Bannix Acquisition (BNIX) Short Interest Ratio & Short Volume

Short interest is the volume of Bannix Acquisition shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 100 shares of BNIX short. Learn More on Bannix Acquisition's current short interest.

Bannix Acquisition currently has issued a total of 5,460,000 shares. Some of Bannix 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. Bannix Acquisition currently has a public float of 3,360,000 shares.

Here is how the short interest of companies compare to Bannix Acquisition: Cactus Acquisition Corp. 1 Limited (0.10%), CXApp Inc. (11.81%), Roth Ch Acquisition V Co. (0.12%), Maquia Capital Acquisition Co. (0.01%), Vision Sensing Acquisition Corp. (0.10%), Fortune Rise Acquisition Co. (0.01%), Integral Acquisition Co. 1 (0.05%), Gorilla Technology Group Inc. (2.83%), Arrowroot Acquisition Corp. (0.23%), Arqit Quantum Inc. (7.49%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling BNIX is an investing strategy that aims to generate trading profit from Bannix Acquisition as its price is falling. BNIX shares are trading up $0.09 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 Bannix 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 BNIX, 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 BNIX, twice per month. The most recent reporting period available is April, 15 2024.