Patriot Scientific (PTSC) Short Interest Ratio & Short Volume

Short interest is the volume of Patriot Scientific shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 151,300 shares of PTSC short. Learn More on Patriot Scientific's current short interest.

Patriot Scientific saw a increase in short interest during the month of November. As of November 30th, there was short interest totaling 151,300 shares, an increase of 243.9% from the previous total of 44,000 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 compare to Patriot Scientific: Dolby Laboratories, Inc. (2.12%), InterDigital, Inc. (7.77%), Digital Turbine, Inc. (7.73%), Acacia Research Co. (1.56%), The Joint Corp. (4.04%), Quarterhill Inc. (0.42%), Research Frontiers Incorporated (1.01%), VirnetX Holding Co. (4.04%), Network-1 Technologies, Inc. (0.02%), Royalty Management Holding Co. (0.33%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.79 billion), Aon plc ($4.20 billion), Analog Devices, Inc. ($3.66 billion), Moderna, Inc. ($3.51 billion), Uber Technologies, Inc. ($3.24 billion), Snap Inc. ($3.07 billion), The Clorox Company ($2.65 billion), The Kroger Co. ($2.24 billion), International Flavors & Fragrances Inc. ($2.08 billion), and Expedia Group, Inc. ($1.86 billion). View all of the most shorted stocks.

Short selling PTSC is an investing strategy that aims to generate trading profit from Patriot Scientific 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 Patriot Scientific 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 PTSC, 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 PTSC, twice per month. The most recent reporting period available is November, 30 2020.