Plastic2Oil (PTOI) Short Interest Ratio & Short Volume

Short interest is the volume of Plastic2Oil shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 500 shares of PTOI short. Learn More on Plastic2Oil's current short interest.

Here is how the short interest of companies in the sector of "business services" compare to Plastic2Oil: Full Truck Alliance Co. Ltd. (5.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.05 billion), Occidental Petroleum Co. ($3.06 billion), Moderna, Inc. ($2.37 billion), Paramount Global ($2.14 billion), T. Rowe Price Group, Inc. ($2.13 billion), Coinbase Global, Inc. ($2.00 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.77 billion), CarMax, Inc. ($1.59 billion), and Old Dominion Freight Line, Inc. ($1.56 billion). View all of the most shorted stocks.

Short selling PTOI is an investing strategy that aims to generate trading profit from Plastic2Oil 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 Plastic2Oil 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 PTOI, 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 PTOI, twice per month. The most recent reporting period available is April, 30 2023.