Apex Technology Acquisition (APXT) Short Interest Ratio & Short Volume

Short interest is the volume of Apex Technology Acquisition shares that have been sold short but have not yet been covered or closed out. As of June 15th, traders have sold 1,710,000 shares of APXT short. 4.86% of Apex Technology Acquisition's shares are currently sold short. Learn More on Apex Technology Acquisition's current short interest.

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. APXT shares currently have a short interest ratio of 2.0. Learn More on Apex Technology Acquisition's short interest ratio.

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. 4.86% of Apex Technology Acquisition's floating shares are currently sold short.

Apex Technology Acquisition saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,710,000 shares, a decrease of 3.9% from the previous total of 1,780,000 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.

Apex Technology Acquisition currently has issued a total of 44,560,000 shares. Some of Apex Technology 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. Apex Technology Acquisition currently has a public float of 35,150,000 shares.

4.86% of Apex Technology Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Apex Technology Acquisition: SolarWinds Co. (3.62%), Matterport, Inc. (3.00%), Zuora, Inc. (2.64%), Enfusion, Inc. (3.26%), SecureWorks Corp. (1.04%), Innovid Corp. (3.36%), Xperi Inc. (4.12%), Intellicheck, Inc. (1.49%), iClick Interactive Asia Group Limited (1.42%), Moatable, Inc. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AstraZeneca PLC ($7.95 billion), Tesla, Inc. ($7.86 billion), Block, Inc. ($7.16 billion), Aon plc ($7.04 billion), Advanced Micro Devices, Inc. ($6.99 billion), Analog Devices, Inc. ($6.83 billion), S&P Global Inc. ($6.30 billion), Charter Communications, Inc. ($5.98 billion), AMC Entertainment Holdings, Inc. ($5.02 billion), and Wayfair Inc. ($4.68 billion). View all of the most shorted stocks.

Short selling APXT is an investing strategy that aims to generate trading profit from Apex Technology Acquisition as its price is falling. APXT shares are trading down $0.63 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 Apex Technology 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 APXT, 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 APXT, twice per month. The most recent reporting period available is June, 15 2021.