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

Short interest is the volume of Alset Capital Acquisition 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 ACAXU short. Learn More on Alset Capital Acquisition's current short interest.

Alset Capital Acquisition currently has issued a total of 0 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 8,620,000 shares.

Here is how the short interest of companies in the industry of "shell companies" compare to Alset Capital Acquisition: AIB Acquisition Co. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling ACAXU is an investing strategy that aims to generate trading profit from Alset Capital Acquisition as its price is falling. ACAXU shares are trading down $6.25 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 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 ACAXU, 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 ACAXU, twice per month. The most recent reporting period available is May, 15 2023.