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Paramount Gold Nevada Short Interest Ratio and Short Volume

+0.08 (+8.24 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $1.05
50-Day Range N/A
52-Week Range
Now: $1.05
Volume294,890 shs
Average Volume160,660 shs
Market Capitalization$36.04 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Paramount Gold Nevada (NYSEAMERICAN:PZG) Short Interest Data

Current Short Volume:265,600 shares
Previous Short Volume:130,100 shares
Change Vs. Previous Month:+104.15%
Dollar Volume Sold Short:$297,472.00
Short Interest Ratio / Days to Cover:2.0
Last Record Date:October, 30 2020
Outstanding Shares:26,520,000 shares
Float Size:26,360,000 shares
Short Percent of Float:1.01%
Today's Trading Volume:294,890 shares
Average Trading Volume:160,660 shares
Today's Volume Vs. Average:83.55%

Paramount Gold Nevada (NYSEAMERICAN:PZG) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020265,600 $297,472.00 104.2%1.0%1.6$1.12
10/15/2020130,100 $148,314.00 -22.1%0.0%0.7$1.14
9/30/2020167,100 $208,875.00 -19.1%0.6%0.6$1.25
9/15/2020206,600 $241,722.00 26.1%0.9%0.6$1.17
8/31/2020163,800 $183,456.00 -15.7%0.7%0.5$1.12
8/14/2020194,200 $223,330.00 18.8%0.8%0.7$1.15
7/31/2020163,500 $210,915.00 -36.6%0.7%0.6$1.29
7/15/2020258,000 $345,720.00 121.1%1.1%1$1.34
6/30/2020116,700 $156,378.00 9.1%0.5%0.6$1.34
6/15/2020107,000 $127,330.00 0.2%0.5%0.9$1.19
5/29/2020106,800 $114,276.00 6.1%0.5%1$1.07
5/15/2020100,700 $112,784.00 -31.4%0.5%1$1.12
4/30/2020146,800 $157,076.00 -14.5%0.7%1.6$1.07
4/15/2020171,600 $209,352.00 28.7%0.8%2.4$1.22
3/31/2020133,300 $157,294.00 1.5%0.6%2.4$1.18
3/13/2020131,400 $106,434.00 -12.6%0.7%3.1$0.81
2/28/2020150,300 $82,665.00 4.6%0.7%3.5$0.55
2/14/2020143,700 $103,464.00 -21.2%0.6%3.7$0.72
1/31/2020182,300 $175,008.00 25.0%0.8%5.7$0.96
1/15/2020145,900 $140,064.00 -8.8%0.7%5$0.96
12/31/2019160,000 $152,000.00 1.5%0.8%5.9$0.95

Paramount Gold Nevada (NYSEAMERICAN:PZG) Short Interest FAQ

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What is Paramount Gold Nevada's current short interest?

Short interest is the volume of Paramount Gold Nevada shares that have been sold short but have not yet been covered or closed out. As of October 30th, investors have sold 265,600 shares of PZG short. 1.01% of Paramount Gold Nevada's shares are currently sold short. View details.

What is a good short interest ratio for Paramount Gold Nevada?

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. Paramount Gold Nevada currently has a short interest ratio of 2.0.

What is a good short interest percentage for Paramount Gold Nevada?

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. 1.01% of Paramount Gold Nevada's floating shares are currently sold short.

Is Paramount Gold Nevada's short interest increasing or decreasing?

Paramount Gold Nevada saw a increase in short interest in October. As of October 30th, there was short interest totaling 265,600 shares, an increase of 104.2% from the previous total of 130,100 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.

What is Paramount Gold Nevada's float size?

Paramount Gold Nevada currently has issued a total of 34,288,000 shares. Some of Paramount Gold Nevada'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. Paramount Gold Nevada currently has a public float of 26,360,000 shares.

How does Paramount Gold Nevada's short interest compare to its competitors?

1.01% of Paramount Gold Nevada's shares are currently sold short. Here is how the short interest of companies in the industry of "industrial metals & minerals" compare to Paramount Gold Nevada: Western Copper and Gold Co. (0.28%), Ur-Energy Inc. (2.05%), Golden Minerals (0.00%), United States Antimony Co. (1.26%), Solitario Zinc Corp. (0.12%), Adriatic Metals PLC (0.00%), Almonty Industries Inc. (0.00%), American Battery Metals Co. (0.00%), Anglo American Platinum Limited (0.00%), and Antofagasta plc (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: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Paramount Gold Nevada stock?

Short selling PZG is an investing strategy that aims to generate trading profit from Paramount Gold Nevada as its price is falling. Paramount Gold Nevada's stock is trading up $0.08 today. To short Paramount Gold Nevada 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 Paramount Gold Nevada 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 Paramount Gold Nevada?

A short squeeze for Paramount Gold Nevada 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 PZG, which in turn drives the price of the stock up even further.

How often is Paramount Gold Nevada'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 PZG, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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