Precision Optics (PEYE) Short Interest Ratio & Short Volume

Short interest is the volume of Precision Optics shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 100 shares of PEYE short. Learn More on Precision Optics' current short interest.

Precision Optics saw a decrease in short interest in October. As of October 15th, there was short interest totaling 100 shares, a decrease of 87.5% from the previous total of 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.

Here is how the short interest of companies in the industry of "medical equipment" compare to Precision Optics: Profound Medical (2.33%), Avita Medical Inc. (18.76%), Lucid Diagnostics Inc. (13.06%), Pro-Dex, Inc. (12.44%), Hyperfine, Inc. (3.52%), Jin Medical International Ltd. (0.51%), Orchestra BioMed Holdings, Inc. (1.84%), InspireMD, Inc. (0.69%), Edap Tms S.A. (0.44%), Fonar Corporation (0.98%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.48 billion), Charter Communications, Inc. ($2.85 billion), Twitter, Inc. ($1.89 billion), T. Rowe Price Group, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.77 billion), Pacific Gas & Electric Co. ($1.75 billion), Lucid Group, Inc. ($1.58 billion), Rivian Automotive, Inc. ($1.42 billion), Roblox Corporation ($1.39 billion), and Williams-Sonoma, Inc. ($1.33 billion). View all of the most shorted stocks.

Short selling PEYE is an investing strategy that aims to generate trading profit from Precision Optics 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 Precision Optics 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 PEYE, 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 PEYE, twice per month. The most recent reporting period available is October, 15 2022.