S&P 500   4,967.23
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QQQ   414.65
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Presto Automation (PRST) Short Interest Ratio & Short Volume

$0.17
0.00 (-1.98%)
(As of 05:37 PM ET)

Presto Automation Short Interest Data

Current Short Volume
3,040,000 shares
Previous Short Volume
1,650,000 shares
Change Vs. Previous Month
+84.24%
Dollar Volume Sold Short
$528,960.00
Short Interest Ratio / Days to Cover
0.7
Last Record Date
March 31, 2024
Outstanding Shares
95,141,000 shares
Float Size
46,120,000 shares
Short Percent of Float
6.59%
Today's Trading Volume
205,440 shares
Average Trading Volume
4,035,581 shares
Today's Volume Vs. Average
5%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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PRST Short Interest Over Time

PRST Days to Cover Over Time

PRST Percentage of Float Shorted Over Time

Presto Automation Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20243,040,000 shares $528,960.00 +84.2%6.6%0.7 $0.17
3/15/20241,650,000 shares $461,340.00 -46.4%3.2%0.4 $0.28
2/29/20243,080,000 shares $964,964.00 +202.0%6.2%1.9 $0.31
2/15/20241,020,000 shares $243,984.00 +36.6%2.7%1.3 $0.24
1/31/2024746,900 shares $163,571.10 +113.2%2.5%2.4 $0.22
1/15/2024350,300 shares $110,414.56 +49.1%1.2%1.4 $0.32
12/31/2023234,900 shares $124,849.35 -30.9%0.8%1.1 $0.53
12/15/2023340,000 shares $192,100.00 -28.1%1.1%1.3 $0.57
11/30/2023472,700 shares $313,825.53 +31.1%1.8%2.1 $0.66
11/15/2023360,500 shares $329,929.60 +194.3%1.6%1.9 $0.92
10/31/2023122,500 shares $164,150.00 -57.7%0.5%0.8 $1.34
10/15/2023289,300 shares $416,592.00 +62.1%0.9%1.6 $1.44
9/30/2023178,500 shares $255,255.00 +9.2%0.6%0.8 $1.43
9/15/2023163,400 shares $547,390.00 -13.7%0.5%0.7 $3.35
8/31/2023189,300 shares $630,369.00 -30.6%0.6%0.6 $3.33
8/15/2023272,700 shares $883,548.00 +11.5%0.8%0.5 $3.24
7/31/2023244,600 shares $973,508.00 -46.4%0.8%0.4 $3.98
7/15/2023456,300 shares $1.46 million -15.6%1.4%0.4 $3.19
6/30/2023540,600 shares $2.82 million +93.3%1.8%0.2 $5.22
6/15/2023279,700 shares $1.12 million -59.7%1.0%0.1 $4.00
5/31/2023693,300 shares $1.89 million +57.8%2.5%0.2 $2.72
5/15/2023439,500 shares $1.43 million No Change1.6%0.2 $3.26

PRST Short Interest - Frequently Asked Questions

What is Presto Automation's current short interest?

Short interest is the volume of Presto Automation shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 3,040,000 shares of PRST short. 6.59% of Presto Automation's shares are currently sold short. Learn More on Presto Automation's current short interest.

What is a good short interest ratio for Presto Automation?

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. PRST shares currently have a short interest ratio of 1.0. Learn More on Presto Automation's short interest ratio.

What is a good short interest percentage for Presto Automation?

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. 6.59% of Presto Automation's floating shares are currently sold short.

Is Presto Automation's short interest increasing or decreasing?

Presto Automation saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,040,000 shares, an increase of 84.2% from the previous total of 1,650,000 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.

What is Presto Automation's float size?

Presto Automation currently has issued a total of 95,141,000 shares. Some of Presto Automation'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. Presto Automation currently has a public float of 46,120,000 shares.

How does Presto Automation's short interest compare to its competitors?

6.59% of Presto Automation's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to Presto Automation: Advanced Health Intelligence Ltd (0.26%), Foresight Autonomous Holdings Ltd. (8.23%), Hitek Global Inc. (0.81%), Banzai International, Inc. (1.14%), Rubicon Technologies, Inc. (1.49%), Duos Technologies Group, Inc. (0.77%), Asset Entities Inc. (7.13%), AppTech Payments Corp. (1.07%), KWESST Micro Systems Inc. (2.59%), Baijiayun Group Ltd (0.97%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short Presto Automation stock?

Short selling PRST is an investing strategy that aims to generate trading profit from Presto Automation as its price is falling. PRST shares are trading down $0.00 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 Presto Automation?

A short squeeze for Presto Automation 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 PRST, which in turn drives the price of the stock up even further.

How often is Presto Automation'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 PRST, twice per month. The most recent reporting period available is March, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:PRST) was last updated on 4/19/2024 by MarketBeat.com Staff

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