Plug Power (PLUG) Short Interest Ratio & Short Volume

Short interest is the volume of Plug Power shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 185,360,000 shares of PLUG short. Learn More on Plug Power'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. PLUG shares currently have a short interest ratio of 5.0. Learn More on Plug Power's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Plug Power: Concourse Financial Group Securities Inc., IMC Chicago LLC, Nomura Holdings Inc., BlueCrest Capital Management Ltd, Cannell Capital LLC, Nomura Holdings Inc., Capital Fund Management S.A., Sona Asset Management US LLC, Eisler Capital UK Ltd., Weiss Asset Management LP, IMC Chicago LLC, Wells Fargo & Company MN, Mizuho Securities USA LLC, BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., National Bank of Canada FI, Simplex Trading LLC, and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Plug Power saw a increase in short interest in April. As of April 15th, there was short interest totaling 185,360,000 shares, an increase of 0.9% from the previous total of 183,770,000 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 Plug Power: Hollysys Automation Technologies Ltd. (11.19%), Thermon Group Holdings, Inc. (1.43%), Ballard Power Systems Inc. (9.27%), Bloom Energy Co. (17.22%), GrafTech International Ltd. (7.89%), UFP Technologies, Inc. (3.26%), Century Aluminum (14.07%), DNOW Inc. (3.22%), Napco Security Technologies, Inc. (7.29%), Global Industrial (4.36%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling PLUG is an investing strategy that aims to generate trading profit from Plug Power as its price is falling. PLUG shares are trading down $0.01 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 Plug Power 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 PLUG, 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 PLUG, twice per month. The most recent reporting period available is April, 15 2024.