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Performance Shipping Short Interest Ratio and Short Volume

-0.02 (-0.47 %)
(As of 05/14/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume27,500 shs
Average Volume76,639 shs
Market Capitalization$21.60 million
P/E RatioN/A
Dividend Yield2.35%

Short Interest

Performance Shipping (NASDAQ:PSHG) Short Interest Data

Current Short Volume4,300 shares
Previous Short Volume5,900 shares
Change Vs. Previous Month-27.12%
Dollar Volume Sold Short$21,586.00
Short Interest Ratio / Days to Cover0.1
Last Record DateApril, 15 2021
Outstanding Shares5,083,000 shares
Float Size2,170,000 shares
Short Percent of Float0.20%
Today's Trading Volume27,500 shares
Average Trading Volume76,639 shares
Today's Volume Vs. Average-64.12%

Short Interest Over Time

Performance Shipping (NASDAQ:PSHG) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20214,300 shares $21,586.00 -27.1%0.2%0.1 $5.02
3/31/20215,900 shares $33,158.00 +156.5%0.3%0.1 $5.62
3/15/20212,300 shares $12,443.00 -41.0%0.1%0 $5.41
2/26/20213,900 shares $24,219.00 -38.1%0.2%0 $6.21
2/12/20216,300 shares $40,383.00 -72.4%0.3%0.1 $6.41
1/29/202122,800 shares $115,368.00 -24.3%1.1%0.1 $5.06
1/15/202130,100 shares $159,229.00 No Change1.4%0.1 $5.29

Performance Shipping (NASDAQ:PSHG) Short Interest FAQ

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What is Performance Shipping's current short interest?

Short interest is the volume of Performance Shipping shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 4,300 shares of PSHG short. 0.20% of Performance Shipping's shares are currently sold short. View details.

What is a good short interest percentage for Performance Shipping?

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. 0.20% of Performance Shipping's floating shares are currently sold short.

Is Performance Shipping's short interest increasing or decreasing?

Performance Shipping saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 4,300 shares, a decrease of 27.1% from the previous total of 5,900 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 Performance Shipping's float size?

Performance Shipping currently has issued a total of 5,083,000 shares. Some of Performance Shipping'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. Performance Shipping currently has a public float of 2,170,000 shares.

How does Performance Shipping's short interest compare to its competitors?

0.20% of Performance Shipping's shares are currently sold short. Here is how the short interest of companies in the industry of "marine shipping" compare to Performance Shipping: BW LPG Limited (0.00%), Cadeler A/S (0.00%), Cargotec Co. (0.00%), COSCO SHIPPING Holdings Co., Ltd. (0.00%), Hapag-Lloyd Aktiengesellschaft (0.00%), Kawasaki Kisen Kaisha, Ltd. (0.00%), Mitsui O.S.K. Lines, Ltd. (0.00%), Ocean Yield ASA (0.00%), Pacific Basin Shipping Limited (0.00%), and Westshore Terminals Investment Co. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Performance Shipping stock?

Short selling PSHG is an investing strategy that aims to generate trading profit from Performance Shipping as its price is falling. Performance Shipping's stock is trading down $0.02 today. To short Performance Shipping 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 Performance Shipping 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 Performance Shipping?

A short squeeze for Performance Shipping 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 PSHG, which in turn drives the price of the stock up even further.

How often is Performance Shipping'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 PSHG, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/17/2021 by Staff
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