Cascadia Acquisition (CCAI) Short Interest Ratio & Short Volume

Short interest is the volume of Cascadia Acquisition shares that have been sold short but have not yet been closed out or covered. As of August 15th, investors have sold 3,400 shares of CCAI short. 1.18% of Cascadia Acquisition's shares are currently sold short. Learn More on Cascadia Acquisition'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. 1.18% of Cascadia Acquisition's floating shares are currently sold short.

Cascadia Acquisition saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 3,400 shares, an increase of 21.4% from the previous total of 2,800 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.

Cascadia Acquisition currently has issued a total of 4,039,000 shares. Some of Cascadia 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. Cascadia Acquisition currently has a public float of 289,200 shares.

1.18% of Cascadia Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "shell companies" compare to Cascadia Acquisition: Black Hawk Acquisition Co. (0.01%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.78 billion), Occidental Petroleum Co. ($3.04 billion), Royal Caribbean Cruises Ltd. ($2.10 billion), Celsius Holdings, Inc. ($1.98 billion), Coinbase Global, Inc. ($1.97 billion), T. Rowe Price Group, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.83 billion), Tractor Supply ($1.82 billion), Moderna, Inc. ($1.66 billion), and CarMax, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling CCAI is an investing strategy that aims to generate trading profit from Cascadia Acquisition as its price is falling. CCAI shares are trading up $0.01 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 Cascadia 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 CCAI, 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 CCAI, twice per month. The most recent reporting period available is August, 15 2023.