Blockchain Moon Acquisition (BMAQ) Short Interest Ratio & Short Volume

Short interest is the volume of Blockchain Moon Acquisition shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 500 shares of BMAQ short. Learn More on Blockchain Moon Acquisition's current short interest.

Blockchain Moon Acquisition saw a drop in short interest in March. As of March 31st, there was short interest totaling 500 shares, a drop of 58.3% from the previous total of 1,200 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.

Blockchain Moon Acquisition currently has issued a total of 5,080,000 shares. Some of Blockchain Moon 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. Blockchain Moon Acquisition currently has a public float of 11,110,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Blockchain Moon Acquisition: Spark I Acquisition Co. (0.03%), SK Growth Opportunities Co. (0.45%), Hennessy Capital Investment Corp. VI (0.01%), Spring Valley Acquisition Corp. II (0.02%), Plum Acquisition Corp. III (0.02%), Brooge Energy Limited (0.18%), Papaya Growth Opportunity Corp. I (0.18%), Black Hawk Acquisition Co. (0.02%), Global Lights Acquisition Corp (0.29%), Evergreen Co. (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.66 billion), TC Energy Co. ($4.13 billion), Occidental Petroleum Co. ($3.04 billion), Moderna, Inc. ($2.63 billion), Coinbase Global, Inc. ($2.51 billion), T. Rowe Price Group, Inc. ($2.29 billion), Paramount Global ($2.26 billion), Verisk Analytics, Inc. ($2.19 billion), Etsy, Inc. ($1.84 billion), and Voya Financial, Inc. ($1.67 billion). View all of the most shorted stocks.

Short selling BMAQ is an investing strategy that aims to generate trading profit from Blockchain Moon 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.

A short squeeze for Blockchain Moon Acquisition occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of BMAQ, 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 BMAQ, twice per month. The most recent reporting period available is March, 31 2023.