Playtika (PLTK) Short Interest Ratio & Short Volume

Short interest is the volume of Playtika shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 4,020,000 shares of PLTK short. 7.71% of Playtika's shares are currently sold short. Learn More on Playtika's 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. PLTK shares currently have a short interest ratio of 6.0. Learn More on Playtika's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Playtika: Jane Street Group LLC, and PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 7.71% of Playtika's floating shares are currently sold short.

Playtika currently has issued a total of 372,713,000 shares. Some of Playtika'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. Playtika currently has a public float of 52,140,000 shares.

7.71% of Playtika's shares are currently sold short. Here is how the short interest of companies in the industry of "business services" compare to Playtika: Allegion plc (1.98%), WPP plc (0.13%), Maplebear Inc. (7.06%), UL Solutions Inc. (0.84%), Medpace Holdings, Inc. (4.31%), Stantec Inc. (0.83%), Globant S.A. (6.03%), HealthEquity, Inc. (4.80%), Bilibili Inc. (4.32%), MARA Holdings, Inc. (21.88%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling PLTK is an investing strategy that aims to generate trading profit from Playtika as its price is falling. PLTK shares are trading up $0.06 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 Playtika 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 PLTK, 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 PLTK, twice per month. The most recent reporting period available is October, 31 2024.