Chavant Capital Acquisition (CLAY) Short Interest Ratio & Short Volume

Short interest is the volume of Chavant Capital Acquisition shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 500 shares of CLAY short. 0.04% of Chavant Capital Acquisition's shares are currently sold short. Learn More on Chavant Capital Acquisition's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CLAY shares currently have a short interest ratio of 2.0. Learn More on Chavant Capital Acquisition's short interest ratio.

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. 0.04% of Chavant Capital Acquisition's floating shares are currently sold short.

Chavant Capital Acquisition currently has issued a total of 2,779,000 shares. Some of Chavant Capital 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. Chavant Capital Acquisition currently has a public float of 1,120,000 shares.

0.04% of Chavant Capital Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Chavant Capital Acquisition: PHP Ventures Acquisition Corp. (0.85%), Nova Vision Acquisition Co. (0.04%), Integral Acquisition Co. 1 (0.05%), Vision Sensing Acquisition Corp. (0.09%), Roth Ch Acquisition V Co. (0.20%), Cactus Acquisition Corp. 1 Limited (0.13%), Bannix Acquisition Corp. (0.00%), Nocturne Acquisition Co. (0.04%), Liberty Resources Acquisition Corp. (0.04%), StoneBridge Acquisition Co. (0.07%),

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 Co. ($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 CLAY is an investing strategy that aims to generate trading profit from Chavant Capital Acquisition as its price is falling. CLAY shares are trading up $0.64 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 Chavant Capital 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 CLAY, 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 CLAY, twice per month. The most recent reporting period available is May, 15 2023.