Propel Media (PROM) Short Interest Ratio & Short Volume

Short interest is the volume of Propel Media shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 200 shares of PROM short. Learn More on Propel Media's current short interest.

Here is how the short interest of companies compare to Propel Media: Omnicom Group Inc. (6.21%), WPP plc (0.13%), The Interpublic Group of Companies, Inc. (7.05%), Criteo S.A. (3.08%), Stagwell Inc. (3.84%), Groupon, Inc. (44.27%), Starco Brands, Inc. (0.00%), Stran & Company, Inc. (0.21%), AirNet Technology Inc. (1.21%), Haoxi Health Technology Limited (21.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.04 billion), AppLovin Co. ($2.69 billion), Nu Holdings Ltd. ($2.64 billion), Paychex, Inc. ($2.61 billion), Cencora, Inc. ($2.30 billion), Aptiv PLC ($2.09 billion), Moderna, Inc. ($2.09 billion), Tractor Supply ($2.04 billion), Coinbase Global, Inc. ($1.97 billion), and International Paper ($1.95 billion). View all of the most shorted stocks.

Short selling PROM is an investing strategy that aims to generate trading profit from Propel Media 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 Propel Media 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 PROM, 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 PROM, twice per month. The most recent reporting period available is September, 30 2024.