Points International Short Interest Ratio and Short Volume

Short interest is the volume of Points International shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 9,000 shares of PCOM short. 0.08% of Points International's shares are currently sold short. View details.

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. 0.08% of Points International's floating shares are currently sold short.

Points International saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 9,000 shares, a decrease of 62.3% from the previous total of 23,900 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 International currently has issued a total of 14,915,000 shares. Some of Points International'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 International currently has a public float of 11,290,000 shares.

0.08% of Points International's shares are currently sold short. Here is how the short interest of companies in the industry of "business services, not elsewhere classified" compare to Points International: QuinStreet, Inc. (1.71%), Liquidity Services, Inc. (4.26%), Gravity Co., Ltd. (0.00%), Viad Corp. (3.72%), Uxin Limited (0.00%), OptimizeRx Co. (0.00%), Advantage Solutions Inc. (6.03%), Newtek Business Services Corp. (0.00%), QIWI plc (0.00%), and Cass Information Systems, Inc. (1.72%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling PCOM is an investing strategy that aims to generate trading profit from Points International as its price is falling. Points International's stock is trading up $0.83 today. To short Points International 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 Points International 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 International 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 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 April, 15 2021.