1347 Property Insurance (PIH) Short Interest Ratio & Short Volume

Short interest is the volume of 1347 Property Insurance shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 1,300 shares of PIH short. 0.03% of 1347 Property Insurance's shares are currently sold short. Learn More on 1347 Property Insurance'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. 0.03% of 1347 Property Insurance's floating shares are currently sold short.

1347 Property Insurance saw a decrease in short interest in November. As of November 30th, there was short interest totaling 1,300 shares, a decrease of 74.5% from the previous total of 5,100 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.

1347 Property Insurance currently has issued a total of 4,957,000 shares. Some of 1347 Property Insurance'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. 1347 Property Insurance currently has a public float of 4,840,000 shares.

0.03% of 1347 Property Insurance's shares are currently sold short. Here is how the short interest of companies compare to 1347 Property Insurance: NI Holdings, Inc. (0.76%), James River Group Holdings, Ltd. (3.49%), Kingstone Companies, Inc. (3.50%), Maiden Holdings, Ltd. (2.78%), ICC Holdings, Inc. (0.49%), Fundamental Global Inc. (0.56%), Oxbridge Re Holdings Limited (0.68%), Conifer Holdings, Inc. (0.42%), The Progressive Co. (1.17%), Chubb Limited (0.73%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.79 billion), Aon plc ($4.20 billion), Analog Devices, Inc. ($3.66 billion), Moderna, Inc. ($3.51 billion), Uber Technologies, Inc. ($3.24 billion), Snap Inc. ($3.07 billion), The Clorox Company ($2.65 billion), The Kroger Co. ($2.24 billion), International Flavors & Fragrances Inc. ($2.08 billion), and Expedia Group, Inc. ($1.86 billion). View all of the most shorted stocks.

Short selling PIH is an investing strategy that aims to generate trading profit from 1347 Property Insurance as its price is falling. PIH shares are trading down $0.66 today. 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 1347 Property Insurance 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 PIH, 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 PIH, twice per month. The most recent reporting period available is November, 30 2020.