PhoneX (PXHI) Short Interest Ratio & Short Volume

Short interest is the volume of PhoneX shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 100 shares of PXHI short. Learn More on PhoneX'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. PXHI shares currently have a short interest ratio of 1.0. Learn More on PhoneX's short interest ratio.

Here is how the short interest of companies in the industry of "personal services" compare to PhoneX: QuantaSing Group Limited (0.76%), Sunlands Technology Group (0.46%), Petrofac Limited (0.00%), Bright Scholar Education Holdings Limited (0.03%), Esprit Holdings Limited (0.01%), JIADE Limited (10.23%), Wag! Group Co. (6.08%), ATA Creativity Global (0.01%), PCS Edventures!, Inc. (0.00%), Dolphin Entertainment, Inc. (0.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling PXHI is an investing strategy that aims to generate trading profit from PhoneX 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 PhoneX 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 PXHI, 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 PXHI, twice per month. The most recent reporting period available is July, 31 2024.