PETRONAS Chemicals Group Berhad (PECGF) Short Interest Ratio & Short Volume

Short interest is the volume of PETRONAS Chemicals Group Berhad shares that have been sold short but have not yet been closed out or covered. As of December 30th, traders have sold 200 shares of PECGF short. Learn More on PETRONAS Chemicals Group Berhad's current short interest.

PETRONAS Chemicals Group Berhad saw a increase in short interest in December. As of December 30th, there was short interest totaling 200 shares, an increase of ∞ from the previous total of 0 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.31 billion), T. Rowe Price Group, Inc. ($2.13 billion), TC Energy Co. ($2.13 billion), Paramount Global ($1.50 billion), Coinbase Global, Inc. ($1.48 billion), Etsy, Inc. ($1.48 billion), PG&E Co. ($1.47 billion), Old Dominion Freight Line, Inc. ($1.46 billion), United Rentals, Inc. ($1.35 billion), and Voya Financial, Inc. ($1.32 billion). View all of the most shorted stocks.

Short selling PECGF is an investing strategy that aims to generate trading profit from PETRONAS Chemicals Group Berhad 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 PETRONAS Chemicals Group Berhad 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 PECGF, 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 PECGF, twice per month. The most recent reporting period available is December, 30 2022.