PHINIA (PHIN) Short Interest Ratio & Short Volume

$38.76
+0.07 (+0.18%)
(As of 12:43 PM ET)

PHINIA Short Interest Data

Current Short Volume
1,140,000 shares
Previous Short Volume
1,680,000 shares
Change Vs. Previous Month
-32.14%
Dollar Volume Sold Short
$43.81 million
Short Interest Ratio / Days to Cover
1.7
Last Record Date
March 31, 2024
Outstanding Shares
46,330,000 shares
Float Size
45,800,000 shares
Short Percent of Float
2.49%
Today's Trading Volume
174,537 shares
Average Trading Volume
649,348 shares
Today's Volume Vs. Average
27%
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PHIN Short Interest Over Time

PHIN Days to Cover Over Time

PHIN Percentage of Float Shorted Over Time

PHINIA Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20241,140,000 shares $43.81 million -32.1%2.5%1.7 $38.43
3/15/20241,680,000 shares $61.07 million +52.7%3.7%2.5 $36.35
2/29/20241,100,000 shares $37.64 million +12.1%2.4%2 $34.22
2/15/2024981,000 shares $31.28 million +28.3%2.1%1.9 $31.89
1/31/2024764,800 shares $23.12 million No Change1.7%1.5 $30.23

PHIN Short Interest - Frequently Asked Questions

What is PHINIA's current short interest?

Short interest is the volume of PHINIA shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 1,140,000 shares of PHIN short. 2.49% of PHINIA's shares are currently sold short. Learn More on PHINIA's current short interest.

What is a good short interest ratio for PHINIA?

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. PHIN shares currently have a short interest ratio of 2.0. Learn More on PHINIA's short interest ratio.

Which institutional investors are shorting PHINIA?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of PHINIA: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for PHINIA?

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. 2.49% of PHINIA's floating shares are currently sold short.

Is PHINIA's short interest increasing or decreasing?

PHINIA saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,140,000 shares, a decline of 32.1% from the previous total of 1,680,000 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.

What is PHINIA's float size?

PHINIA currently has issued a total of 46,330,000 shares. Some of PHINIA'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. PHINIA currently has a public float of 45,800,000 shares.

How does PHINIA's short interest compare to its competitors?

2.49% of PHINIA's shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to PHINIA: Dana Incorporated (4.07%), Gentherm Incorporated (3.32%), Adient plc (5.88%), American Axle & Manufacturing Holdings, Inc. (2.53%), LCI Industries (9.02%), Dorman Products, Inc. (1.43%), Standard Motor Products, Inc. (1.96%), Luminar Technologies, Inc. (19.46%), Holley Inc. (3.95%), Visteon Co. (4.09%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short PHINIA stock?

Short selling PHIN is an investing strategy that aims to generate trading profit from PHINIA as its price is falling. PHIN shares are trading up $0.07 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.

How does a short squeeze work against PHINIA?

A short squeeze for PHINIA 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 PHIN, which in turn drives the price of the stock up even further.

How often is PHINIA'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 PHIN, twice per month. The most recent reporting period available is March, 31 2024.



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This page (NYSE:PHIN) was last updated on 4/23/2024 by MarketBeat.com Staff

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