Pyxus International (PYYX) Short Interest Ratio & Short Volume

Short interest is the volume of Pyxus International shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 2,800 shares of PYYX short. Learn More on Pyxus International'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. PYYX shares currently have a short interest ratio of 1.0. Learn More on Pyxus International's short interest ratio.

Pyxus International saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 2,800 shares, an increase of 21.7% from the previous total of 2,300 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 compare to Pyxus International: Philip Morris International Inc. (0.65%), Altria Group, Inc. (1.58%), Universal Co. (1.67%), Kaival Brands Innovations Group, Inc. (3.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling PYYX is an investing strategy that aims to generate trading profit from Pyxus International 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 Pyxus International 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 PYYX, 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 PYYX, twice per month. The most recent reporting period available is October, 31 2024.