Fortune Rise Acquisition (FRLA) Short Interest Ratio & Short Volume

Short interest is the volume of Fortune Rise Acquisition shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 300 shares of FRLA short. 0.01% of Fortune Rise Acquisition's shares are currently sold short. Learn More on Fortune Rise 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. 0.01% of Fortune Rise Acquisition's floating shares are currently sold short.

Fortune Rise Acquisition currently has issued a total of 6,270,000 shares. Some of Fortune Rise 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. Fortune Rise Acquisition currently has a public float of 3,130,000 shares.

0.01% of Fortune Rise Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Fortune Rise Acquisition: Four Leaf Acquisition Co. (0.01%), Distoken Acquisition Co. (0.00%), Blue Ocean Acquisition Corp. (0.02%), NorthView Acquisition Co. (0.03%), Coliseum Acquisition Corp. (0.02%), Globalink Investment Inc. (0.01%), Clean Energy Special Situations Corp. (0.06%), OCA Acquisition Corp. (0.10%), Swiftmerge Acquisition Corp. (0.02%), TenX Keane Acquisition (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling FRLA is an investing strategy that aims to generate trading profit from Fortune Rise 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 Fortune Rise Acquisition 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 FRLA, 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 FRLA, twice per month. The most recent reporting period available is April, 15 2024.