PGT Innovations (PGTI) Short Interest Ratio & Short Volume

Short interest is the volume of PGT Innovations shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 108,200 shares of PGTI short. Learn More on PGT Innovations' current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of PGT Innovations: PEAK6 Investments LLC, and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

PGT Innovations saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 108,200 shares, a decrease of 94.8% from the previous total of 2,100,000 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 in the sector of "construction" compare to PGT Innovations: Janus International Group, Inc. (5.43%), Frontdoor, Inc. (3.69%), Granite Construction Incorporated (10.11%), Patrick Industries, Inc. (6.61%), Century Communities, Inc. (3.64%), Gibraltar Industries, Inc. (1.32%), Construction Partners, Inc. (3.89%), ABM Industries Incorporated (4.26%), Masonite International Co. (3.09%), Hillman Solutions Corp (1.96%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling PGTI is an investing strategy that aims to generate trading profit from PGT Innovations 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 PGT Innovations 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 PGTI, 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 PGTI, twice per month. The most recent reporting period available is March, 31 2024.