Global Trac Solutions Short Interest Ratio and Short Volume

Short interest is the volume of Global Trac Solutions shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 22,700 shares of PSYC short.

Global Trac Solutions saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 22,700 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.

0.00% of Global Trac Solutions' shares are currently sold short. Here is how the short interest of companies in the industry of "advertising agencies" compare to Global Trac Solutions: WPP plc (0.12%), Omnicom Group Inc. (4.14%), Publicis Groupe S.A. (0.00%), The Interpublic Group of Companies, Inc. (0.00%), Criteo S.A. (4.94%), Groupon, Inc. (12.78%), MDC Partners Inc. (0.49%), SRAX, Inc. (0.00%), AirNet Technology Inc. (0.00%), and InnerScope Hearing Technologies, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling PSYC is an investing strategy that aims to generate trading profit from Global Trac Solutions as its price is falling. To short Global Trac Solutions 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 Global Trac Solutions 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 Global Trac Solutions 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 PSYC, 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 PSYC, twice per month. The most recent reporting period available is March, 31 2021.