a public float of 13,600,000 shares.

0.17% of Points.com's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to Points.com: ICF International, Inc. (2.85%), Aris Water Solutions, Inc. (9.84%), Global Blue Group Holding AG (0.92%), Jamf Holding Corp. (4.03%), Lightspeed Commerce Inc. (4.39%), Nayax Ltd. (0.72%), Coursera, Inc. (4.39%), BrightView Holdings, Inc. (7.61%), Adeia Inc. (2.57%), N-able, Inc. (4.35%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.58 billion), Occidental Petroleum Co. ($3.23 billion), Lucid Group, Inc. ($2.31 billion), Coinbase Global, Inc. ($1.73 billion), Snowflake Inc. ($1.71 billion), Chesapeake Energy Co. ($1.66 billion), Rivian Automotive, Inc. ($1.63 billion), Williams-Sonoma, Inc. ($1.51 billion), Lumen Technologies, Inc. ($1.40 billion), and Diamondback Energy, Inc. ($1.37 billion). View all of the most shorted stocks.

Short selling PCOM is an investing strategy that aims to generate trading profit from Points.com 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 Points.com 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 PCOM, 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 PCOM, twice per month. The most recent reporting period available is June, 15 2022.