Prospect Capital (PBY) Short Interest Ratio & Short Volume

Short interest is the volume of Prospect Capital shares that have been sold short but have not yet been closed out or covered. As of May 28th, traders have sold 600 shares of PBY short. Learn More on Prospect Capital's current short interest.

Prospect Capital saw a decrease in short interest during the month of May. As of May 28th, there was short interest totaling 600 shares, a decrease of 45.5% from the previous total of 1,100 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 "business services" compare to Prospect Capital: Kforce Inc. (7.14%), Montrose Environmental Group, Inc. (2.72%), Advantage Solutions Inc. (30.68%), GDS Holdings Limited (7.02%), MeridianLink, Inc. (4.06%), GigaCloud Technology Inc. (17.01%), Amplitude, Inc. (2.74%), Ecovyst Inc. (1.57%), V2X, Inc. (1.23%), Steelcase Inc. (2.99%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($8.35 billion), AstraZeneca PLC ($7.50 billion), Aon plc ($7.09 billion), Block, Inc. ($6.95 billion), Analog Devices, Inc. ($6.90 billion), Advanced Micro Devices, Inc. ($6.79 billion), Charter Communications, Inc. ($6.18 billion), S&P Global Inc. ($5.54 billion), Sea Limited ($4.96 billion), and Wayfair Inc. ($4.25 billion). View all of the most shorted stocks.

Short selling PBY is an investing strategy that aims to generate trading profit from Prospect Capital as its price is falling. PBY shares are trading down $0.04 today. 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 Prospect Capital 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 PBY, 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 PBY, twice per month. The most recent reporting period available is May, 28 2021.