PureTech Health (PRTC) Short Interest Ratio & Short Volume

Short interest is the volume of PureTech Health shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 200 shares of PRTC short. Learn More on PureTech Health's current short interest.

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to PureTech Health: MacroGenics, Inc. (11.00%), Savara Inc (5.51%), Calliditas Therapeutics AB (publ) (0.03%), Phathom Pharmaceuticals, Inc. (18.47%), Theravance Biopharma, Inc. (19.68%), ARS Pharmaceuticals, Inc. (14.55%), Tyra Biosciences, Inc. (9.03%), Incannex Healthcare Limited (0.01%), Travere Therapeutics, Inc. (14.19%), ORIC Pharmaceuticals, Inc. (28.09%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling PRTC is an investing strategy that aims to generate trading profit from PureTech Health as its price is falling. PRTC shares are trading down $1.42 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.

A short squeeze for PureTech Health 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 PRTC, 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 PRTC, twice per month. The most recent reporting period available is November, 15 2023.