Portland General Electric Short Interest Ratio and Short Volume

Short interest is the volume of Portland General Electric shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 1,050,000 shares of POR short. 1.18% of Portland General Electric's shares are currently sold short. View details.

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. Portland General Electric currently has a short interest ratio of 2.0.

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. 1.18% of Portland General Electric's floating shares are currently sold short.

Portland General Electric saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,050,000 shares, an increase of 18.9% from the previous total of 882,800 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.

Portland General Electric currently has issued a total of 89,606,000 shares. Some of Portland General Electric'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. Portland General Electric currently has a public float of 89,050,000 shares.

1.18% of Portland General Electric's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "electric utilities" compare to Portland General Electric: NextEra Energy, Inc. (0.00%), Duke Energy Co. (0.00%), The Southern Company (0.00%), Eversource Energy (0.00%), PPL Co. (0.00%), Edison International (0.00%), Entergy Co. (0.00%), FirstEnergy Corp. (0.00%), Pinnacle West Capital Co. (0.00%), and OGE Energy Corp. (1.39%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling POR is an investing strategy that aims to generate trading profit from Portland General Electric as its price is falling. Portland General Electric's stock is trading up $0.01 today. To short Portland General Electric 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 Portland General Electric 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 Portland General Electric 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 POR, 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 POR, twice per month. The most recent reporting period available is April, 15 2021.