Koninklijke Philips N.V.
NYSEShort interest in PHG plunged 36.5% over the past week. Bears are backing away from the Dutch health tech giant. Short positions fell to 1.78 million shares as of March 31, down from 2.43 million two weeks prior. Days to cover dropped sharply to 1.64, suggesting reduced conviction among the remaining shorts. Cost to borrow also declined 15.7% over the week to 0.53%. The retreat in borrowing costs signals waning demand for shares to short. Utilization sits at just 19.3%, well below the stock's 52-week high of 100%. Options traders have turned decidedly bullish. The put-call ratio crashed to 0.61, hitting a Z-score of -2.92. This marks an extreme deviation from the 20-day mean of 1.01. Call buying has overwhelmed put activity. The stock gained 8.5% over the past month to close at $28.48, though it dipped 2.4% on Monday. PHG reports earnings next on May 6. Short sellers appear to be capitulating as Philips shows price momentum. The combination of falling short interest, collapsing put-call ratios, and declining borrow costs points to a technical setup that has squeezed out bearish positions. This is not financial advice. ORTEX data may contain errors.
Short Sellers Flee Philips Stock
Short interest in PHG plunged 36.5% over the past week. Bears are backing away from the Dutch health tech giant. Short positions fell to 1.78 million shares as of March 31, down from 2.43 million two weeks prior. Days to cover dropped sharply to 1.64, suggesting reduced conviction among the remaining shorts. Cost to borrow also declined 15.7% over the week to 0.53%. The retreat in borrowing costs signals waning demand for shares to short. Utilization sits at just 19.3%, well below the stock's 52-week high of 100%. Options traders have turned decidedly bullish. The put-call ratio crashed to 0.61, hitting a Z-score of -2.92. This marks an extreme deviation from the 20-day mean of 1.01. Call buying has overwhelmed put activity. The stock gained 8.5% over the past month to close at $28.48, though it dipped 2.4% on Monday. PHG reports earnings next on May 6. Short sellers appear to be capitulating as Philips shows price momentum. The combination of falling short interest, collapsing put-call ratios, and declining borrow costs points to a technical setup that has squeezed out bearish positions. This is not financial advice. ORTEX data may contain errors.
Snapshot as of 7 May 2026
Koninklijke Philips N.V. reported Q1 2026 results on May 6 with a cleaner-than-expected headline: adjusted EPS of $0.27 beat the $0.23 consensus estimate, even as revenues of $4.57 billion came in a hair below the…
PHG enters its May 6 earnings report with options traders having pivoted dramatically toward bullish positioning — a contrast that makes the print unusually charged. The clearest signal is the put/call ratio. It has…
PHG enters its May 6 Q1 2026 results carrying fresh bruises — down 9.4% on the week and 5.7% on Tuesday alone — while options traders have dramatically switched from defensive to bullish positioning. The sharpest…
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