Pershing Square Tontine (PSTH) Short Interest Ratio & Short Volume

Short interest is the volume of Pershing Square Tontine shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 735,700 shares of PSTH short. 0.38% of Pershing Square Tontine's shares are currently sold short. Learn More on Pershing Square Tontine's current short interest.

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. 0.38% of Pershing Square Tontine's floating shares are currently sold short.

Pershing Square Tontine saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 735,700 shares, an increase of 96.8% from the previous total of 373,800 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.

Pershing Square Tontine currently has issued a total of 200,000,000 shares. Some of Pershing Square Tontine'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. Pershing Square Tontine currently has a public float of 196,160,000 shares.

0.38% of Pershing Square Tontine's shares are currently sold short. Here is how the short interest of companies compare to Pershing Square Tontine: Blue Owl Capital Co. III (0.22%), Inflection Point Acquisition Corp. II (0.56%), Cartesian Growth Co. II (0.01%), SK Growth Opportunities Co. (0.45%), Hennessy Capital Investment Corp. VI (0.03%), Plum Acquisition Corp. III (0.02%), Zalatoris Acquisition Corp. (0.00%), Concord Acquisition Corp II (0.00%), Papaya Growth Opportunity Corp. I (0.01%), Direct Selling Acquisition Corp. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.48 billion), Occidental Petroleum Corporation ($3.23 billion), TC Energy Corporation ($2.86 billion), Lucid Group, Inc. ($2.34 billion), T. Rowe Price Group, Inc. ($1.87 billion), HP Inc. ($1.83 billion), GameStop Corp. ($1.63 billion), Coinbase Global, Inc. ($1.53 billion), Rivian Automotive, Inc. ($1.45 billion), and Lumen Technologies, Inc. ($1.42 billion). View all of the most shorted stocks.

Short selling PSTH is an investing strategy that aims to generate trading profit from Pershing Square Tontine as its price is falling. To short a 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 a stock 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 Pershing Square Tontine 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 PSTH, 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 PSTH, twice per month. The most recent reporting period available is June, 30 2022.