NYSE:PNW

Pinnacle West Capital Short Interest Ratio and Short Volume

$81.77
-0.05 (-0.06 %)
(As of 04/9/2021 12:00 AM ET)
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Today's Range
$81.52
Now: $81.77
$82.58
50-Day Range
$69.93
MA: $78.06
$83.33
52-Week Range
$69.29
Now: $81.77
$91.88
Volume547,151 shs
Average Volume868,718 shs
Market Capitalization$9.22 billion
P/E Ratio14.55
Dividend Yield4.06%
Beta0.25

Short Interest

Pinnacle West Capital (NYSE:PNW) Short Interest Data

Current Short Volume2,760,000 shares
Previous Short Volume2,740,000 shares
Change Vs. Previous Month:+0.73%
Dollar Volume Sold Short$221.41 million
Short Interest Ratio / Days to Cover3.2
Last Record DateMarch, 15 2021
Outstanding Shares112,280,000 shares
Percentage of Shares Shorted2.45%
Today's Trading Volume547,151 shares
Average Trading Volume868,718 shares
Today's Volume Vs. Average-37.02%

Short Interest Over Time


Pinnacle West Capital (NYSE:PNW) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/15/20212,760,000 shares $221.41 million +0.7%N/A3.2 $80.22
2/26/20212,740,000 shares $214.98 million +8.3%N/A3.1 $78.46
2/12/20212,530,000 shares $176.92 million -16.0%N/A3 $69.93
1/29/20213,010,000 shares $232.13 million +24.9%N/A3.5 $77.12
1/15/20212,410,000 shares $184.80 million -36.8%N/A2.7 $76.68
12/31/20202,310,000 shares $177.15 million No ChangeN/A2.5 $76.69
12/15/20202,310,000 shares $179.56 million No ChangeN/A2.5 $77.73
11/30/20202,310,000 shares $181.68 million +6.0%N/A2.5 $78.65
11/15/20202,180,000 shares $178.43 million +23.2%N/A2.4 $81.85
10/30/20201,770,000 shares $158.34 million -5.4%N/A1.9 $89.46
10/15/20201,870,000 shares $160.56 million -9.2%N/A2.1 $85.86
9/30/20202,060,000 shares $166.30 million +6.7%N/A2.3 $80.73
9/15/20201,930,000 shares $142.38 million +19.1%N/A2.1 $73.77
8/31/20201,620,000 shares $115.38 million -20.2%N/A1.6 $71.22
8/14/20202,030,000 shares $145.23 million -7.7%N/A1.8 $71.54
7/31/20202,200,000 shares $169.25 million -12.0%N/A1.9 $76.93
7/15/20202,500,000 shares $207.70 million +3.3%2.2%2.1 $83.08
6/30/20202,420,000 shares $196.94 million -7.3%2.2%2 $81.38
6/15/20202,610,000 shares $197.11 million +14.0%2.3%2.2 $75.52
5/29/20202,290,000 shares $164.01 million -20.5%2.0%1.8 $71.62
5/15/20202,880,000 shares $224.35 million +55.7%2.6%2.3 $77.90
4/30/20201,850,000 shares $139.68 million -18.5%1.7%1.5 $75.50
4/15/20202,270,000 shares $167.19 million -6.2%2.0%1.9 $73.65
3/31/20202,420,000 shares $186.68 million -30.9%2.2%2.1 $77.14
3/13/20203,500,300 shares $287.83 million +8.4%3.1%3.5 $82.23

Pinnacle West Capital (NYSE:PNW) Short Interest FAQ

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What is Pinnacle West Capital's current short interest?

Short interest is the volume of Pinnacle West Capital shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 2,760,000 shares of PNW short.

What is a good short interest ratio for Pinnacle West Capital?

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. Pinnacle West Capital currently has a short interest ratio of 3.0.

Is Pinnacle West Capital's short interest increasing or decreasing?

Pinnacle West Capital saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 2,760,000 shares, an increase of 0.7% from the previous total of 2,740,000 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.

How does Pinnacle West Capital's short interest compare to its competitors?

0.00% of Pinnacle West Capital's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "electric utilities" compare to Pinnacle West Capital: NextEra Energy, Inc. (0.00%), Duke Energy Co. (0.00%), The Southern Company (0.00%), Eversource Energy (0.00%), Edison International (0.00%), PPL Co. (0.00%), Entergy Co. (0.00%), FirstEnergy Corp. (0.00%), OGE Energy Corp. (1.15%), and IDACORP, Inc. (1.33%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

What does it mean to sell short Pinnacle West Capital stock?

Short selling PNW is an investing strategy that aims to generate trading profit from Pinnacle West Capital as its price is falling. Pinnacle West Capital's stock is trading down $0.05 today. To short Pinnacle West Capital 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 Pinnacle West Capital 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 Pinnacle West Capital?

A short squeeze for Pinnacle West Capital 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 PNW, which in turn drives the price of the stock up even further.

How often is Pinnacle West Capital'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 PNW, twice per month. The most recent reporting period available is March, 15 2021.



This page was last updated on 4/10/2021 by MarketBeat.com Staff
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