Protective Insurance (PTVCA) Short Interest Ratio & Short Volume

Short interest is the volume of Protective Insurance shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 1,800 shares of PTVCA short. 0.11% of Protective Insurance's shares are currently sold short. Learn More on Protective Insurance'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. 0.11% of Protective Insurance's floating shares are currently sold short.

Protective Insurance saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,800 shares, a drop of 5.3% from the previous total of 1,900 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.

Protective Insurance currently has issued a total of 14,156,000 shares. Some of Protective Insurance'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. Protective Insurance currently has a public float of 1,620,000 shares.

0.11% of Protective Insurance's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Protective Insurance: NI Holdings, Inc. (0.34%), James River Group Holdings, Ltd. (2.52%), Heritage Insurance Holdings, Inc. (3.81%), Kingsway Financial Services Inc. (2.01%), Greenlight Capital Re, Ltd. (1.76%), Maiden Holdings, Ltd. (0.99%), Donegal Group Inc. (1.33%), Hippo Holdings Inc. (9.36%), United Fire Group, Inc. (0.89%), Universal Insurance Holdings, Inc. (1.45%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($6.19 billion), Charter Communications, Inc. ($5.76 billion), Analog Devices, Inc. ($5.70 billion), S&P Global Inc. ($5.03 billion), Airbnb, Inc. ($4.01 billion), Snap Inc. ($3.54 billion), Nuance Communications, Inc. ($2.72 billion), Expedia Group, Inc. ($2.31 billion), The Kroger Co. ($2.25 billion), and GameStop Corp. ($2.05 billion). View all of the most shorted stocks.

Short selling PTVCA is an investing strategy that aims to generate trading profit from Protective Insurance 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 Protective Insurance 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 PTVCA, 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 PTVCA, twice per month. The most recent reporting period available is April, 30 2021.