Paranovus Entertainment Technology (PAVS) Short Interest Ratio & Short Volume

Short interest is the volume of Paranovus Entertainment Technology shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 29,300 shares of PAVS short. 0.06% of Paranovus Entertainment Technology's shares are currently sold short. Learn More on Paranovus Entertainment Technology's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.06% of Paranovus Entertainment Technology's floating shares are currently sold short.

Paranovus Entertainment Technology saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 29,300 shares, an increase of 49.5% from the previous total of 19,600 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.

Paranovus Entertainment Technology currently has issued a total of 7,337,000 shares. Some of Paranovus Entertainment Technology's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Paranovus Entertainment Technology currently has a public float of 53,080,000 shares.

0.06% of Paranovus Entertainment Technology's shares are currently sold short. Here is how the short interest of companies compare to Paranovus Entertainment Technology: Mannatech, Incorporated (0.21%), Natural Alternatives International, Inc. (0.09%), BIT Mining Limited (1.44%), FlexShopper, Inc. (0.30%), XBP Europe Holdings, Inc. (0.26%), comScore, Inc. (0.64%), Cheer Holding, Inc. (0.30%), CDT Environmental Technology Investment Holdings Limited (0.10%), Primech Holdings Ltd. (2.28%), Aeries Technology, Inc (2.32%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling PAVS is an investing strategy that aims to generate trading profit from Paranovus Entertainment Technology as its price is falling. PAVS shares are trading down $0.01 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 Paranovus Entertainment Technology 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 PAVS, 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 PAVS, twice per month. The most recent reporting period available is October, 15 2024.