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Purple Innovation (PRPL) Short Interest Ratio & Short Volume

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$0.94 -0.04 (-4.10%)
(As of 12/13/2024 ET)

Purple Innovation Short Interest Data

Purple Innovation (PRPL) has a short interest of 3.37 million shares. This marks a -9.41% decrease in short interest from the previous month. The short interest ratio (days to cover) is 10.5, indicating that it would take 10.5 days of the average trading volume of 524,197 shares to cover all short positions.

Current Short Interest
3,370,000 shares
Previous Short Interest
3,720,000 shares
Change Vs. Previous Month
-9.41%
Dollar Volume Sold Short
$3.23 million
Short Interest Ratio
10.5 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
107,710,000 shares
Percentage of Shares Shorted
3.13%
Today's Trading Volume
420,822 shares
Average Trading Volume
524,197 shares
Today's Volume Vs. Average
80%
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PRPL Short Interest Over Time

PRPL Days to Cover Over Time

PRPL Percentage of Float Shorted Over Time

Purple Innovation Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/20243,370,000 shares $3.23 million -9.4%N/A10.5 $0.96
11/15/20243,720,000 shares $3.05 million +3.1%N/A11.7 $0.82
10/31/20243,610,000 shares $3.22 million +2.0%N/A11.6 $0.89
10/15/20243,540,000 shares $3.23 million -19.4%N/A11.5 $0.91
9/30/20244,390,000 shares $4.34 million -4.2%N/A12.2 $0.99
9/15/20244,580,000 shares $5.04 million -0.2%N/A11.9 $1.10
8/31/20244,590,000 shares $5.51 million +2.5%N/A11.3 $1.20
8/15/20244,480,000 shares $5.06 million +18.5%N/A10.5 $1.13
7/31/20243,780,000 shares $5.22 million -19.9%N/A8.3 $1.38
7/15/20244,720,000 shares $5.66 million +13.5%N/A10.6 $1.20
6/30/20244,160,000 shares $4.33 million -2.8%N/A9.7 $1.04
6/15/20244,280,000 shares $4.32 million +2.6%N/A9 $1.01
5/31/20244,170,000 shares $5.21 million -0.2%N/A7.2 $1.25
5/15/20244,180,000 shares $6.19 million -2.6%N/A6.1 $1.48
4/30/20244,290,000 shares $6.52 million +0.9%N/A5.6 $1.52
4/15/20244,250,000 shares $6.59 million -26.7%N/A5 $1.55
3/31/20245,800,000 shares $10.09 million -7.9%N/A6.5 $1.74
3/15/20246,300,000 shares $9.83 million -0.5%N/A6.8 $1.56
2/29/20246,330,000 shares $11.77 million +3.1%N/A6.1 $1.86
2/15/20246,140,000 shares $9.39 million -1.0%N/A5.7 $1.53
1/31/20246,200,000 shares $6.32 million +8.4%N/A4.6 $1.02
1/15/20245,720,000 shares $4.84 million -5.9%N/A4 $0.85
12/31/20236,080,000 shares $6.26 million -3.3%N/A4.4 $1.03
12/15/20236,290,000 shares $5.98 million -1.3%N/A4.5 $0.95
11/30/20236,370,000 shares $3.95 million -4.4%N/A4.7 $0.62
11/15/20236,660,000 shares $4.18 million -4.3%N/A5.7 $0.63
10/31/20236,960,000 shares $6.75 million +6.1%N/A7.4 $0.97
10/15/20236,560,000 shares $8.86 million +8.3%N/A7.6 $1.35
9/30/20236,060,000 shares $10.36 million -6.1%N/A7.1 $1.71
9/15/20236,450,000 shares $14.51 million +2.4%N/A7.8 $2.25
8/31/20236,300,000 shares $13.67 million -8.2%N/A7.7 $2.17
8/15/20236,860,000 shares $16.12 million -4.7%N/A7.5 $2.35
7/31/20237,200,000 shares $22.46 million +4.5%N/A7.1 $3.12
7/15/20236,890,000 shares $19.71 million -1.3%N/A7 $2.86
6/30/20236,980,000 shares $19.40 million +1.3%N/A6.6 $2.78
6/15/20236,890,000 shares $20.39 million +27.6%N/A6.1 $2.96
5/31/20235,400,000 shares $18.68 million -7.9%N/A4.3 $3.46
5/15/20235,860,000 shares $17.58 million +7.5%N/A5.1 $3.00
4/30/20235,450,000 shares $16.19 million -0.6%N/A4.9 $2.97
4/15/20235,480,000 shares $13.92 million -11.6%N/A5 $2.54
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3/31/20236,200,000 shares $16.37 million +4.6%N/A6.1 $2.64
3/15/20235,930,000 shares $19.27 million No ChangeN/A6.6 $3.25
2/28/20235,930,000 shares $25.62 million -13.1%N/A8.3 $4.32
2/15/20236,820,000 shares $30.83 million +34.5%N/A10 $4.52
1/31/20235,070,000 shares $29.41 million +2.6%N/A6.9 $5.80
1/15/20234,940,000 shares $28.45 million -5.5%N/A7.5 $5.76
12/30/20225,230,000 shares $25.05 million -0.4%N/A7.2 $4.79
12/15/20225,250,000 shares $25.99 million +5.0%N/A6.1 $4.95
11/30/20225,000,000 shares $25.25 million -18.0%N/A2.3 $5.05
11/15/20226,100,000 shares $33.18 million -12.1%N/A2.6 $5.44
10/31/20226,940,000 shares $24.43 million +1.5%N/A3 $3.52
10/15/20226,840,000 shares $25.92 million +10.9%N/A2.8 $3.79
9/30/20226,170,000 shares $24.99 million -34.9%N/A2.5 $4.05
9/15/20229,480,000 shares $27.30 million +1.8%N/A3.8 $2.88
8/31/20229,310,000 shares $26.63 million -11.3%N/A6.9 $2.86
8/15/202210,490,000 shares $40.39 million +1.8%N/A7.1 $3.85
7/31/202210,310,000 shares $35.98 million -0.9%N/A5.3 $3.49
7/15/202210,400,000 shares $34.42 million +16.5%N/A5 $3.31
6/30/20228,930,000 shares $27.33 million -9.1%N/A4.3 $3.06
6/15/20229,820,000 shares $39.48 million +5.1%N/A4.3 $4.02
5/31/20229,340,000 shares $48.38 million +34.0%N/A4.3 $5.18
5/15/20226,970,000 shares $30.88 million +2.2%N/A2.9 $4.43
4/30/20226,820,000 shares $28.10 million -4.9%N/A3.4 $4.12
4/15/20227,170,000 shares $39.79 million +7.2%N/A3.6 $5.55
3/31/20226,690,000 shares $39.14 million +5.9%N/A3.2 $5.85
3/15/20226,320,000 shares $43.04 million +9.3%9.6%3.1 $6.81
2/28/20225,780,000 shares $34.80 million +11.4%8.7%2.4 $6.02
2/15/20225,190,000 shares $34.10 million -3.0%7.9%2.4 $6.57
1/31/20225,350,000 shares $44.51 million -9.0%8.1%2.2 $8.32
1/15/20225,880,000 shares $61.27 million -14.4%8.9%2.6 $10.42
12/31/20216,870,000 shares $91.16 million +136.9%10.4%3.3 $13.27
12/15/20212,900,000 shares $27.12 million -30.3%4.4%1.4 $9.35
11/30/20214,160,000 shares $42.93 million -31.2%6.3%2.6 $10.32
11/15/20216,050,000 shares $81.07 million -14.6%9.2%4 $13.40
10/29/20217,080,000 shares $136.64 million -6.0%10.7%6.7 $19.30
10/15/20217,530,000 shares $150.60 million +29.2%11.4%7.8 $20.00
9/30/20215,830,000 shares $122.55 million +10.0%8.8%6.3 $21.02
9/15/20215,300,000 shares $117.93 million +8.6%8.0%5.4 $22.25
8/31/20214,880,000 shares $119.07 million +6.1%7.4%4.6 $24.40
8/13/20214,600,000 shares $123.00 million +1.6%7.0%4.2 $26.74
7/30/20214,530,000 shares $119.32 million -16.4%6.9%3.5 $26.34
7/15/20215,420,000 shares $135.34 million -8.0%8.2%4.2 $24.97
6/30/20215,890,000 shares $155.55 million +61.8%8.9%4.8 $26.41
6/15/20213,640,000 shares $100.10 million +6.1%5.5%3.5 $27.50
5/28/20213,430,000 shares $97.82 million -14.3%5.2%3.5 $28.52
5/14/20214,000,000 shares $119.96 million +12.7%N/A3.2 $29.99
4/30/20213,550,000 shares $124.61 million -5.6%N/A3.2 $35.10
4/15/20213,760,000 shares $125.96 million -5.8%N/A3.2 $33.50
3/31/20213,990,000 shares $119.74 million +11.5%N/A3.3 $30.01
3/15/20213,580,000 shares $119.57 million +32.6%N/A2.8 $33.40
Buffett’s Selling Out: Is Your 401(k) About to Get Wiped Out? (Ad)

Let me share something important with you. Just a few weeks ago, Warren Buffett unloaded $932 million worth of bank stocks. He didn't do it on a whim—he knows something big is coming. The question is: Why aren't you taking action, too?

2/26/20212,700,000 shares $96.66 million +4.7%N/A2.1 $35.80
2/12/20212,580,000 shares $99.38 million +8.4%N/A2.5 $38.52
1/29/20212,380,000 shares $84.47 million -9.5%N/A2 $35.49
1/15/20212,630,000 shares $95.13 million -19.6%N/A2.3 $36.17
12/31/20203,270,000 shares $102.35 million -0.9%36.7%2.8 $31.30
12/15/20203,300,000 shares $88.47 million +4.4%N/A2.7 $26.81
11/30/20203,160,000 shares $96.92 million +1.3%N/A2.2 $30.67
11/15/20203,120,000 shares $84.74 million -12.1%N/A2.2 $27.16
10/30/20203,550,000 shares $106.32 million -35.8%N/A2.4 $29.95
10/15/20205,530,000 shares $165.84 million -2.5%N/A3.6 $29.99
9/30/20205,670,000 shares $140.96 million -4.9%N/A3.6 $24.86
9/15/20205,960,000 shares $144.77 million +40.6%N/A4 $24.29
8/31/20204,240,000 shares $80.18 million +0.2%N/A3 $18.91
8/14/20204,230,000 shares $91.33 million +20.5%N/A3.6 $21.59
7/31/20203,510,000 shares $85.54 million +13.6%N/A3.2 $24.37
7/15/20203,090,000 shares $59.73 million +1.3%N/A3.6 $19.33
6/30/20203,050,000 shares $54.90 million +47.3%N/A3.9 $18.00
6/15/20202,070,000 shares $34.38 million -8.8%N/A2.9 $16.61
5/29/20202,270,000 shares $32.03 million -25.3%N/A3.6 $14.11
5/15/20203,040,000 shares $39.34 million +24.6%N/A5.1 $12.94
4/30/20202,440,000 shares $26.18 million +33.3%N/A5.2 $10.73
4/15/20201,830,000 shares $14.26 million +7.0%N/A3.8 $7.79
3/31/20201,710,000 shares $17.92 million -1.5%N/A3.7 $10.48
3/13/20201,736,100 shares $12.24 million +2.1%N/A3.8 $7.05
2/28/20201,700,000 shares $10.71 million +15.7%N/A4.3 $6.30
2/14/20201,470,000 shares $15.10 million +33.6%N/A4 $10.27
1/31/20201,100,000 shares $17.14 million +16.1%11.4%2.9 $15.58
1/15/2020947,400 shares $12.94 million +40.5%N/A3.1 $13.66
12/31/2019674,100 shares $7.52 million +28.9%7.0%2.6 $11.15

PRPL Short Interest - Frequently Asked Questions

What is Purple Innovation's current short interest?

Short interest is the volume of Purple Innovation shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 3,370,000 shares of PRPL short. Learn More on Purple Innovation's current short interest.

What is a good short interest ratio for Purple Innovation?

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. PRPL shares currently have a short interest ratio of 10.0. Learn More on Purple Innovation's short interest ratio.

Is Purple Innovation's short interest increasing or decreasing?

Purple Innovation saw a decline in short interest in the month of November. As of November 30th, there was short interest totaling 3,370,000 shares, a decline of 9.4% from the previous total of 3,720,000 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.

How does Purple Innovation's short interest compare to its competitors?

Here is how the short interest of companies compare to Purple Innovation: Traeger, Inc. (2.00%), Waldencast plc (1.66%), Hamilton Beach Brands Holding (3.72%), GoPro, Inc. (4.07%), Brilliant Earth Group, Inc. (0.96%), Viomi Technology Co., Ltd (0.06%), Natuzzi S.p.A. (0.02%), Raytech Holding Ltd. (0.88%), Aterian, Inc. (4.21%), CPS Technologies Co. (3.86%),

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. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Purple Innovation stock?

Short selling PRPL is an investing strategy that aims to generate trading profit from Purple Innovation as its price is falling. PRPL shares are trading down $0.04 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 Purple Innovation?

A short squeeze for Purple Innovation 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 PRPL, which in turn drives the price of the stock up even further.

How often is Purple Innovation'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 PRPL, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:PRPL) was last updated on 12/15/2024 by MarketBeat.com Staff
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