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 closed out or covered. As of April 15th, traders have sold 77,920,000 shares of PLTR 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 1.0. 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: Simplex Trading LLC, Raymond James Financial Services Advisors Inc., IMC Chicago LLC, Goldman Sachs Group Inc., CMT Capital Markets Trading GmbH, K2 Principal Fund L.P., Cubist Systematic Strategies LLC, Cresset Asset Management LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Optiver Holding B.V., Goldman Sachs Group Inc., Pine Valley Investments Ltd Liability Co, IMC Chicago LLC, D.A. Davidson & CO., UBS Group AG, Concourse Financial Group Securities Inc., CTC LLC, Genus Capital Management Inc., XR Securities LLC, Prosperity Wealth Management Inc., and SpiderRock Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Palantir Technologies saw a decline in short interest in April. As of April 15th, there was short interest totaling 77,920,000 shares, a decline of 5.4% from the previous total of 82,370,000 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.

Here is how the short interest of companies in the sector of "business services" compare to Palantir Technologies: Block, Inc. (2.04%), Gen Digital Inc. (2.94%), Nu Holdings Ltd. (2.15%), Paychex, Inc. (3.54%), Copart, Inc. (1.43%), Waste Connections, Inc. (0.43%), Fidelity National Information Services, Inc. (2.56%), Marvell Technology, Inc. (2.79%), Republic Services, Inc. (1.40%), Spotify Technology S.A. (1.57%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 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 $0.80 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 April, 15 2024.