Palantir Technologies - PLTR Short Interest Ratio & Short Volume

Short interest is the volume of Palantir Technologies shares that have been sold short but have not yet been covered or closed out. As of January 15th, investors have sold 121,350,000 shares of PLTR short. 7.01% of Palantir Technologies' shares are currently sold short. Learn More on Palantir Technologies' 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. PLTR shares currently have a short interest ratio of 4.0. Learn More on Palantir Technologies's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Palantir Technologies: SG Americas Securities LLC, Simplex Trading LLC, Bank of Montreal Can, Concourse Financial Group Securities Inc., FNY Investment Advisers LLC, Parallax Volatility Advisers L.P., CMT Capital Markets Trading GmbH, Capital Markets Trading UK LLP, Jane Street Group LLC, BNP Paribas Arbitrage SNC, Nomura Holdings Inc., Pathstone Family Office LLC, Paloma Partners Management Co, Parallax Volatility Advisers L.P., Caas Capital Management LP, Capital Fund Management S.A., Citadel Advisors LLC, Royal Bank of Canada, Bluefin Capital Management LLC, Cubist Systematic Strategies LLC, Wolverine Trading LLC, Bank of Montreal Can, UBS Group AG, Group One Trading L.P., and IMC Chicago LLC. 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. 7.01% of Palantir Technologies' floating shares are currently sold short.

Palantir Technologies saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 121,350,000 shares, a drop of 2.2% from the previous total of 124,060,000 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.

Palantir Technologies currently has issued a total of 2,080,140,000 shares. Some of Palantir Technologies' 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. Palantir Technologies currently has a public float of 1,730,000,000 shares.

7.01% of Palantir Technologies' shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to Palantir Technologies: DocuSign, Inc. (6.00%), Black Knight, Inc. (1.76%), UiPath Inc. (9.08%), Full Truck Alliance Co. Ltd. (4.61%), Confluent, Inc. (10.09%), Elastic (6.27%), SPS Commerce, Inc. (1.75%), Block, Inc. (4.71%), Omnicom Group Inc. (4.84%), and FactSet Research Systems Inc. (1.07%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling PLTR is an investing strategy that aims to generate trading profit from Palantir Technologies as its price is falling. PLTR shares are trading up $0.79 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 Palantir Technologies 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 PLTR, 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 PLTR, twice per month. The most recent reporting period available is January, 15 2023.