Perpetual Energy Short Interest Ratio and Short Volume

Perpetual Energy (OTCMKTS:PMGYF) Short Interest Frequently Asked Questions

What is Perpetual Energy's current short interest?

Short interest is the volume of Perpetual Energy shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 600 shares of PMGYF short. Learn More on Perpetual Energy's current short interest.

Is Perpetual Energy's short interest increasing or decreasing?

Perpetual Energy saw a increase in short interest in August. As of August 31st, there was short interest totaling 600 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.

How does Perpetual Energy's short interest compare to its competitors?

0.00% of Perpetual Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "oil & gas e&p" compare to Perpetual Energy: 88 Energy Limited (0.00%), Afentra PLC (0.00%), Africa Energy Corp. (0.00%), Aker BP ASA (0.00%), Altura Energy Inc. (0.00%), Athabasca Oil Co. (0.00%), Beach Energy Limited (0.00%), Cardinal Energy Ltd. (0.00%), Challenger Energy Group PLC (0.00%), and Chariot Oil & Gas Limited (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: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

What does it mean to sell short Perpetual Energy stock?

Short selling PMGYF is an investing strategy that aims to generate trading profit from Perpetual Energy as its price is falling. To short Perpetual Energy 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 Perpetual Energy 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 Perpetual Energy?

A short squeeze for Perpetual Energy 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 PMGYF, which in turn drives the price of the stock up even further.

How often is Perpetual Energy'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 PMGYF, twice per month. The most recent reporting period available is August, 31 2021.