Patriot Gold (PGOL) Short Interest Ratio & Short Volume

Short interest is the volume of Patriot Gold shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 100 shares of PGOL short. Learn More on Patriot Gold's current short interest.

Here is how the short interest of companies in the industry of "precious metals" compare to Patriot Gold: Agnico Eagle Mines Limited (1.07%), and Franco-Nevada Co. (1.60%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($6.15 billion), Charter Communications, Inc. ($4.04 billion), Paychex, Inc. ($2.77 billion), Nu Holdings Ltd. ($2.71 billion), Cencora, Inc. ($2.34 billion), Aptiv PLC ($2.18 billion), Tractor Supply ($2.07 billion), International Paper ($2.01 billion), AppLovin Co. ($1.95 billion), and Moderna, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling PGOL is an investing strategy that aims to generate trading profit from Patriot Gold 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 Patriot Gold 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 PGOL, 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 PGOL, twice per month. The most recent reporting period available is September, 15 2024.