PureCycle Technologies (PCTTU) Short Interest Ratio & Short Volume

Short interest is the volume of PureCycle Technologies shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 100 shares of PCTTU short. Learn More on PureCycle Technologies' current short interest.

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

PureCycle Technologies saw a decrease in short interest in August. As of August 31st, there was short interest totaling 100 shares, a decrease of 66.7% from the previous total of 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.

Here is how the short interest of companies in the industry of "chemicals" compare to PureCycle Technologies: Linde plc (1.05%), Nutrien Ltd. (2.72%), ICL Group Ltd (0.29%), Axalta Coating Systems Ltd. (2.99%), Arcadium Lithium plc (5.79%), CSW Industrials, Inc. (3.61%), Element Solutions Inc (3.02%), Avient Co. (2.05%), Methanex Co. (1.26%), The Chemours Company (8.91%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.91 billion), Charter Communications, Inc. ($3.53 billion), Suncor Energy Inc. ($2.26 billion), T. Rowe Price Group, Inc. ($2.01 billion), Chesapeake Energy Co. ($1.92 billion), Lucid Group, Inc. ($1.84 billion), Plug Power Inc. ($1.81 billion), Williams-Sonoma, Inc. ($1.66 billion), Coinbase Global, Inc. ($1.64 billion), and Lumen Technologies, Inc. ($1.50 billion). View all of the most shorted stocks.

Short selling PCTTU is an investing strategy that aims to generate trading profit from PureCycle Technologies 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 PureCycle Technologies 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 PCTTU, 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 PCTTU, twice per month. The most recent reporting period available is August, 31 2022.