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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NASDAQ:PFG

Principal Financial Group Short Interest Ratio and Short Volume

$56.58
-1.79 (-3.07 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$55.57
Now: $56.58
$57.65
50-Day Range
$49.27
MA: $53.41
$60.45
52-Week Range
$23.31
Now: $56.58
$61.57
Volume2.29 million shs
Average Volume1.58 million shs
Market Capitalization$15.42 billion
P/E Ratio12.83
Dividend Yield3.96%
Beta1.64

Short Interest

Principal Financial Group (NASDAQ:PFG) Short Interest Data

Current Short Volume3,830,000 shares
Previous Short Volume2,610,000 shares
Change Vs. Previous Month:+46.74%
Dollar Volume Sold Short$216.70 million
Short Interest Ratio / Days to Cover2.0
Last Record DateFebruary, 12 2021
Outstanding Shares278,600,000 shares
Float Size271,200,000 shares
Short Percent of Float1.41%
Today's Trading Volume2,289,900 shares
Average Trading Volume1,577,279 shares
Today's Volume Vs. Average45.18%

Short Interest Over Time


Principal Financial Group (NASDAQ:PFG) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20213,830,000 shares $216.70 million +46.7%1.4%2.5 $56.58
1/29/20212,610,000 shares $141.51 million +23.1%1.0%1.7 $54.22
1/15/20212,120,000 shares $111.41 million -1.4%0.8%1.4 $52.55
12/31/20202,180,000 shares $112.92 million -17.7%0.8%1.4 $51.80
12/15/20202,180,000 shares $106.41 million -17.7%0.8%1.4 $48.81
11/30/20202,650,000 shares $127.07 million -20.7%1.0%1.8 $47.95
11/15/20203,340,000 shares $166.30 million +15.6%1.2%2.4 $49.79
10/30/20202,890,000 shares $133.81 million -8.0%1.1%2.2 $46.30
10/15/20203,140,000 shares $123.56 million -16.5%1.2%2.4 $39.35

Principal Financial Group (NASDAQ:PFG) Short Interest FAQ

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What is Principal Financial Group's current short interest?

Short interest is the volume of Principal Financial Group shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 3,830,000 shares of PFG short. 1.41% of Principal Financial Group's shares are currently sold short. View details.

What is a good short interest ratio for Principal Financial Group?

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. Principal Financial Group currently has a short interest ratio of 2.0.

What is a good short interest percentage for Principal Financial Group?

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. 1.41% of Principal Financial Group's floating shares are currently sold short.

Is Principal Financial Group's short interest increasing or decreasing?

Principal Financial Group saw a increase in short interest during the month of February. As of February 12th, there was short interest totaling 3,830,000 shares, an increase of 46.7% from the previous total of 2,610,000 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.

What is Principal Financial Group's float size?

Principal Financial Group currently has issued a total of 272,614,000 shares. Some of Principal Financial Group'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. Principal Financial Group currently has a public float of 271,200,000 shares.

How does Principal Financial Group's short interest compare to its competitors?

1.41% of Principal Financial Group's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Principal Financial Group: Zurich Insurance Group AG (0.00%), AXA SA (0.00%), Brookfield Asset Management Inc. (0.98%), Banco Santander, S.A. (0.00%), China Life Insurance Company Limited (0.00%), Australia and New Zealand Banking Group Limited (0.00%), Marsh & McLennan Companies, Inc. (0.96%), Equinix, Inc. (REIT) (0.00%), ICICI Bank Limited (0.00%), and UBS Group AG (0.23%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Principal Financial Group stock?

Short selling PFG is an investing strategy that aims to generate trading profit from Principal Financial Group as its price is falling. Principal Financial Group's stock is trading down $1.79 today. To short Principal Financial Group 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 Principal Financial Group 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.

How does a short squeeze work against Principal Financial Group?

A short squeeze for Principal Financial Group 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 PFG, which in turn drives the price of the stock up even further.

How often is Principal Financial Group's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PFG, twice per month. The most recent reporting period available is February, 12 2021.



This page was last updated on 3/1/2021 by MarketBeat.com Staff

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