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Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
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Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
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Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Better Than Oil Stocks (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Better Than Oil Stocks (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Better Than Oil Stocks (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Better Than Oil Stocks (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
Better Than Oil Stocks (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage

Purple Innovation (PRPL) Short Interest Ratio & Short Volume

$1.31
-0.02 (-1.50%)
(As of 02/23/2024 08:53 PM ET)

Purple Innovation Short Interest Data

Current Short Volume
6,200,000 shares
Previous Short Volume
5,720,000 shares
Change Vs. Previous Month
+8.39%
Dollar Volume Sold Short
$6.32 million
Short Interest Ratio / Days to Cover
4.6
Last Record Date
January 31, 2024
Outstanding Shares
105,750,000 shares
Percentage of Shares Shorted
5.86%
Today's Trading Volume
668,400 shares
Average Trading Volume
833,814 shares
Today's Volume Vs. Average
80%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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PRPL Short Interest Over Time

PRPL Days to Cover Over Time

PRPL Percentage of Float Shorted Over Time


Purple Innovation Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/31/20246,200,000 shares $6.32 million +8.4%N/A4.6 $1.02
1/15/20245,720,000 shares $4.84 million -5.9%N/A4 $0.85
12/31/20236,080,000 shares $6.26 million -3.3%N/A4.4 $1.03
12/15/20236,290,000 shares $5.98 million -1.3%N/A4.5 $0.95
11/30/20236,370,000 shares $3.95 million -4.4%N/A4.7 $0.62
11/15/20236,660,000 shares $4.18 million -4.3%N/A5.7 $0.63
10/31/20236,960,000 shares $6.75 million +6.1%N/A7.4 $0.97
10/15/20236,560,000 shares $8.86 million +8.3%N/A7.6 $1.35
9/30/20236,060,000 shares $10.36 million -6.1%N/A7.1 $1.71
9/15/20236,450,000 shares $14.51 million +2.4%N/A7.8 $2.25
8/31/20236,300,000 shares $13.67 million -8.2%N/A7.7 $2.17
8/15/20236,860,000 shares $16.12 million -4.7%N/A7.5 $2.35
7/31/20237,200,000 shares $22.46 million +4.5%N/A7.1 $3.12
7/15/20236,890,000 shares $19.71 million -1.3%N/A7 $2.86
6/30/20236,980,000 shares $19.40 million +1.3%N/A6.6 $2.78
6/15/20236,890,000 shares $20.39 million +27.6%N/A6.1 $2.96
5/31/20235,400,000 shares $18.68 million -7.9%N/A4.3 $3.46
5/15/20235,860,000 shares $17.58 million +7.5%N/A5.1 $3.00
4/30/20235,450,000 shares $16.19 million -0.6%N/A4.9 $2.97
4/15/20235,480,000 shares $13.92 million -11.6%N/A5 $2.54
3/31/20236,200,000 shares $16.37 million +4.6%N/A6.1 $2.64
3/15/20235,930,000 shares $19.27 million No ChangeN/A6.6 $3.25
2/28/20235,930,000 shares $25.62 million -13.1%N/A8.3 $4.32
2/15/20236,820,000 shares $30.83 million +34.5%N/A10 $4.52
1/31/20235,070,000 shares $29.41 million +2.6%N/A6.9 $5.80
1/15/20234,940,000 shares $28.45 million -5.5%N/A7.5 $5.76
12/30/20225,230,000 shares $25.05 million -0.4%N/A7.2 $4.79
12/15/20225,250,000 shares $25.99 million +5.0%N/A6.1 $4.95
11/30/20225,000,000 shares $25.25 million -18.0%N/A2.3 $5.05
11/15/20226,100,000 shares $33.18 million -12.1%N/A2.6 $5.44
10/31/20226,940,000 shares $24.43 million +1.5%N/A3 $3.52
10/15/20226,840,000 shares $25.92 million +10.9%N/A2.8 $3.79
9/30/20226,170,000 shares $24.99 million -34.9%N/A2.5 $4.05
9/15/20229,480,000 shares $27.30 million +1.8%N/A3.8 $2.88
8/31/20229,310,000 shares $26.63 million -11.3%N/A6.9 $2.86
8/15/202210,490,000 shares $40.39 million +1.8%N/A7.1 $3.85
7/31/202210,310,000 shares $35.98 million -0.9%N/A5.3 $3.49
7/15/202210,400,000 shares $34.42 million +16.5%N/A5 $3.31
6/30/20228,930,000 shares $27.33 million -9.1%N/A4.3 $3.06
6/15/20229,820,000 shares $39.48 million +5.1%N/A4.3 $4.02













PRPL Short Interest - Frequently Asked Questions

What is Purple Innovation's current short interest?

Short interest is the volume of Purple Innovation shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 6,200,000 shares of PRPL short. Learn More on Purple Innovation's current short interest.

What is a good short interest ratio for Purple Innovation?

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. PRPL shares currently have a short interest ratio of 5.0. Learn More on Purple Innovation's short interest ratio.

Which institutional investors are shorting Purple Innovation?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Purple Innovation: Wolverine Trading LLC, Citadel Advisors LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Purple Innovation's short interest increasing or decreasing?

Purple Innovation saw a increase in short interest in January. As of January 31st, there was short interest totaling 6,200,000 shares, an increase of 8.4% from the previous total of 5,720,000 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.

How does Purple Innovation's short interest compare to its competitors?

Here is how the short interest of companies compare to Purple Innovation: Lifeway Foods, Inc. (5.14%), Mama's Creations, Inc. (2.08%), Magnum Opus Acquisition Limited (0.00%), Flexsteel Industries, Inc. (0.65%), Cadiz Inc. (10.92%), Fenbo Holdings Limited (0.07%), Bridgford Foods Co. (0.28%), Yatsen Holding Limited (0.56%), Whole Earth Brands, Inc. (4.49%), Village Farms International, Inc. (0.83%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Purple Innovation stock?

Short selling PRPL is an investing strategy that aims to generate trading profit from Purple Innovation as its price is falling. PRPL shares are trading down $0.02 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.

How does a short squeeze work against Purple Innovation?

A short squeeze for Purple Innovation 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 PRPL, which in turn drives the price of the stock up even further.

How often is Purple Innovation'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 PRPL, twice per month. The most recent reporting period available is January, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:PRPL) was last updated on 2/26/2024 by MarketBeat.com Staff