Number of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect price of the stock.
Pfizer Number of Shares Shorted Assessment
Based on recorded statements Pfizer Inc has 57.38 M of outstending shares currently sold short by investors. This is 1634.59% higher than that of Healthcare sector, and 749.6% higher than that of Drug Manufacturers - Major industry, The Number of Shares Shorted for all stocks is 2620.64% lower than the firm.
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Pfizer is considered to be number one stock in number of shares shorted category among related companies.
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