Putnam Premier Income Trust Short Interest Ratio and Short Volume

Putnam Premier Income Trust (NYSE:PPT) Short Interest Frequently Asked Questions

What is Putnam Premier Income Trust's current short interest?

Short interest is the volume of Putnam Premier Income Trust shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 55,200 shares of PPT short. Learn More on Putnam Premier Income Trust's current short interest.

Is Putnam Premier Income Trust's short interest increasing or decreasing?

Putnam Premier Income Trust saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 55,200 shares, an increase of 557.1% from the previous total of 8,400 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 Putnam Premier Income Trust's short interest compare to its competitors?

0.00% of Putnam Premier Income Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Putnam Premier Income Trust: Boulder Growth & Income Fund, Inc. (0.00%), Nuveen Nasdaq 100 Dynamic Overwrite Fund (0.00%), Tekla Healthcare Investors (0.00%), Cornerstone Strategic Value Fund, Inc. (0.00%), AllianceBernstein Global High Income Fund (0.00%), Central Securities Corp. (0.00%), General American Investors Company, Inc. (0.00%), Aberdeen Asia-Pacific Income Fund, Inc. (0.00%), BlackRock MuniYield Quality Fund III, Inc. (0.00%), and Invesco Municipal Opportunity Trust (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Putnam Premier Income Trust stock?

Short selling PPT is an investing strategy that aims to generate trading profit from Putnam Premier Income Trust as its price is falling. Putnam Premier Income Trust's stock is trading down $0.03 today. To short Putnam Premier Income Trust 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 Putnam Premier Income Trust 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 Putnam Premier Income Trust?

A short squeeze for Putnam Premier Income Trust 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 PPT, which in turn drives the price of the stock up even further.

How often is Putnam Premier Income Trust'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 PPT, twice per month. The most recent reporting period available is November, 15 2021.