Promotora de Informaciones (PRISY) Short Interest Ratio & Short Volume

Short interest is the volume of Promotora de Informaciones shares that have been sold short but have not yet been closed out or covered. As of August 15th, investors have sold 6,400 shares of PRISY short. Learn More on Promotora de Informaciones' current short interest.

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. PRISY shares currently have a short interest ratio of 1.0. Learn More on Promotora de Informaciones's short interest ratio.

Here is how the short interest of companies in the sector of "consumer discretionary" compare to Promotora de Informaciones: WideOpenWest, Inc. (2.86%), AMC Networks Inc. (12.90%), Superior Group of Companies, Inc. (0.99%), Traeger, Inc. (3.45%), Weyco Group, Inc. (0.75%), The Honest Company, Inc. (1.97%), GoPro, Inc. (5.45%), DouYu International Holdings Limited (4.33%), iHeartMedia, Inc. (4.09%), AMMO, Inc. (3.10%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.13 billion), Charter Communications, Inc. ($3.94 billion), Coinbase Global, Inc. ($2.38 billion), Lucid Group, Inc. ($2.30 billion), T. Rowe Price Group, Inc. ($2.22 billion), Williams-Sonoma, Inc. ($2.02 billion), Plug Power Inc. ($1.94 billion), Chesapeake Energy Co. ($1.91 billion), Unity Software Inc. ($1.82 billion), and Rivian Automotive, Inc. ($1.74 billion). View all of the most shorted stocks.

Short selling PRISY is an investing strategy that aims to generate trading profit from Promotora de Informaciones as its price is falling. PRISY shares are trading up $0.07 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 Promotora de Informaciones 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 PRISY, 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 PRISY, twice per month. The most recent reporting period available is August, 15 2022.