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Alset Capital Acquisition (ACAX) Short Interest Ratio & Short Volume

Notice: This company has been marked as potentially delisted and may not be actively trading.

Alset Capital Acquisition Short Interest Data

Current Short Interest
Previous Short Interest
Change Vs. Previous Month
Dollar Volume Sold Short
Short Interest Ratio
5.2 Days to Cover
Last Record Date
December 15, 2023
Outstanding Shares
Float Size
Short Percent of Float
Today's Trading Volume
Average Trading Volume
Today's Volume Vs. Average
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ACAX Short Interest Over Time

ACAX Days to Cover Over Time

ACAX Percentage of Float Shorted Over Time

Alset Capital Acquisition Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/15/202314,000 shares $151,200.00 -2.8%1.2%5.2 $10.80
11/30/202314,400 shares $154,080.00 -19.6%1.3%2.4 $10.70
11/15/202317,900 shares $191,530.00 +1.7%1.1%0.9 $10.70
10/31/202317,600 shares $185,680.00 +12.1%1.1%0.9 $10.55
10/15/202315,700 shares $165,635.00 +6.8%1.0%0.5 $10.55
9/30/202314,700 shares $154,497.00 -19.7%0.9%0.4 $10.51
9/15/202318,300 shares $193,431.00 -11.6%1.2%0.5 $10.57
8/31/202320,700 shares $216,729.00 -79.6%1.3%0.5 $10.47
8/15/2023101,400 shares $782,808.00 +838.9%6.5%5.2 $7.72
7/31/202310,800 shares $62,316.00 +980.0%0.5%0.4 $5.77
7/15/20231,000 shares $10,450.00 -9.1%0.0%0.1 $10.45
6/30/20231,100 shares $11,990.00 -8.3%0.0%0.1 $10.90
6/15/20231,200 shares $12,480.00 +9.1%0.0%0.1 $10.40
5/31/20231,100 shares $11,440.00 -31.3%0.0%0 $10.40
5/15/20231,600 shares $16,544.00 -36.0%0.0%0.1 $10.34
4/30/20232,500 shares $25,800.00 +150.0%0.0%0.1 $10.32
4/15/20231,000 shares $10,300.00 +11.1%0.0%0 $10.30
3/31/2023900 shares $9,252.00 +12.5%0.0%0 $10.28
3/15/2023800 shares $8,232.00 No Change0.0%0 $10.29
2/28/2023800 shares $8,200.00 -20.0%0.0%0 $10.25
2/15/20231,000 shares $10,180.00 -52.4%0.0%0 $10.18
1/31/20232,100 shares $21,294.00 +31.3%0.0%0.1 $10.14
1/15/20231,600 shares $16,240.00 +166.7%0.0%0.1 $10.15
12/30/2022600 shares $6,030.00 +20.0%0.0%0.1 $10.05
12/15/2022500 shares $4,990.00 -28.6%0.0%0.1 $9.98
11/30/2022700 shares $6,958.00 +16.7%0.0%0.1 $9.94
11/15/2022600 shares $5,940.00 +100.0%0.0%0.1 $9.90
10/31/2022300 shares $2,973.00 +50.0%N/A0 $9.91
10/15/2022200 shares $1,978.00 No ChangeN/A0 $9.89
9/30/2022200 shares $1,976.00 -66.7%N/A0 $9.88
9/15/2022600 shares $5,928.00 +500.0%0.0%0 $9.88
8/31/2022100 shares $991.00 No ChangeN/A0 $9.91
8/15/2022100 shares $991.00 -50.0%N/A0 $9.91
7/31/2022200 shares $1,980.00 -50.0%N/A0 $9.90
7/15/2022400 shares $3,956.00 No ChangeN/A0 $9.89

ACAX Short Interest - Frequently Asked Questions

What is Alset Capital Acquisition's current short interest?

Short interest is the volume of Alset Capital Acquisition shares that have been sold short but have not yet been closed out or covered. As of December 15th, traders have sold 14,000 shares of ACAX short. 1.24% of Alset Capital Acquisition's shares are currently sold short. Learn More on Alset Capital Acquisition's current short interest.

What is a good short interest ratio for Alset Capital Acquisition?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. ACAX shares currently have a short interest ratio of 5.0. Learn More on Alset Capital Acquisition's short interest ratio.

What is a good short interest percentage for Alset Capital Acquisition?

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. 1.24% of Alset Capital Acquisition's floating shares are currently sold short.

Is Alset Capital Acquisition's short interest increasing or decreasing?

Alset Capital Acquisition saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 14,000 shares, a drop of 2.8% from the previous total of 14,400 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.

What is Alset Capital Acquisition's float size?

Alset Capital Acquisition currently has issued a total of 4,610,000 shares. Some of Alset Capital 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. Alset Capital Acquisition currently has a public float of 1,130,000 shares.

How does Alset Capital Acquisition's short interest compare to its competitors?

1.24% of Alset Capital Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Alset Capital Acquisition: Aurora Technology Acquisition Corp. (0.91%), Quantum FinTech Acquisition Co. (0.13%), Redwoods Acquisition Corp. (8.16%), EF Hutton Acquisition Co. I (0.09%), Healthcare AI Acquisition Corp. (0.08%), Banyan Acquisition Co. (0.23%), Mountain Crest Acquisition Corp. V (0.03%), Broad Capital Acquisition Corp. (0.01%), Western Acquisition Ventures Corp. (0.21%), Qomolangma Acquisition Corp. (0.02%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($4.67 billion), General Motors ($4.33 billion), T-Mobile US, Inc. ($4.30 billion), Charter Communications, Inc. ($3.12 billion), Coinbase Global, Inc. ($3.12 billion), Occidental Petroleum Co. ($2.94 billion), Tractor Supply ($2.71 billion), Rivian Automotive, Inc. ($2.32 billion), United Rentals, Inc. ($2.22 billion), and Royal Caribbean Cruises Ltd. ($2.04 billion). View all of the most shorted stocks.

What does it mean to sell short Alset Capital Acquisition stock?

Short selling ACAX is an investing strategy that aims to generate trading profit from Alset Capital Acquisition as its price is falling. 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.

How does a short squeeze work against Alset Capital Acquisition?

A short squeeze for Alset Capital Acquisition 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 ACAX, which in turn drives the price of the stock up even further.

How often is Alset Capital Acquisition's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ACAX, twice per month. The most recent reporting period available is December, 15 2023.

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This page (NASDAQ:ACAX) was last updated on 5/24/2024 by Staff

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