Plastic2Oil (PTOI) Short Interest Ratio & Short Volume

Short interest is the volume of Plastic2Oil shares that have been sold short but have not yet been covered or closed out. As of December 15th, traders have sold 700 shares of PTOI short. Learn More on Plastic2Oil's current short interest.

Plastic2Oil saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 700 shares, an increase of ∞ from the previous total of 0 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.

Here is how the short interest of companies in the industry of "wholesale" compare to Plastic2Oil: BIMI Holdings Inc. (3.18%), CHS Inc. (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.32 billion), Spotify Technology S.A. ($4.06 billion), Canadian Natural Resources Limited ($3.45 billion), Reddit, Inc. ($2.79 billion), International Paper ($2.70 billion), Cencora, Inc. ($2.27 billion), SoFi Technologies, Inc. ($2.21 billion), Lululemon Athletica Inc. ($2.13 billion), and Rivian Automotive, Inc. ($2.05 billion). View all of the most shorted stocks.

Short selling PTOI is an investing strategy that aims to generate trading profit from Plastic2Oil as its price is falling. PTOI shares are trading down $0.00 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 Plastic2Oil occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of PTOI, 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 PTOI, twice per month. The most recent reporting period available is December, 15 2024.