StocksMedium•16 October 2026•
1 min read
PayPay Stock Surges 6.2% as Massive Short Positions Expire
Key Facts
1PayPay stock surged 6.2% following the expiration of a massive short position.
PayPay stock surged 6.2% following the expiration of a massive short position. Investing.com reported that the price jump was triggered by the closing of bearish bets, which created significant upward buying pressure on the shares.
PAYP closed at $14.66 on October 15, 2026, having reached a day high of $14.73. This technical rally occurred as the expiration of major short positions forced investors to cover their holdings, driving the stock up from its daily low of $14.27.