Short interest in Permian Basin Royalty Trust (NYSE:PBT) increased during the last reporting period, rising from 162.17K to 209.26K. This put 0.45% of the company's publicly available shares short.
Short interest for Permian Basin Royalty gives investors a sense of the degree to which investors are betting on the decline of Permian Basin Royalty's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 112.16K shares traded per day, it would take 1.87 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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