Everest Consolidator Acquisition (MNTN) Short Interest Ratio & Short Volume

Short interest is the volume of Everest Consolidator Acquisition shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 6,400 shares of MNTN short. 0.09% of Everest Consolidator Acquisition's shares are currently sold short. Learn More on Everest Consolidator 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. 0.09% of Everest Consolidator Acquisition's floating shares are currently sold short.

Everest Consolidator Acquisition currently has issued a total of 11,700,000 shares. Some of Everest Consolidator 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. Everest Consolidator Acquisition currently has a public float of 7,250,000 shares.

0.09% of Everest Consolidator Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "unclassified" compare to Everest Consolidator Acquisition: Agriculture & Natural Solutions Acquisition Co. (0.01%), Nabors Energy Transition Corp. II (0.02%), Screaming Eagle Acquisition Corp. (0.18%), Rigel Resource Acquisition Corp. (0.00%), Inflection Point Acquisition Corp. II (0.02%), LAMF Global Ventures Corp. I (0.53%), TortoiseEcofin Acquisition Corp. III (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.02%), Cartesian Growth Co. II (0.02%),

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 MNTN is an investing strategy that aims to generate trading profit from Everest Consolidator Acquisition as its price is falling. MNTN 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 Everest Consolidator 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 MNTN, 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 MNTN, twice per month. The most recent reporting period available is May, 15 2024.