PermRock Royalty Trust (PRT) Short Interest Ratio & Short Volume

Short interest is the volume of PermRock Royalty Trust shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 23,400 shares of PRT short. 0.32% of PermRock Royalty Trust's shares are currently sold short. Learn More on PermRock Royalty Trust's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.32% of PermRock Royalty Trust's floating shares are currently sold short.

PermRock Royalty Trust saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 23,400 shares, an increase of 11.4% from the previous total of 21,000 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.

PermRock Royalty Trust currently has issued a total of 12,170,000 shares. Some of PermRock Royalty Trust's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. PermRock Royalty Trust currently has a public float of 7,280,000 shares.

0.32% of PermRock Royalty Trust's shares are currently sold short. Here is how the short interest of companies in the sector of "oils/energy" compare to PermRock Royalty Trust: Permianville Royalty Trust (0.14%), U.S. Energy Corp. (0.14%), MV Oil Trust (0.38%), Epsilon Energy Ltd. (0.67%), PHX Minerals Inc. (0.31%), Prairie Operating Co. (1.13%), PrimeEnergy Resources Co. (0.46%), BP Prudhoe Bay Royalty Trust (8.36%), NCS Multistage Holdings, Inc. (0.14%), Dawson Geophysical (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling PRT is an investing strategy that aims to generate trading profit from PermRock Royalty Trust as its price is falling. PRT shares are trading down $0.10 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 PermRock Royalty Trust 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 PRT, 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 PRT, twice per month. The most recent reporting period available is April, 30 2024.