PropTech Investment Co. II (PTIC) Short Interest Ratio & Short Volume

Short interest is the volume of PropTech Investment Co. II shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 31,700 shares of PTIC short. 0.14% of PropTech Investment Co. II's shares are currently sold short. Learn More on PropTech Investment Co. II's current short interest.

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. 0.14% of PropTech Investment Co. II's floating shares are currently sold short.

PropTech Investment Co. II saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 31,700 shares, a decline of 81.0% from the previous total of 166,800 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.

PropTech Investment Co. II currently has issued a total of 28,750,000 shares. Some of PropTech Investment Co. II'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. PropTech Investment Co. II currently has a public float of 22,750,000 shares.

0.14% of PropTech Investment Co. II's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to PropTech Investment Co. II: Offerpad Solutions Inc. (8.90%), RE/MAX Holdings, Inc. (8.88%), Douglas Elliman Inc. (1.05%), Anywhere Real Estate Inc. (8.04%), Redfin Co. (17.21%), Marcus & Millichap, Inc. (3.26%), Saratoga Investment Corp. (0.65%), Bridgewater Bancshares, Inc. (1.18%), Postal Realty Trust, Inc. (0.83%), Putnam Municipal Opportunities Trust (4.97%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.34 billion), Occidental Petroleum Co. ($4.15 billion), T. Rowe Price Group, Inc. ($2.41 billion), Diamondback Energy, Inc. ($2.05 billion), Coinbase Global, Inc. ($1.75 billion), Lucid Group, Inc. ($1.66 billion), PG&E Co. ($1.62 billion), Rivian Automotive, Inc. ($1.62 billion), Etsy, Inc. ($1.61 billion), and Old Dominion Freight Line, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling PTIC is an investing strategy that aims to generate trading profit from PropTech Investment Co. 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 PropTech Investment Co. II 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 PTIC, 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 PTIC, twice per month. The most recent reporting period available is November, 15 2022.