Papaya Growth Opportunity Corp. I (PPYA) Short Interest Ratio & Short Volume

Short interest is the volume of Papaya Growth Opportunity Corp. I shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 1,700 shares of PPYA short. 0.18% of Papaya Growth Opportunity Corp. I's shares are currently sold short. Learn More on Papaya Growth Opportunity Corp. I'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. PPYA shares currently have a short interest ratio of 1.0. Learn More on Papaya Growth Opportunity Corp. I's short interest ratio.

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. 0.18% of Papaya Growth Opportunity Corp. I's floating shares are currently sold short.

Papaya Growth Opportunity Corp. I saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,700 shares, a decline of 5.6% from the previous total of 1,800 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.

Papaya Growth Opportunity Corp. I currently has issued a total of 9,605,000 shares. Some of Papaya Growth Opportunity Corp. I'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. Papaya Growth Opportunity Corp. I currently has a public float of 960,500 shares.

0.18% of Papaya Growth Opportunity Corp. I's shares are currently sold short. Here is how the short interest of companies in the industry of "trading" compare to Papaya Growth Opportunity Corp. I: Gladstone Land Co. (2.26%), Peakstone Realty Trust (4.34%), Rigel Resource Acquisition Corp. (0.00%), Inflection Point Acquisition Corp. II (0.06%), Bioceres Crop Solutions Corp. (2.06%), BRT Apartments Corp. (1.69%), Uranium Royalty Corp. (11.84%), Mesabi Trust (3.41%), Postal Realty Trust, Inc. (0.60%), Chicago Atlantic Real Estate Finance, Inc. (1.56%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.18 billion), Charter Communications, Inc. ($3.91 billion), Reddit, Inc. ($3.16 billion), The Kroger Co. ($2.75 billion), International Paper ($2.57 billion), Cencora, Inc. ($2.06 billion), SoFi Technologies, Inc. ($2.06 billion), Rivian Automotive, Inc. ($2.00 billion), Live Nation Entertainment, Inc. ($1.63 billion), and Hims & Hers Health, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling PPYA is an investing strategy that aims to generate trading profit from Papaya Growth Opportunity Corp. I 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 Papaya Growth Opportunity Corp. I 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 PPYA, 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 PPYA, twice per month. The most recent reporting period available is January, 15 2025.