Pointer Telocation (PNTR) Short Interest Ratio & Short Volume

Short interest is the volume of Pointer Telocation shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 2,800 shares of PNTR short. 0.04% of Pointer Telocation's shares are currently sold short. Learn More on Pointer Telocation'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. 0.04% of Pointer Telocation's floating shares are currently sold short.

Pointer Telocation saw a drop in short interest in September. As of September 15th, there was short interest totaling 2,800 shares, a drop of 54.8% from the previous total of 6,200 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.

Pointer Telocation currently has issued a total of 8,130,000 shares. Some of Pointer Telocation'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. Pointer Telocation currently has a public float of 6,570,000 shares.

0.04% of Pointer Telocation's shares are currently sold short. Here is how the short interest of companies in the sector of "industrials" compare to Pointer Telocation: ARC Document Solutions, Inc. (0.25%), Innovative Solutions and Support, Inc. (0.19%), Manitex International, Inc. (1.23%), Perma-Fix Environmental Services, Inc. (1.68%), Shimmick Co. (2.05%), Shengfeng Development Limited (8.27%), FreightCar America, Inc. (1.51%), Aqua Metals, Inc. (3.45%), Performant Financial Co. (0.82%), TechPrecision Co. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($2.11 billion), McCormick & Company, Incorporated ($1.33 billion), Zoom Video Communications, Inc. ($870.07 million), TAL Education Group ($769.71 million), Alteryx, Inc. ($684.01 million), Versum Materials Inc ($551.44 million), Pinterest, Inc. ($421.38 million), Stitch Fix, Inc. ($354.92 million), II-VI Incorporated ($351.47 million), and Zogenix, Inc. ($346.69 million). View all of the most shorted stocks.

Short selling PNTR is an investing strategy that aims to generate trading profit from Pointer Telocation 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 Pointer Telocation 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 PNTR, 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 PNTR, twice per month. The most recent reporting period available is September, 15 2019.