Property Solutions Acquisition Corp. II (PSAGU) Short Interest Ratio & Short Volume

Short interest is the volume of Property Solutions Acquisition Corp. II shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 1,100 shares of PSAGU short. Learn More on Property Solutions Acquisition Corp. II's current short interest.

Property Solutions Acquisition Corp. II saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,100 shares, an increase of 120.0% from the previous total of 500 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 in the sector of "finance" compare to Property Solutions Acquisition Corp. II: AGM Group Holdings Inc. (0.11%), American Realty Investors, Inc. (1.34%), Bain Capital Specialty Finance, Inc. (0.26%), Banco de Chile (0.09%), Banco Macro S.A. (1.19%), Bancolombia S.A. (0.28%), Burford Capital Limited (0.81%), Grupo Financiero Galicia S.A. (3.20%), Intercorp Financial Services Inc. (0.25%), Itaú Unibanco Holding S.A. (0.54%),

As of the most recent reporting period, the following stocks had the largest short interest positions: KLA Co. ($2.87 billion), Lucid Group, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.08 billion), Coinbase Global, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.85 billion), Chesapeake Energy Co. ($1.81 billion), Rivian Automotive, Inc. ($1.64 billion), Lumen Technologies, Inc. ($1.61 billion), Plug Power Inc. ($1.50 billion), and Generac Holdings Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling PSAGU is an investing strategy that aims to generate trading profit from Property Solutions Acquisition Corp. II 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 Property Solutions Acquisition Corp. II occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PSAGU, 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 PSAGU, twice per month. The most recent reporting period available is July, 31 2022.