The Procter & Gamble Short Interest Ratio and Short Volume

Short interest is the volume of The Procter & Gamble shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 14,770,000 shares of PG short. 0.60% of The Procter & Gamble's shares are currently sold short. View details.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. The Procter & Gamble currently has a short interest ratio of 2.0.

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. 0.60% of The Procter & Gamble's floating shares are currently sold short.

The Procter & Gamble saw a increase in short interest in December. As of December 31st, there was short interest totaling 14,770,000 shares, an increase of 10.0% from the previous total of 13,430,000 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.

0.60% of The Procter & Gamble's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to The Procter & Gamble: Nestlé S.A. (0.00%), The Coca-Cola Company (0.58%), L'Oréal S.A. (0.00%), Anheuser-Busch InBev SA/NV (0.00%), Philip Morris International Inc. (0.61%), Diageo plc (0.09%), The Estée Lauder Companies Inc. (0.00%), British American Tobacco p.l.c. (0.00%), Mondelez International, Inc. (0.69%), and Altria Group, Inc. (0.78%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.18 billion), ViacomCBS Inc. ($4.71 billion), Analog Devices, Inc. ($4.45 billion), Aon Plc ($4.28 billion), Snap Inc. ($3.70 billion), Moderna, Inc. ($3.00 billion), The Clorox Company ($2.46 billion), Peloton Interactive, Inc. ($2.40 billion), The Kroger Co. ($2.38 billion), and Expedia Group, Inc. ($2.37 billion). View all of the most shorted stocks.

Short selling PG is an investing strategy that aims to generate trading profit from The Procter & Gamble as its price is falling. The Procter & Gamble's stock is trading down $1.01 today. To short The Procter & Gamble 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 The Procter & Gamble 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 The Procter & Gamble 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 PG, 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 PG, twice per month. The most recent reporting period available is December, 31 2020.