Kering (PPRUY) Short Interest Ratio & Short Volume

Short interest is the volume of Kering shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 51,100 shares of PPRUY short. Learn More on Kering's current short interest.

Kering saw a decline in short interest in May. As of May 15th, there was short interest totaling 51,100 shares, a decline of 71.5% from the previous total of 179,400 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 sector of "retail/wholesale" compare to Kering: Target Co. (2.09%), MercadoLibre, Inc. (2.00%), Chipotle Mexican Grill, Inc. (2.98%), O'Reilly Automotive, Inc. (1.52%), ITOCHU Co. (0.00%), The TJX Companies, Inc. (0.58%), CVS Health Co. (1.19%), JD.com, Inc. (1.47%), Compass Group PLC (0.00%), Dollar General Co. (2.48%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling PPRUY is an investing strategy that aims to generate trading profit from Kering as its price is falling. PPRUY shares are trading up $0.84 today. 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 Kering 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 PPRUY, 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 PPRUY, twice per month. The most recent reporting period available is May, 15 2023.