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Progress Software (PRGS) Short Interest Ratio & Short Volume

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$62.94 -0.78 (-1.22%)
As of 01/17/2025 04:00 PM Eastern

Progress Software Short Interest Data

Progress Software (PRGS) has a short interest of 5.31 million shares, representing 12.58% of the float (the number of shares available for trading by the public). This marks a 2.12% increase in short interest from the previous month. The short interest ratio (days to cover) is 11.6, indicating that it would take 11.6 days of the average trading volume of 454,231 shares to cover all short positions.

Current Short Interest
5,310,000 shares
Previous Short Interest
5,200,000 shares
Change Vs. Previous Month
+2.12%
Dollar Volume Sold Short
$345.95 million
Short Interest Ratio
11.6 Days to Cover
Last Record Date
December 31, 2024
Outstanding Shares
42,900,000 shares
Float Size
42,220,000 shares
Short Percent of Float
12.58%
Today's Trading Volume
473,647 shares
Average Trading Volume
454,231 shares
Today's Volume Vs. Average
104%
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PRGS Short Interest Over Time

PRGS Days to Cover Over Time

PRGS Percentage of Float Shorted Over Time

Progress Software Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/31/20245,310,000 shares $345.95 million +2.1%12.6%11.6 $65.15
12/15/20245,200,000 shares $358.28 million +5.3%12.3%8.8 $68.90
11/30/20244,940,000 shares $337.95 million +1.4%11.7%8.8 $68.41
11/15/20244,870,000 shares $323.90 million +4.7%11.5%9 $66.51
10/31/20244,650,000 shares $298.02 million -3.5%11.0%9.1 $64.09
10/15/20244,820,000 shares $321.11 million +0.4%11.4%9.7 $66.62
9/30/20244,800,000 shares $323.38 million +0.6%11.4%10 $67.37
9/15/20244,770,000 shares $276.61 million -3.4%11.3%12.1 $57.99
8/31/20244,940,000 shares $287.26 million +9.3%11.7%12.5 $58.15
8/15/20244,520,000 shares $256.24 million +2.3%10.7%11.2 $56.69
7/31/20244,420,000 shares $258.13 million +1.1%10.5%10.5 $58.40
7/15/20244,370,000 shares $240.87 million -0.7%10.4%10.4 $55.12
6/30/20244,400,000 shares $238.74 million +4.3%10.5%9.8 $54.26
6/15/20244,220,000 shares $209.02 million +0.5%9.9%8.1 $49.53
5/31/20244,200,000 shares $212.73 million +5.0%9.9%8.6 $50.65
5/15/20244,000,000 shares $205.72 million -2.4%9.4%6.6 $51.43
4/30/20244,100,000 shares $204.26 million +0.7%9.6%6.7 $49.82
4/15/20244,070,000 shares $203.74 million +1.2%9.6%6.5 $50.06
3/31/20244,020,000 shares $214.31 million +10.4%9.3%6.6 $53.31
3/15/20243,640,000 shares $191.39 million +27.7%8.4%7 $52.58
2/29/20242,850,000 shares $152.08 million +16.8%6.6%6 $53.36
2/15/20242,440,000 shares $137.49 million -0.8%5.7%6.7 $56.35
1/31/20242,460,000 shares $139.75 million No Change5.7%7.8 $56.81
1/15/20242,460,000 shares $132.84 million -2.8%5.7%8.1 $54.00
12/31/20232,530,000 shares $137.38 million -8.3%5.9%9 $54.30
12/15/20232,760,000 shares $151.33 million -1.1%6.4%8.9 $54.83
11/30/20232,790,000 shares $150.27 million -2.5%6.5%9.1 $53.86
11/15/20232,860,000 shares $154.21 million +7.9%6.7%9.4 $53.92
10/31/20232,650,000 shares $136.16 million -4.7%6.2%8.9 $51.38
10/15/20232,780,000 shares $145.48 million -7.3%6.5%9.3 $52.33
9/30/20233,000,000 shares $157.74 million +4.9%7.0%10.1 $52.58
9/15/20232,860,000 shares $162.28 million -1.7%6.7%9.1 $56.74
8/31/20232,910,000 shares $177.04 million +8.6%6.8%8.5 $60.84
8/15/20232,680,000 shares $160.40 million -3.9%6.3%7.3 $59.85
7/31/20232,790,000 shares $167.57 million +3.0%6.5%7.5 $60.06
7/15/20232,710,000 shares $158.07 million +14.8%6.4%7.4 $58.33
6/30/20232,360,000 shares $137.12 million -18.3%5.5%6.5 $58.10
6/15/20232,890,000 shares $166.18 million -1.0%6.8%8.1 $57.50
5/31/20232,920,000 shares $175.20 million +6.6%6.9%8.5 $60.00
5/15/20232,740,000 shares $153.66 million -4.5%6.4%8.4 $56.08
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4/30/20232,870,000 shares $157.51 million -12.5%6.7%8.5 $54.88
4/15/20233,280,000 shares $185.71 million -4.7%7.7%9.3 $56.62
3/31/20233,440,000 shares $197.63 million +0.9%8.1%9.8 $57.45
3/15/20233,410,000 shares $194.37 million +1.8%8.0%11 $57.00
2/28/20233,350,000 shares $192.42 million +14.7%7.9%12.1 $57.44
2/15/20232,920,000 shares $169.77 million +6.6%6.9%10.9 $58.14
1/31/20232,740,000 shares $145.33 million +1.5%6.4%10.6 $53.04
1/15/20232,700,000 shares $145.15 million No Change6.4%10.6 $53.76
12/30/20222,700,000 shares $136.22 million +0.4%6.4%10.8 $50.45
12/15/20222,690,000 shares $137.27 million No Change6.4%9.8 $51.03
11/30/20222,690,000 shares $143.43 million +3.1%6.4%9.4 $53.32
11/15/20222,610,000 shares $136.87 million -4.7%6.2%8.9 $52.44
10/31/20222,740,000 shares $139.82 million +1.9%6.5%9.2 $51.03
10/15/20222,690,000 shares $123.34 million +6.3%6.4%9.9 $45.85
9/30/20222,530,000 shares $107.65 million -4.2%6.0%9.2 $42.55
9/15/20222,640,000 shares $114.60 million -5.4%6.2%9.2 $43.41
8/31/20222,790,000 shares $134.28 million +9.8%6.5%10.2 $48.13
8/15/20222,540,000 shares $127.53 million -3.1%6.0%9.3 $50.21
7/31/20222,620,000 shares $123.04 million -3.7%6.1%9.2 $46.96
7/15/20222,720,000 shares $121.39 million +0.7%6.4%8.8 $44.63
6/30/20222,700,000 shares $122.31 million -3.2%6.3%8.1 $45.30
6/15/20222,790,000 shares $133.75 million -1.4%6.5%8.5 $47.94
5/31/20222,830,000 shares $136.72 million +3.3%6.6%9.2 $48.31
5/15/20222,740,000 shares $128.94 million +2.2%6.4%9 $47.06
4/30/20222,680,000 shares $128.59 million +15.5%6.2%8.6 $47.98
4/15/20222,320,000 shares $110.15 million +7.4%5.4%7 $47.48
3/31/20222,160,000 shares $101.71 million -4.0%5.0%6.5 $47.09
3/15/20222,250,000 shares $98.80 million -1.8%5.2%7 $43.91
2/28/20222,290,000 shares $100.94 million -0.4%5.3%6.5 $44.08
2/15/20222,300,000 shares $104.19 million -3.0%5.3%6.4 $45.30
1/31/20222,370,000 shares $107.86 million +22.2%5.5%6.7 $45.51
1/15/20221,940,000 shares $89.08 million +1.6%4.5%5.7 $45.92
12/31/20211,910,000 shares $92.20 million -14.0%4.4%6.3 $48.27
12/15/20212,220,000 shares $106.67 million -4.3%5.2%5.9 $48.05
11/30/20212,320,000 shares $112.40 million +1.8%5.4%6.7 $48.45
11/15/20212,280,000 shares $119.34 million -8.8%5.3%6.8 $52.34
10/29/20212,500,000 shares $128.53 million +11.1%5.8%7.5 $51.41
10/15/20212,250,000 shares $112.91 million -3.0%5.2%6.5 $50.18
9/30/20212,320,000 shares $114.12 million +7.4%5.4%7 $49.19
9/15/20212,160,000 shares $99.75 million -24.5%5.0%6.9 $46.18
8/31/20212,860,000 shares $133.16 million +1.1%6.6%10.4 $46.56
8/13/20212,830,000 shares $128.60 million -2.4%6.6%8.9 $45.44
7/30/20212,900,000 shares $132.21 million +1.1%6.7%7.7 $45.59
7/15/20212,870,000 shares $129.52 million +7.1%6.7%7.6 $45.13
6/30/20212,680,000 shares $123.95 million +38.9%6.2%6.7 $46.25
6/15/20211,930,000 shares $90.71 million +1.1%4.5%4.3 $47.00
5/28/20211,910,000 shares $85.13 million +21.7%4.4%4.3 $44.57
5/14/20211,570,000 shares $68.00 million -10.8%3.6%3.7 $43.31
4/30/20211,760,000 shares $78.95 million +25.7%4.1%4.6 $44.86
4/15/20211,400,000 shares $63.71 million +68.1%3.2%3.8 $45.51
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The investments connected to Trump's second term in ways that almost nobody outside his inner circle is aware of… yet have the potential to deliver colossal returns over the next four years. I’m not talking about Tesla, Palantir, or anything else you’ve heard parroted by the mainstream financial press. No. These are Trump’s Secret Stocks.

3/31/2021832,900 shares $36.41 million -13.1%1.9%2.2 $43.71
3/15/2021958,500 shares $43.56 million -11.3%2.2%2.9 $45.45
2/26/20211,080,000 shares $47.50 million +13.1%2.5%3.4 $43.98
2/12/2021955,300 shares $41.30 million -12.4%2.2%3 $43.23
1/29/20211,090,000 shares $44.84 million +15.0%2.5%3.6 $41.14
1/15/2021947,900 shares $46.27 million -9.7%2.1%3.2 $48.81
12/31/20201,050,000 shares $46.83 million +17.8%2.4%4.1 $44.60
12/15/2020891,100 shares $37.75 million -1.5%2.0%2.8 $42.36
11/30/2020905,000 shares $37.16 million -9.5%2.0%2.8 $41.06
11/15/20201,000,000 shares $40.17 million +2.6%2.3%2.9 $40.17
10/30/2020974,700 shares $35.25 million -15.2%2.2%2.9 $36.16
10/15/20201,150,000 shares $45.92 million +1.8%2.6%3.3 $39.93
9/30/20201,130,000 shares $41.45 million +22.4%2.6%3.1 $36.68
9/15/2020923,600 shares $32.94 million +54.1%2.1%2.9 $35.66
8/31/2020599,400 shares $22.71 million -37.7%1.4%1.9 $37.89
8/14/2020962,500 shares $35.58 million +29.9%2.2%3.1 $36.97
7/31/2020741,000 shares $25.83 million +0.6%1.7%2.3 $34.86
7/15/2020736,500 shares $26.01 million -2.5%1.7%2.2 $35.31
6/30/2020755,400 shares $29.42 million +10.1%1.7%2.3 $38.94
6/15/2020686,200 shares $26.73 million -17.5%1.6%1.8 $38.96
5/29/2020831,400 shares $33.36 million +5.4%1.9%1.9 $40.12
5/15/2020788,700 shares $28.10 million -21.9%1.8%1.7 $35.63
4/30/20201,010,000 shares $41.32 million +3.8%2.3%2.3 $40.91
4/15/2020972,800 shares $35.40 million -8.2%2.2%2.2 $36.39
3/31/20201,060,000 shares $39.95 million +11.1%2.4%2.1 $37.69
3/13/2020953,800 shares $34.31 million +69.0%2.1%2.7 $35.97
2/28/2020564,400 shares $17.04 million -31.3%1.3%1.7 $30.20
2/14/2020821,300 shares $27.78 million -1.6%1.9%2.6 $33.83
1/31/2020834,700 shares $32.93 million +10.8%1.9%2.6 $39.45

PRGS Short Interest - Frequently Asked Questions

What is Progress Software's current short interest?

Short interest is the volume of Progress Software shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 5,310,000 shares of PRGS short. 12.58% of Progress Software's shares are currently sold short. Learn More on Progress Software's current short interest.

What is a good short interest ratio for Progress Software?

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. PRGS shares currently have a short interest ratio of 12.0. Learn More on Progress Software's short interest ratio.

Which institutional investors are shorting Progress Software?

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

What is a good short interest percentage for Progress Software?

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. 12.58% of Progress Software's floating shares are currently sold short.

Is Progress Software's short interest increasing or decreasing?

Progress Software saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 5,310,000 shares, an increase of 2.1% from the previous total of 5,200,000 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.

What is Progress Software's float size?

Progress Software currently has issued a total of 42,900,000 shares. Some of Progress Software'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. Progress Software currently has a public float of 42,220,000 shares.

How does Progress Software's short interest compare to its competitors?

12.58% of Progress Software's shares are currently sold short. Here is how the short interest of companies compare to Progress Software: Commvault Systems, Inc. (2.52%), Qualys, Inc. (8.94%), C3.ai, Inc. (16.88%), Microsoft Co. (0.85%), Oracle Co. (1.20%), ServiceNow, Inc. (1.75%), Fortinet, Inc. (2.09%), Axon Enterprise, Inc. (3.37%), Paylocity Holding Co. (2.04%), NICE Ltd. (4.05%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

What does it mean to sell short Progress Software stock?

Short selling PRGS is an investing strategy that aims to generate trading profit from Progress Software as its price is falling. PRGS shares are trading down $0.78 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.

How does a short squeeze work against Progress Software?

A short squeeze for Progress Software 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 PRGS, which in turn drives the price of the stock up even further.

How often is Progress Software's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PRGS, twice per month. The most recent reporting period available is December, 31 2024.




This page (NASDAQ:PRGS) was last updated on 1/20/2025 by MarketBeat.com Staff
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