FG Merger II (FGMC) Short Interest Ratio & Short Volume

Short interest is the volume of FG Merger II shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 3,700 shares of FGMC short. 0.05% of FG Merger II's shares are currently sold short. Learn More on FG Merger II'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. 0.05% of FG Merger II's floating shares are currently sold short.

FG Merger II saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 3,700 shares, an increase of 516.7% from the previous total of 600 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.

FG Merger II currently has issued a total of 2,600,000 shares. Some of FG Merger II'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. FG Merger II currently has a public float of 7,810,000 shares.

0.05% of FG Merger II's shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to FG Merger II: CareCloud, Inc. (5.32%), RumbleON, Inc. (11.79%), Alarum Technologies Ltd. Sponsored ADR (5.28%), iClick Interactive Asia Group Limited (1.42%), Cardlytics, Inc. (14.82%), GAN Limited (0.38%), Duos Technologies Group, Inc. (2.49%), Lucas GC Limited (3.08%), Zenvia Inc. (0.97%), Global Mofy AI Limited (0.37%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.78 billion), Occidental Petroleum Corporation ($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 Company ($1.82 billion), Moderna, Inc. ($1.66 billion), and CarMax, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling FGMC is an investing strategy that aims to generate trading profit from FG Merger II as its price is falling. FGMC shares are trading down $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 FG Merger II 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 FGMC, 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 FGMC, twice per month. The most recent reporting period available is August, 15 2023.