Flaherty & Crumrine Preferred Income Opportunity Fund Short Interest Ratio and Short Volume

Flaherty & Crumrine Preferred Income Opportunity Fund (NYSE:PFO) Short Interest Frequently Asked Questions

What is Flaherty & Crumrine Preferred Income Opportunity Fund's current short interest?

Short interest is the volume of Flaherty & Crumrine Preferred Income Opportunity Fund shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 100 shares of PFO short. Learn More on Flaherty & Crumrine Preferred Income Opportunity Fund's current short interest.

Is Flaherty & Crumrine Preferred Income Opportunity Fund's short interest increasing or decreasing?

Flaherty & Crumrine Preferred Income Opportunity Fund saw a drop in short interest in the month of September. As of September 30th, there was short interest totaling 100 shares, a drop of 96.6% from the previous total of 2,900 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.

How does Flaherty & Crumrine Preferred Income Opportunity Fund's short interest compare to its competitors?

0.00% of Flaherty & Crumrine Preferred Income Opportunity Fund's shares are currently sold short. Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Flaherty & Crumrine Preferred Income Opportunity Fund: BlackRock MuniHoldings California Quality Fund, Inc. (0.00%), Templeton Dragon Fund, Inc. (0.00%), The India Fund, Inc. (0.00%), BlackRock MuniVest Fund, Inc. (0.00%), VanEck Vectors Biotech ETF (0.00%), BlackRock MuniAssets Fund, Inc. (0.00%), Western Asset Managed Municipals Fund Inc. (0.00%), Nuveen Pennsylvania Quality Municipal Income Fund (0.00%), BlackRock Debt Strategies Fund, Inc. (0.00%), and BlackRock MuniYield New York Quality Fund, Inc. (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: S&P Global Inc. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Railway Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Video Communications, Inc. ($2.87 billion), Match Group, Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

What does it mean to sell short Flaherty & Crumrine Preferred Income Opportunity Fund stock?

Short selling PFO is an investing strategy that aims to generate trading profit from Flaherty & Crumrine Preferred Income Opportunity Fund as its price is falling. Flaherty & Crumrine Preferred Income Opportunity Fund's stock is trading up $0.04 today. To short Flaherty & Crumrine Preferred Income Opportunity Fund 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 Flaherty & Crumrine Preferred Income Opportunity Fund 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 Flaherty & Crumrine Preferred Income Opportunity Fund?

A short squeeze for Flaherty & Crumrine Preferred Income Opportunity Fund 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 PFO, which in turn drives the price of the stock up even further.

How often is Flaherty & Crumrine Preferred Income Opportunity Fund'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 PFO, twice per month. The most recent reporting period available is September, 30 2021.