TortoiseEcofin Acquisition Corp. III (TRTL) Short Interest Ratio & Short Volume

Short interest is the volume of TortoiseEcofin Acquisition Corp. III shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 100 shares of TRTL short. Learn More on TortoiseEcofin Acquisition Corp. III's current short interest.

TortoiseEcofin Acquisition Corp. III currently has issued a total of 24,150,000 shares. Some of TortoiseEcofin Acquisition Corp. III's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. TortoiseEcofin Acquisition Corp. III currently has a public float of 14,360,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to TortoiseEcofin Acquisition Corp. III: Bain Capital Specialty Finance, Inc. (0.26%), Churchill Capital Corp VII (0.03%), Trinity Capital Inc. (2.52%), Ares Acquisition Co. II (0.01%), CION Investment Co. (0.20%), enGene Holdings Inc. (0.31%), Nabors Energy Transition Corp. II (0.02%), Screaming Eagle Acquisition Corp. (0.18%), Rigel Resource Acquisition Corp. (0.00%), Codere Online Luxembourg, S.A. (1.67%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling TRTL is an investing strategy that aims to generate trading profit from TortoiseEcofin Acquisition Corp. III as its price is falling. TRTL shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for TortoiseEcofin Acquisition Corp. III occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of TRTL, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TRTL, twice per month. The most recent reporting period available is May, 15 2024.