Sprott Physical Gold Trust (PHYS) Short Interest Ratio & Short Volume

Short interest is the volume of Sprott Physical Gold Trust shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 631,700 shares of PHYS short. Learn More on Sprott Physical Gold Trust's current short interest.

Sprott Physical Gold Trust saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 631,700 shares, an increase of 19.3% from the previous total of 529,400 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling PHYS is an investing strategy that aims to generate trading profit from Sprott Physical Gold Trust as its price is falling. PHYS shares are trading down $0.02 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 Sprott Physical Gold Trust 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 PHYS, 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 PHYS, twice per month. The most recent reporting period available is July, 15 2025.