Archimedes Tech SPAC Partners (ATSPT) Short Interest Ratio & Short Volume

Short interest is the volume of Archimedes Tech SPAC Partners shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 9,200 shares of ATSPT short. Learn More on Archimedes Tech SPAC Partners' current short interest.

Archimedes Tech SPAC Partners saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 9,200 shares, an increase of 360.0% from the previous total of 2,000 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.

Here is how the short interest of companies in the sector of "business services" compare to Archimedes Tech SPAC Partners: iClick Interactive Asia Group Limited (0.04%), Gorilla Technology Group Inc. (1.11%), AppTech Payments Corp. (1.07%), Duos Technologies Group, Inc. (0.77%), Rubicon Technologies, Inc. (1.49%), Presto Automation Inc. (6.59%), Hitek Global Inc. (0.81%), Advanced Health Intelligence Ltd (0.26%), Foresight Autonomous Holdings Ltd. (8.23%), CXApp Inc. (8.65%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Palo Alto Networks, Inc. ($4.77 billion), Charter Communications, Inc. ($4.21 billion), HP Inc. ($2.60 billion), Lucid Group, Inc. ($2.33 billion), GameStop Corp. ($2.13 billion), Rivian Automotive, Inc. ($2.10 billion), Wayfair Inc. ($1.96 billion), Carnival Co. & plc ($1.81 billion), Teladoc Health, Inc. ($1.66 billion), and Plug Power Inc. ($1.63 billion). View all of the most shorted stocks.

Short selling ATSPT is an investing strategy that aims to generate trading profit from Archimedes Tech SPAC Partners as its price is falling. ATSPT shares are trading down $1.42 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 Archimedes Tech SPAC Partners 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 ATSPT, 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 ATSPT, twice per month. The most recent reporting period available is April, 15 2022.