Princeton Capital (PIAC) Short Interest Ratio & Short Volume

Short interest is the volume of Princeton Capital shares that have been sold short but have not yet been closed out or covered. As of August 15th, investors have sold 100 shares of PIAC short. Learn More on Princeton Capital'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. PIAC shares currently have a short interest ratio of 1.0. Learn More on Princeton Capital's short interest ratio.

Here is how the short interest of companies in the industry of "machinery" compare to Princeton Capital: Chicago Rivet & Machine Co. (0.74%), Hongli Group Inc. (0.24%), ASML Holding (0.30%), Carrier Global Co. (1.52%), Johnson Controls International plc (1.34%), and Baker Hughes (1.82%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling PIAC is an investing strategy that aims to generate trading profit from Princeton Capital 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 Princeton Capital 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 PIAC, 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 PIAC, twice per month. The most recent reporting period available is August, 15 2024.