Pluralsight (PS) Short Interest Ratio & Short Volume

Short interest is the volume of Pluralsight shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 9,880,000 shares of PS short. Learn More on Pluralsight'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. PS shares currently have a short interest ratio of 4.0. Learn More on Pluralsight's short interest ratio.

Pluralsight saw a increase in short interest in March. As of March 15th, there was short interest totaling 9,880,000 shares, an increase of 50.8% from the previous total of 6,550,000 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.

Here is how the short interest of companies compare to Pluralsight: Tripadvisor, Inc. (5.79%), Integral Ad Science Holding Corp. (3.69%), Magnite, Inc. (4.95%), GDS Holdings Limited (7.02%), ManpowerGroup Inc. (2.91%), Envestnet, Inc. (8.12%), Enpro Inc. (1.74%), Korn Ferry (1.10%), Credo Technology Group Holding Ltd (8.77%), Crane NXT, Co. (8.74%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.63 billion), Charter Communications, Inc. ($5.41 billion), Analog Devices, Inc. ($5.32 billion), Baidu, Inc. ($4.45 billion), Snap Inc. ($3.86 billion), Warner Bros. Discovery, Inc. ($3.30 billion), Airbnb, Inc. ($2.82 billion), Bilibili Inc. ($2.34 billion), GameStop Corp. ($2.24 billion), and Expedia Group, Inc. ($2.21 billion). View all of the most shorted stocks.

Short selling PS is an investing strategy that aims to generate trading profit from Pluralsight 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 Pluralsight 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 PS, 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 PS, twice per month. The most recent reporting period available is March, 15 2021.