Blue Whale Acquisition Corp I (BWC) Short Interest Ratio & Short Volume

Short interest is the volume of Blue Whale Acquisition Corp I shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 4,900 shares of BWC short. 0.02% of Blue Whale Acquisition Corp I's shares are currently sold short. Learn More on Blue Whale Acquisition Corp I's current short interest.

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. 0.02% of Blue Whale Acquisition Corp I's floating shares are currently sold short.

Blue Whale Acquisition Corp I saw a drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,900 shares, a drop of 7.5% from the previous total of 5,300 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.

Blue Whale Acquisition Corp I currently has issued a total of 30,570,000 shares. Some of Blue Whale Acquisition Corp I'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. Blue Whale Acquisition Corp I currently has a public float of 22,090,000 shares.

0.02% of Blue Whale Acquisition Corp I's shares are currently sold short. Here is how the short interest of companies in the sector of "financial services" compare to Blue Whale Acquisition Corp I: Learn CW Investment Co. (0.01%), Healthwell Acquisition Corp. I (0.05%), IX Acquisition Corp. (0.01%), ExcelFin Acquisition Corp. (0.01%), StoneBridge Acquisition Co. (0.07%), Liberty Resources Acquisition Corp. (0.04%), Western Asset Emerging Markets Debt Fund Inc. (0.15%), CapStar Financial Holdings, Inc. (1.69%), BNY Mellon High Yield Strategies Fund (0.13%), American National Bankshares Inc. (0.57%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($3.75 billion), Charter Communications, Inc. ($3.17 billion), Occidental Petroleum Co. ($2.86 billion), Rivian Automotive, Inc. ($2.29 billion), T. Rowe Price Group, Inc. ($2.13 billion), Royal Caribbean Cruises Ltd. ($2.05 billion), Palantir Technologies Inc. ($2.04 billion), Extra Space Storage Inc. ($1.98 billion), Enphase Energy, Inc. ($1.66 billion), and Tractor Supply ($1.61 billion). View all of the most shorted stocks.

Short selling BWC is an investing strategy that aims to generate trading profit from Blue Whale Acquisition Corp I 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 Blue Whale Acquisition Corp I 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 BWC, 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 BWC, twice per month. The most recent reporting period available is July, 15 2023.