P

P short interest drops 30% in a week as founder liquidates heavily. P short interest fell to 2.03% of free float as of May 1, down 30.3% over the past week. Founder John Colgrove has been selling aggressively, offloading over 180,000 shares across multiple transactions since April 22 at prices near $70. Cost to borrow remains minimal at 0.32%, and utilization sits at just 1.96%, signaling ample availability for new shorts despite the recent decline.