Purple Innovation (PRPL) Short Interest Ratio & Short Volume → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free PRPL Stock Alerts $1.57 +0.04 (+2.61%) (As of 05/9/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Purple Innovation Short Interest DataCurrent Short Volume4,250,000 sharesPrevious Short Volume5,800,000 sharesChange Vs. Previous Month-26.72%Dollar Volume Sold Short$6.59 millionShort Interest Ratio / Days to Cover5.0Last Record DateApril 15, 2024Outstanding Shares107,212,000 sharesPercentage of Shares Shorted3.96%Today's Trading Volume317,669 sharesAverage Trading Volume782,851 sharesToday's Volume Vs. Average41% Short Selling Purple Innovation ? Sign up to receive the latest short interest report for Purple Innovation and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatPRPL Short Interest Over TimePRPL Days to Cover Over TimePRPL Percentage of Float Shorted Over Time Ad InvestorPlaceYou need to know these two things about AI stocks ASAP…For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.Go here now for this breaking story. Purple Innovation Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/15/20244,250,000 shares $6.59 million -26.7%N/A5 $1.55 3/31/20245,800,000 shares $10.09 million -7.9%N/A6.5 $1.74 3/15/20246,300,000 shares $9.83 million -0.5%N/A6.8 $1.56 2/29/20246,330,000 shares $11.77 million +3.1%N/A6.1 $1.86 2/15/20246,140,000 shares $9.39 million -1.0%N/A5.7 $1.53 1/31/20246,200,000 shares $6.32 million +8.4%N/A4.6 $1.02 Get the Latest News and Ratings for PRPL and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Purple Innovation and its competitors with MarketBeat's FREE daily newsletter. 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“Crash Insurance” For Your Retirement (Ad)When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. Click here to register for free. 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 closed out or covered. As of April 15th, investors have sold 4,250,000 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. Is Purple Innovation's short interest increasing or decreasing? Purple Innovation saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 4,250,000 shares, a decline of 26.7% from the previous total of 5,800,000 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: Flexsteel Industries, Inc. (0.97%), Hooker Furnishings Co. (1.17%), Alico, Inc. (4.28%), Cadiz Inc. (11.53%), Whole Earth Brands, Inc. (3.45%), HF Foods Group Inc. (0.95%), ThredUp Inc. (8.60%), Fenbo Holdings Limited (0.06%), Village Farms International, Inc. (2.01%), Mama's Creations, Inc. (1.68%), 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. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 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 up $0.04 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 April, 15 2024. More Short Interest Resources from MarketBeat Related Companies: Flexsteel Industries Short Interest Hooker Furnishings Short Interest Alico Short Interest Cadiz Short Interest Whole Earth Brands Short Interest HF Foods Group Short Interest ThredUp Short Interest Fenbo Short Interest Village Farms International Short Interest Mama's Creations Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:PRPL) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaProof that the Musk/Bezos rivalry is about to hit a new levelInvestorPlaceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingGold Set to EXPLODE!Gold Safe ExchangeShocking: One AI startup's revenue could surge 4,735%Manward PressHe Is Giving Away BitcoinCrypto Swap ProfitsMissed NVDA? 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