Pontem Short Interest Ratio and Short Volume

Pontem (NYSE:PNTM) Short Interest Frequently Asked Questions

What is Pontem's current short interest?

Short interest is the volume of Pontem shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 3,500 shares of PNTM short. 0.01% of Pontem's shares are currently sold short. Learn More on Pontem's current short interest.

What is a good short interest percentage for Pontem?

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. 0.01% of Pontem's floating shares are currently sold short.

Is Pontem's short interest increasing or decreasing?

Pontem saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,500 shares, a decline of 87.6% from the previous total of 28,200 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 Pontem's float size?

Pontem currently has issued a total of 86,250,000 shares. Some of Pontem'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. Pontem currently has a public float of 68,390,000 shares.

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

0.01% of Pontem's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Pontem: SIGNA Sports United (0.24%), Austerlitz Acquisition Co. II (0.04%), KKR Acquisition Holdings I Corp. (0.00%), Churchill Capital Corp VII (0.07%), Social Capital Hedosophia Holdings Corp. VI (1.02%), Ares Acquisition Co. (0.05%), Rice Acquisition Corp. II (0.05%), Arrival (20.79%), FTAC Hera Acquisition Corp. (0.01%), and Compute Health Acquisition Corp. (0.05%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Palo Alto Networks, Inc. ($4.31 billion), Charter Communications, Inc. ($3.24 billion), Lucid Group, Inc. ($2.25 billion), HP Inc. ($2.22 billion), GameStop Corp. ($1.69 billion), Carnival Co. & plc ($1.66 billion), Snap Inc. ($1.64 billion), Wayfair Inc. ($1.63 billion), Rivian Automotive, Inc. ($1.60 billion), and Upstart Holdings, Inc. ($1.53 billion). View all of the most shorted stocks.

What does it mean to sell short Pontem stock?

Short selling PNTM is an investing strategy that aims to generate trading profit from Pontem as its price is falling. Pontem's stock is trading up $0.01 today. To short Pontem 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 Pontem 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 Pontem?

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

How often is Pontem'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 PNTM, twice per month. The most recent reporting period available is April, 30 2022.