Atlantic Coastal Acquisition Corp. II (ACAB) Short Interest Ratio & Short Volume

Short interest is the volume of Atlantic Coastal Acquisition Corp. II shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 100 shares of ACAB short. Learn More on Atlantic Coastal Acquisition Corp. II's current short interest.

Atlantic Coastal Acquisition Corp. II saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 100 shares, a drop of 50.0% from the previous total of 200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Atlantic Coastal Acquisition Corp. II currently has issued a total of 8,170,000 shares. Some of Atlantic Coastal Acquisition Corp. II'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. Atlantic Coastal Acquisition Corp. II currently has a public float of 2,340,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Atlantic Coastal Acquisition Corp. II: TMT Acquisition Corp (0.03%), Feutune Light Acquisition Co. (0.05%), Kernel Group Holdings, Inc. (0.04%), Onyx Acquisition Co. I (0.08%), Papaya Growth Opportunity Corp. I (0.20%), Armada Acquisition Corp. I (0.00%), Global Lights Acquisition Corp (0.11%), DUET Acquisition Corp. (0.02%), Focus Impact Acquisition Corp. (0.09%), Bukit Jalil Global Acquisition 1 Ltd (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling ACAB is an investing strategy that aims to generate trading profit from Atlantic Coastal Acquisition Corp. II as its price is falling. ACAB shares are trading up $0.14 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 Atlantic Coastal Acquisition Corp. II occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ACAB, 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 ACAB, twice per month. The most recent reporting period available is March, 31 2024.