How to buy Proterra (PTRA) stock

Proterra, a Burlingame, California company that develops electric vehicle charging systems, completed its SPAC process June 15, and shares are now trading as PTRA.

Proterra stock price (NASDAQ: PTRA)

Use our graph to track the performance of PTRA stocks over time.

Proterra shares at a glance

• Key figures

Information last updated 2021-07-23.

52-week range	$9.70 - $31.06
50-day moving average	$16.19
200-day moving average	$18.23
Wall St. target price	$23.00
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	N/A

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Is it a good time to buy Proterra stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Proterra Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Proterra financials

Revenue TTM	$197.8 million
Gross profit TTM	$7.5 million
Return on assets TTM	0%
Return on equity TTM	0%
Profit margin	-78.05%
Book value	$3.90
Market capitalisation	$2.3 billion

TTM: trailing 12 months

Shorting Proterra shares

There are currently 6.7 million Proterra shares held short by investors – that's known as Proterra's "short interest". This figure is 335.3% up from 1.5 million last month.

There are a few different ways that this level of interest in shorting Proterra shares can be evaluated.

Proterra's "short interest ratio" (SIR)

Proterra's "short interest ratio" (SIR) is the quantity of Proterra shares currently shorted divided by the average quantity of Proterra shares traded daily (recently around 1.1 million). Proterra's SIR currently stands at 6.07. In other words for every 100,000 Proterra shares traded daily on the market, roughly 6070 shares are currently held short.

To gain some more context, you can compare Proterra's short interest ratio against those of similar companies.

• Cummins (CMI.US): 2.92
• Nikola Corporation (NKLA.US): 3.37
• General Motors Company (GM.US): 1.14

However Proterra's short interest can also be evaluated against the total number of Proterra shares, or, against the total number of tradable Proterra shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Proterra's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Proterra shares in existence, roughly 30 shares are currently held short) or 1.2163% of the tradable shares (for every 100,000 tradable Proterra shares, roughly 1216 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Proterra.

Find out more about how you can short Proterra stock.

Proterra share dividends

We're not expecting Proterra to pay a dividend over the next 12 months.

You may also wish to consider:

• Cummins (CMI.US) (2.22% forward annual dividend yield)

Proterra overview

Proterra Inc. designs and manufactures zero-emission electric transit vehicles. The company offers energy services, including fleet planning, charging infrastructure, energy management, and charging infrastructure financing. It also provides battery technology; drivetrains and HV systems; powered vehicles, such as school buses, coach buses, shuttle buses, transit buses, and excavators; and electric transit buses. The company serves public and commercial transits, schools, airports, universities, and construction companies. Proterra Inc. was founded in 2004 and is based in Burlingame, California.

Frequently asked questions

What percentage of Proterra is owned by insiders or institutions?
Currently 5.69% of Proterra shares are held by insiders and 22.031% by institutions. How many people work for Proterra?
Latest data suggests 656 work at Proterra. Where is Proterra based?
Proterra's address is: 1815 Rollins Road, Burlingame, CA, United States, 94010