Canna-Global Acquisition (CNGLU) Short Interest Ratio & Short Volume

Short interest is the volume of Canna-Global Acquisition shares that have been sold short but have not yet been closed out or covered. As of February 14th, investors have sold 100 shares of CNGLU short. Learn More on Canna-Global Acquisition's current short interest.

As of the most recent reporting period, the following stocks had the largest short interest positions: The Campbell's Company ($659.67 million), Brookfield Infrastructure Co. ($292.60 million), Science Applications International Co. ($266.46 million), Renasant Co. ($191.93 million), Xerox Holdings Co. ($161.88 million), Dream Finders Homes, Inc. ($144.42 million), First Advantage Co. ($104.63 million), Zymeworks Inc. ($57.64 million), Prime Medicine, Inc. ($51.29 million), and Kforce Inc. ($47.83 million). View all of the most shorted stocks.

Short selling CNGLU is an investing strategy that aims to generate trading profit from Canna-Global 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 Canna-Global 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 CNGLU, 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 CNGLU, twice per month. The most recent reporting period available is February, 14 2025.