Bullpen Parlay Acquisition (BPAC) Short Interest Ratio & Short Volume

Short interest is the volume of Bullpen Parlay Acquisition shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 300 shares of BPAC short. Learn More on Bullpen Parlay Acquisition's current short interest.

Bullpen Parlay Acquisition saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 300 shares, a drop of 57.1% from the previous total of 700 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.

Bullpen Parlay Acquisition currently has issued a total of 28,750,000 shares. Some of Bullpen Parlay 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. Bullpen Parlay Acquisition currently has a public float of 22,900,000 shares.

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 Corporation ($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 BPAC is an investing strategy that aims to generate trading profit from Bullpen Parlay 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 Bullpen Parlay 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 BPAC, 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 BPAC, twice per month. The most recent reporting period available is May, 15 2023.