Papaya Growth Opportunity Corp. I (PPYAU) Short Interest Ratio & Short Volume

Short interest is the volume of Papaya Growth Opportunity Corp. I shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 3,000 shares of PPYAU short. Learn More on Papaya Growth Opportunity Corp. I's current short interest.

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. PPYAU shares currently have a short interest ratio of 1.0. Learn More on Papaya Growth Opportunity Corp. I's short interest ratio.

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling PPYAU is an investing strategy that aims to generate trading profit from Papaya Growth Opportunity Corp. I 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 Papaya Growth Opportunity Corp. I 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 PPYAU, 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 PPYAU, twice per month. The most recent reporting period available is January, 31 2025.