Edify Acquisition (EAC) Short Interest Ratio & Short Volume

Short interest is the volume of Edify Acquisition shares that have been sold short but have not yet been closed out or covered. As of February 29th, investors have sold 500 shares of EAC short. 0.01% of Edify Acquisition's shares are currently sold short. Learn More on Edify Acquisition's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.01% of Edify Acquisition's floating shares are currently sold short.

Edify Acquisition currently has issued a total of 7,890,000 shares. Some of Edify Acquisition'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. Edify Acquisition currently has a public float of 7,890,000 shares.

0.01% of Edify Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Edify Acquisition: StoneBridge Acquisition Co. (0.07%), ExcelFin Acquisition Corp. (0.01%), Liberty Resources Acquisition Corp. (0.04%), IX Acquisition Corp. (0.01%), Nocturne Acquisition Co. (0.04%), Nova Vision Acquisition Co. (0.12%), PHP Ventures Acquisition Corp. (0.85%), Learn CW Investment Co. (0.01%), BNY Mellon High Yield Strategies Fund (0.13%), Western Asset Emerging Markets Debt Fund Inc. (0.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.39 billion), General Motors ($3.88 billion), Super Micro Computer, Inc. ($3.51 billion), Charter Communications, Inc. ($3.22 billion), Occidental Petroleum Co. ($3.13 billion), Tractor Supply ($2.76 billion), Coinbase Global, Inc. ($2.63 billion), Suncor Energy Inc. ($2.48 billion), Moderna, Inc. ($2.04 billion), and Royal Caribbean Cruises Ltd. ($1.87 billion). View all of the most shorted stocks.

Short selling EAC is an investing strategy that aims to generate trading profit from Edify Acquisition as its price is falling. EAC shares are trading up $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 Edify Acquisition 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 EAC, 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 EAC, twice per month. The most recent reporting period available is February, 29 2024.