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Performant Financial (PFMT) Short Interest Ratio & Short Volume

$3.07
-0.05 (-1.60%)
(As of 05/31/2024 ET)

Performant Financial Short Interest Data

Current Short Interest
642,900 shares
Previous Short Interest
725,800 shares
Change Vs. Previous Month
-11.42%
Dollar Volume Sold Short
$2.08 million
Short Interest Ratio
2.7 Days to Cover
Last Record Date
May 15, 2024
Outstanding Shares
76,950,000 shares
Percentage of Shares Shorted
0.84%
Today's Trading Volume
80,642 shares
Average Trading Volume
143,472 shares
Today's Volume Vs. Average
56%
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PFMT Short Interest Over Time

PFMT Days to Cover Over Time

PFMT Percentage of Float Shorted Over Time

Performant Financial Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/2024642,900 shares $2.08 million -11.4%N/A2.7 $3.24
4/30/2024725,800 shares $1.93 million +6.9%N/A2.9 $2.66
4/15/2024679,300 shares $1.68 million +7.5%N/A2.8 $2.48
3/31/2024632,100 shares $1.86 million -15.1%N/A2.8 $2.94
3/15/2024744,800 shares $2.17 million -2.2%N/A4 $2.91
2/29/2024761,600 shares $2.22 million +11.5%N/A4.9 $2.91
2/15/2024683,200 shares $1.93 million -7.0%N/A4.6 $2.82
1/31/2024734,500 shares $2.07 million +2.9%N/A4.3 $2.82
1/15/2024713,600 shares $2.03 million -6.2%N/A4.3 $2.84
12/31/2023760,500 shares $2.38 million -4.2%N/A4.8 $3.13
12/15/2023794,000 shares $2.30 million -4.0%N/A4.9 $2.90
11/30/2023827,000 shares $2.47 million -14.6%N/A5.3 $2.99
11/15/2023968,300 shares $2.59 million -4.1%N/A6.1 $2.67
10/31/20231,010,000 shares $2.35 million -2.9%N/A6.9 $2.33
10/15/20231,040,000 shares $2.41 million -20.0%N/A7.6 $2.32
9/30/20231,300,000 shares $2.94 million -7.8%N/A8.6 $2.26
9/15/20231,410,000 shares $3.36 million +1.4%N/A8.1 $2.38
8/31/20231,390,000 shares $3.27 million -2.1%N/A4.6 $2.35
8/15/20231,420,000 shares $3.64 million +5.2%N/A4.7 $2.56
7/31/20231,350,000 shares $4.14 million -1.5%N/A4.3 $3.07
7/15/20231,370,000 shares $3.66 million -2.8%N/A4.4 $2.67
6/30/20231,410,000 shares $3.81 million +44.6%N/A4.7 $2.70
6/15/2023975,200 shares $2.88 million +3.2%N/A3.6 $2.95
5/31/2023944,800 shares $2.25 million -2.7%N/A6.9 $2.38
5/15/2023970,600 shares $2.52 million +15.5%N/A7.3 $2.60
4/30/2023840,100 shares $2.72 million -3.3%N/A6 $3.24
4/15/2023869,000 shares $2.83 million +2.1%N/A5 $3.26
3/31/2023851,200 shares $2.89 million +109.7%N/A4.5 $3.40
3/15/2023406,000 shares $1.19 million +4.6%N/A1.9 $2.94
2/28/2023388,100 shares $1.27 million +7.5%N/A1.7 $3.26
2/15/2023361,200 shares $1.20 million +3.6%N/A1.6 $3.31
1/31/2023348,500 shares $1.13 million -1.0%N/A1.6 $3.24
1/15/2023352,100 shares $1.27 million -5.5%N/A1.6 $3.60
12/30/2022372,700 shares $1.35 million +14.9%N/A2.1 $3.61
12/15/2022324,500 shares $820,985.00 -9.1%N/A2.2 $2.53
11/30/2022357,000 shares $853,230.00 -1.9%N/A3 $2.39
11/15/2022363,900 shares $858,804.00 -10.0%N/A3 $2.36
10/31/2022404,400 shares $938,208.00 +12.4%N/A3.1 $2.32
10/15/2022359,700 shares $647,460.00 -11.7%N/A3.2 $1.80
9/30/2022407,500 shares $753,875.00 +23.8%N/A3.9 $1.85
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9/15/2022329,300 shares $645,428.00 -5.8%N/A3.1 $1.96
8/31/2022349,400 shares $730,246.00 -20.2%N/A3.8 $2.09
8/15/2022438,000 shares $1.03 million -20.6%N/A4.2 $2.36
7/31/2022551,300 shares $1.43 million +3.4%N/A4.7 $2.59
7/15/2022533,100 shares $1.38 million -4.6%N/A4.4 $2.59
6/30/2022558,600 shares $1.47 million +1.1%1.6%4.1 $2.63
6/15/2022552,700 shares $1.47 million -13.0%1.6%2.9 $2.66
5/31/2022635,200 shares $1.54 million +1.1%N/A2.9 $2.43
5/15/2022628,100 shares $1.48 million +2.2%N/A2.7 $2.35
4/30/2022614,500 shares $1.41 million -2.2%N/A2.2 $2.29
4/15/2022628,400 shares $1.73 million -18.7%N/A2 $2.76
3/31/2022773,000 shares $2.40 million -19.2%N/A2.2 $3.11
3/15/2022956,200 shares $1.91 million -12.3%N/A2.4 $2.00
2/28/20221,090,000 shares $2.37 million -5.2%2.0%2.6 $2.17
2/15/20221,150,000 shares $3.22 million -11.5%N/A2.7 $2.80
1/31/20221,300,000 shares $2.85 million +14.0%N/A2.7 $2.19
1/15/20221,140,000 shares $2.45 million +1.8%N/A2.3 $2.15
12/31/20211,120,000 shares $2.70 million +17.9%N/A2.3 $2.41
12/15/2021950,000 shares $2.58 million +10.9%N/A1.9 $2.72
11/30/2021856,800 shares $2.30 million -17.6%1.6%1.8 $2.69
11/15/20211,040,000 shares $2.96 million -23.0%1.9%2 $2.85
10/29/20211,350,000 shares $4.06 million -5.6%2.5%2.3 $3.01
10/15/20211,430,000 shares $4.83 million +127.1%2.7%2.3 $3.38
9/30/2021629,800 shares $2.49 million +7.7%1.2%0.9 $3.96
9/15/2021584,900 shares $2.68 million -20.3%1.1%0.8 $4.58
8/31/2021734,200 shares $3.17 million -45.6%1.5%1 $4.32
8/13/20211,350,000 shares $6.18 million -17.2%3.2%1.6 $4.58
7/30/20211,630,000 shares $7.78 million +95.9%3.9%2.3 $4.77
7/15/2021831,900 shares $3.62 million -50.2%2.1%1.3 $4.35
6/30/20211,670,000 shares $6.26 million +18.4%4.4%2.5 $3.75
6/15/20211,410,000 shares $5.25 million -11.3%4.0%0.4 $3.72
5/28/20211,590,000 shares $5.09 million +3.3%4.5%0.5 $3.20
5/14/20211,540,000 shares $3.30 million +6.9%4.4%0.5 $2.14
4/30/20211,440,000 shares $3.23 million +37.1%4.1%0.5 $2.24
4/15/20211,050,000 shares $2.51 million +65.1%3.1%0.3 $2.39
3/31/2021636,000 shares $1.16 million +93.7%1.9%0.2 $1.83
3/15/2021328,300 shares $627,053.00 +140.7%1.0%0.5 $1.91
2/26/2021136,400 shares $174,592.00 -32.8%0.4%0.2 $1.28
2/12/2021202,900 shares $300,292.00 +683.4%0.5%0.3 $1.48
1/29/202125,900 shares $30,562.00 -6.2%0.1%0 $1.18
1/15/202127,600 shares $36,432.00 -12.4%0.1%0 $1.32
12/31/202031,500 shares $27,968.85 +356.5%0.1%0 $0.89
12/15/20206,900 shares $5,113.59 -88.6%0.0%0 $0.74
11/30/202060,300 shares $46,614.92 -61.6%0.2%0.1 $0.77
11/15/2020156,900 shares $109,830.00 +1,790.4%0.4%0.3 $0.70
10/30/20208,300 shares $8,798.00 -93.4%0.0%0 $1.06
10/15/2020125,600 shares $258,736.00 -24.8%0.3%0.8 $2.06
9/30/2020166,900 shares $156,635.65 +963.1%0.5%1.4 $0.94
9/15/202015,700 shares $11,665.10 +106.6%0.0%0.3 $0.74
8/31/20207,600 shares $4,636.76 -57.1%0.0%0.2 $0.61
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8/14/202017,700 shares $10,775.76 +234.0%0.1%0.3 $0.61
7/31/20205,300 shares $3,127.00 -3.6%0.0%0.1 $0.59
7/15/20205,500 shares $3,299.45 +66.7%0.0%0.1 $0.60
6/30/20203,300 shares $2,141.70 -93.0%0.0%0 $0.65
6/15/202047,100 shares $30,864.63 +51.0%0.1%0.4 $0.66
5/29/202031,200 shares $18,720.00 -27.1%0.1%0.2 $0.60
5/15/202042,800 shares $31,453.72 +8.1%0.1%0.3 $0.73
4/30/202039,600 shares $27,720.00 +7.3%0.1%0.4 $0.70
4/15/202036,900 shares $24,442.56 -10.4%0.1%0.4 $0.66
3/31/202041,200 shares $28,840.00 +174.7%0.1%0.5 $0.70
3/13/202015,000 shares $10,650.00 +15.4%0.0%0.1 $0.71
2/28/202013,000 shares $11,700.00 -11.0%0.0%0.9 $0.90
2/14/202014,600 shares $14,454.00 -19.3%0.0%1 $0.99
1/31/202018,100 shares $18,462.00 -23.0%0.1%1.1 $1.02
1/15/202023,500 shares $27,730.00 -29.9%0.1%1.4 $1.18
12/31/201933,500 shares $38,525.00 -37.4%0.1%1.4 $1.15
8/15/201992,700 shares $101,970.00 +3.7%0.3%1.6 $1.10

PFMT Short Interest - Frequently Asked Questions

What is Performant Financial's current short interest?

Short interest is the volume of Performant Financial shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 642,900 shares of PFMT short. Learn More on Performant Financial's current short interest.

What is a good short interest ratio for Performant Financial?

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. PFMT shares currently have a short interest ratio of 3.0. Learn More on Performant Financial's short interest ratio.

Is Performant Financial's short interest increasing or decreasing?

Performant Financial saw a decrease in short interest in May. As of May 15th, there was short interest totaling 642,900 shares, a decrease of 11.4% from the previous total of 725,800 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.

How does Performant Financial's short interest compare to its competitors?

Here is how the short interest of companies compare to Performant Financial: Healthcare Services Group, Inc. (4.04%), Viad Corp (1.34%), Johnson Controls International plc (1.80%), Cintas Co. (1.68%), Copart, Inc. (1.21%), Iron Mountain Incorporated (3.40%), UniFirst Co. (1.30%), McGrath RentCorp (5.79%), OPENLANE, Inc. (3.72%), Altisource Portfolio Solutions S.A. (6.40%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

What does it mean to sell short Performant Financial stock?

Short selling PFMT is an investing strategy that aims to generate trading profit from Performant Financial as its price is falling. PFMT shares are trading down $0.05 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.

How does a short squeeze work against Performant Financial?

A short squeeze for Performant Financial 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 PFMT, which in turn drives the price of the stock up even further.

How often is Performant Financial's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PFMT, twice per month. The most recent reporting period available is May, 15 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:PFMT) was last updated on 6/1/2024 by MarketBeat.com Staff

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