S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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PPG Industries Short Interest Ratio and Short Volume

+3.03 (+2.25 %)
(As of 03/1/2021 12:00 AM ET)
Today's Range
Now: $137.85
50-Day Range
MA: $140.20
52-Week Range
Now: $137.85
Volume954,564 shs
Average Volume1.50 million shs
Market Capitalization$32.64 billion
P/E Ratio30.43
Dividend Yield1.60%

Short Interest

PPG Industries (NYSE:PPG) Short Interest Data

Current Short Volume3,830,000 shares
Previous Short Volume3,640,000 shares
Change Vs. Previous Month:+5.22%
Dollar Volume Sold Short$516.36 million
Short Interest Ratio / Days to Cover2.9
Last Record DateFebruary, 12 2021
Outstanding Shares236,290,000 shares
Percentage of Shares Shorted1.62%
Today's Trading Volume954,564 shares
Average Trading Volume1,503,208 shares
Today's Volume Vs. Average-36.50%

Short Interest Over Time

PPG Industries (NYSE:PPG) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20213,830,000 shares $516.36 million +5.2%N/A2.9 $134.82
1/29/20213,640,000 shares $502.17 million -9.5%1.5%2.8 $137.96
1/15/20214,020,000 shares $559.34 million +7.5%1.7%3.2 $139.14
12/31/20203,830,000 shares $572.39 million +15.4%1.6%3.1 $149.45
12/15/20203,830,000 shares $552.82 million +15.4%1.6%3.1 $144.34
11/30/20203,320,000 shares $482.83 million -6.2%1.4%2.6 $145.43
11/15/20203,540,000 shares $519.57 million -3.5%1.5%2.7 $146.77
10/30/20203,670,000 shares $524.15 million -17.2%1.6%2.7 $142.82
10/15/20204,430,000 shares $564.34 million -4.1%1.9%3.3 $127.39
9/30/20204,620,000 shares $617.09 million +1.8%2.0%3.2 $133.57
9/15/20204,540,000 shares $545.94 million +2.0%1.9%3.1 $120.25
8/31/20204,450,000 shares $558.25 million +15.0%1.9%3.1 $125.45
8/14/20203,870,000 shares $479.88 million +3.5%1.6%2.5 $124.00
7/31/20203,740,000 shares $447.42 million +9.0%1.6%2.2 $119.63
7/15/20203,430,000 shares $369.24 million -5.0%1.5%1.9 $107.65
6/30/20203,610,000 shares $399.12 million +16.5%1.5%2.1 $110.56
6/15/20203,100,000 shares $327.70 million +17.0%1.3%1.6 $105.71
5/29/20202,650,000 shares $269.98 million +5.2%1.1%1.2 $101.88
5/15/20202,520,000 shares $256.21 million -9.0%1.1%1.1 $101.67
4/30/20202,770,000 shares $283.51 million -26.5%1.2%1.2 $102.35
4/15/20203,770,000 shares $340.88 million +20.1%1.6%1.7 $90.42
3/31/20203,140,000 shares $291.20 million -21.6%1.3%1.4 $92.74
3/13/20204,006,300 shares $389.29 million -23.5%1.7%2.3 $97.17
2/28/20205,240,000 shares $379.90 million +6.3%2.2%3.1 $72.50
2/14/20204,930,000 shares $502.76 million -6.5%2.1%3.3 $101.98

PPG Industries (NYSE:PPG) Short Interest FAQ

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What is PPG Industries' current short interest?

Short interest is the volume of PPG Industries shares that have been sold short but have not yet been closed out or covered. As of February 12th, traders have sold 3,830,000 shares of PPG short.

What is a good short interest ratio for PPG Industries?

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. PPG Industries currently has a short interest ratio of 3.0.

Is PPG Industries' short interest increasing or decreasing?

PPG Industries saw a increase in short interest in February. As of February 12th, there was short interest totaling 3,830,000 shares, an increase of 5.2% from the previous total of 3,640,000 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 PPG Industries' short interest compare to its competitors?

0.00% of PPG Industries' shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to PPG Industries: BHP Group (0.00%), Rio Tinto Group (0.61%), Vale S.A. (1.53%), Basf Se (0.00%), L'Air Liquide S.A. (0.00%), Shin-Etsu Chemical Co., Ltd. (0.00%), BHP Group (0.00%), Ecolab Inc. (0.73%), Southern Copper Co. (6.33%), and Air Products and Chemicals, Inc. (0.72%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short PPG Industries stock?

Short selling PPG is an investing strategy that aims to generate trading profit from PPG Industries as its price is falling. PPG Industries' stock is trading up $3.03 today. To short PPG Industries 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 PPG Industries 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 PPG Industries?

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

How often is PPG Industries' 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 PPG, twice per month. The most recent reporting period available is February, 12 2021.

This page was last updated on 3/2/2021 by MarketBeat.com Staff

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