Piper Sandler Companies (PIPR) Short Interest Ratio & Short Volume

Short interest is the volume of Piper Sandler Companies shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 389,300 shares of PIPR short. 2.28% of Piper Sandler Companies' shares are currently sold short. Learn More on Piper Sandler Companies' current short interest.

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. PIPR shares currently have a short interest ratio of 5.0. Learn More on Piper Sandler Companies's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Piper Sandler Companies: Wolverine Trading LLC, Group One Trading L.P., and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 2.28% of Piper Sandler Companies' floating shares are currently sold short.

Piper Sandler Companies saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 389,300 shares, an increase of 4.0% from the previous total of 374,400 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.

Piper Sandler Companies currently has issued a total of 17,710,000 shares. Some of Piper Sandler Companies' 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. Piper Sandler Companies currently has a public float of 17,080,000 shares.

2.28% of Piper Sandler Companies' shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Piper Sandler Companies: Stifel Financial Corp. (1.84%), Credit Suisse Group AG (1.06%), Virtu Financial, Inc. (1.67%), Navient Co. (5.91%), WisdomTree, Inc. (5.59%), UP Fintech Holding Limited (2.11%), Associated Capital Group, Inc. (0.44%), Freedom Holding Corp. (2.72%), Robinhood Markets, Inc. (6.09%), Jefferies Financial Group Inc. (1.68%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling PIPR is an investing strategy that aims to generate trading profit from Piper Sandler Companies as its price is falling. PIPR shares are trading up $0.83 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 Piper Sandler Companies 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 PIPR, 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 PIPR, twice per month. The most recent reporting period available is November, 15 2023.