Pharma-Bio Serv (PBSV) Short Interest Ratio & Short Volume

Short interest is the volume of Pharma-Bio Serv shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 800 shares of PBSV short. Learn More on Pharma-Bio Serv'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. PBSV shares currently have a short interest ratio of 1.0. Learn More on Pharma-Bio Serv's short interest ratio.

Here is how the short interest of companies in the industry of "business services" compare to Pharma-Bio Serv: Vivakor, Inc. (0.53%), ShiftPixy, Inc. (71.76%), XBP Europe Holdings, Inc. (1.08%), Swvl Holdings Corp. (6.68%), Scienjoy Holding Co. (0.01%), FlexShopper, Inc. (3.49%), comScore, Inc. (0.73%), CDT Environmental Technology Investment Holdings Limited (0.07%), CFN Enterprises Inc. (0.00%), Starco Brands, Inc. (0.00%),

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 PBSV is an investing strategy that aims to generate trading profit from Pharma-Bio Serv as its price is falling. PBSV 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 Pharma-Bio Serv 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 PBSV, 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 PBSV, twice per month. The most recent reporting period available is October, 31 2024.