S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
The gold catalyst we've waited for (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
The gold catalyst we've waited for (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
The gold catalyst we've waited for (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
The gold catalyst we've waited for (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
How major US stock indexes fared Friday 6/2/2023
NYSE:PKG

Packaging Co. of America (PKG) Short Interest Ratio & Short Volume

$128.08
+3.25 (+2.60%)
(As of 06/2/2023 ET)
Compare
Today's Range
$125.86
$128.15
50-Day Range
$124.03
$144.91
52-Week Range
$110.56
$162.93
Volume
919,888 shs
Average Volume
532,434 shs
Market Capitalization
$11.52 billion
P/E Ratio
12.29
Dividend Yield
3.90%
Price Target
$127.29

Packaging Co. of America Short Interest Data

Current Short Volume
2,670,000 shares
Previous Short Volume
2,840,000 shares
Change Vs. Previous Month
-5.99%
Dollar Volume Sold Short
$348.27 million
Short Interest Ratio / Days to Cover
3.7
Last Record Date
May 15, 2023
Outstanding Shares
89,930,000 shares
Float Size
87,730,000 shares
Short Percent of Float
3.04%
Today's Trading Volume
919,888 shares
Average Trading Volume
532,434 shares
Today's Volume Vs. Average
173%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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PKG Short Interest Over Time

PKG Days to Cover Over Time

PKG Percentage of Float Shorted Over Time


Packaging Co. of America (NYSE:PKG) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/20232,670,000 shares $348.27 million -6.0%3.0%3.7 $130.44
4/30/20232,840,000 shares $384.14 million -4.4%3.2%4 $135.26
4/15/20232,970,000 shares $419.25 million +10.0%3.4%3.9 $141.16
3/31/20232,700,000 shares $374.84 million -20.8%3.1%3.6 $138.83
3/15/20233,410,000 shares $438.19 million +39.8%3.9%4.7 $128.50
2/28/20232,440,000 shares $333.60 million -4.7%2.8%3.8 $136.72
2/15/20232,560,000 shares $365.06 million +8.5%2.8%4 $142.60
1/31/20232,360,000 shares $336.77 million +53.3%2.6%3.4 $142.70
1/15/20231,540,000 shares $208.52 million -9.4%1.7%2.3 $135.40
12/30/20221,700,000 shares $217.45 million -11.5%1.9%2.6 $127.91
12/15/20221,920,000 shares $255.13 million -3.5%2.1%2.7 $132.88
11/30/20221,990,000 shares $270.42 million -6.6%2.2%2.6 $135.89
11/15/20222,130,000 shares $277.28 million -7.4%2.4%2.8 $130.18
10/31/20222,300,000 shares $276.48 million No Change2.5%3.2 $120.21
10/15/20222,300,000 shares $261.53 million -23.8%2.5%3.3 $113.71
9/30/20223,020,000 shares $339.12 million +29.6%3.3%4.3 $112.29
9/15/20222,330,000 shares $309.14 million +4.5%2.5%3.4 $132.68
8/31/20222,230,000 shares $305.33 million +15.0%2.4%3.4 $136.92
8/15/20221,940,000 shares $278.04 million -3.0%2.1%3 $143.32
7/31/20222,000,000 shares $281.22 million +6.4%2.2%2.9 $140.61
7/15/20221,880,000 shares $255.30 million +15.3%2.0%2.9 $135.80
6/30/20221,630,000 shares $224.13 million -11.4%1.8%2.5 $137.50
6/15/20221,840,000 shares $270.90 million +43.8%2.0%2.9 $147.23
5/31/20221,280,000 shares $201.32 million -11.7%1.4%2 $157.28
5/15/20221,450,000 shares $225.33 million +18.9%1.6%2.2 $155.40
4/30/20221,220,000 shares $196.63 million -20.8%1.3%1.9 $161.17
4/15/20221,540,000 shares $251.05 million +9.2%1.7%2.1 $163.02
3/31/20221,410,000 shares $220.12 million -11.3%1.5%1.9 $156.11
3/15/20221,590,000 shares $242.24 million -4.8%1.7%2.1 $152.35
2/28/20221,670,000 shares $245.81 million -10.2%1.8%2.1 $147.19
2/15/20221,860,000 shares $275.41 million -12.3%2.0%2.4 $148.07
1/31/20222,120,000 shares $319.34 million -9.8%2.3%2.8 $150.63
1/15/20222,350,000 shares $322.68 million -2.1%2.5%3.3 $137.31
12/31/20212,400,000 shares $326.76 million +9.1%2.6%3.3 $136.15
12/15/20212,200,000 shares $289.89 million +7.3%2.4%3.1 $131.77
11/30/20212,050,000 shares $267.71 million -2.8%2.2%3 $130.59
11/15/20212,110,000 shares $284.47 million -7.9%2.3%3.2 $134.82
10/29/20212,290,000 shares $314.58 million +19.3%2.5%3.6 $137.37
10/15/20211,920,000 shares $256.72 million +9.7%2.1%3 $133.71
9/30/20211,750,000 shares $240.52 million -14.6%1.9%3 $137.44













PKG Short Interest - Frequently Asked Questions

What is Packaging Co. of America's current short interest?

Short interest is the volume of Packaging Co. of America shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 2,670,000 shares of PKG short. 3.04% of Packaging Co. of America's shares are currently sold short. Learn More on Packaging Co. of America's current short interest.

What is a good short interest ratio for Packaging Co. of America?

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. PKG shares currently have a short interest ratio of 4.0. Learn More on Packaging Co. of America's short interest ratio.

Which institutional investors are shorting Packaging Co. of America?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Packaging Co. of America: JPMorgan Chase & Co., Susquehanna International Group LLP, Jane Street Group LLC, Group One Trading L.P., BNP Paribas Arbitrage SNC, PEAK6 Investments LLC, UBS Group AG, and Capstone Investment Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Packaging Co. of America?

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. 3.04% of Packaging Co. of America's floating shares are currently sold short.

Is Packaging Co. of America's short interest increasing or decreasing?

Packaging Co. of America saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,670,000 shares, a drop of 6.0% from the previous total of 2,840,000 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 Packaging Co. of America's float size?

Packaging Co. of America currently has issued a total of 89,930,000 shares. Some of Packaging Co. of America'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. Packaging Co. of America currently has a public float of 87,730,000 shares.

How does Packaging Co. of America's short interest compare to its competitors?

3.04% of Packaging Co. of America's shares are currently sold short. Here is how the short interest of companies in the sector of "industrial products" compare to Packaging Co. of America: Graphic Packaging Holding (3.03%), Sonoco Products (0.82%), Stanley Black & Decker, Inc. (5.50%), Nordson Co. (2.36%), Lincoln Electric Holdings, Inc. (3.50%), A. O. Smith Co. (4.33%), Graco Inc. (1.45%), Avery Dennison Co. (2.14%), Pentair plc (2.62%), Allegion plc (2.90%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

What does it mean to sell short Packaging Co. of America stock?

Short selling PKG is an investing strategy that aims to generate trading profit from Packaging Co. of America as its price is falling. PKG shares are trading up $3.25 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 Packaging Co. of America?

A short squeeze for Packaging Co. of America 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 PKG, which in turn drives the price of the stock up even further.

How often is Packaging Co. of America'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 PKG, twice per month. The most recent reporting period available is May, 15 2023.



More Short Interest Resources from MarketBeat

This page (NYSE:PKG) was last updated on 6/3/2023 by MarketBeat.com Staff

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