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DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
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NASDAQ:FTAC

FinTech Acquisition Corp. III Short Interest Ratio and Short Volume

Notice: This company has been marked as potentially delisted and may not be actively trading.
$11.37
0.00 (0.00 %)
(As of 11/24/2020 12:00 AM ET)
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Today's Range
$11.01
Now: $11.37
$11.74
50-Day Range
$10.20
MA: $11.05
$11.37
52-Week Range
$9.75
Now: $11.37
$12.25
Volume973,640 shs
Average Volume409,637 shs
Market Capitalization$503.54 million
P/E Ratio142.14
Dividend YieldN/A
Beta0.02

Short Interest

FinTech Acquisition Corp. III (NASDAQ:FTAC) Short Interest Data

Current Short Volume:109,700 shares
Previous Short Volume:14,700 shares
Change Vs. Previous Month:+646.26%
Dollar Volume Sold Short:$1.12 million
Short Interest Ratio / Days to Cover:0.0
Last Record Date:September, 30 2020
Outstanding Shares:35,430,000 shares
Float Size:34,600,000 shares
Short Percent of Float:0.32%
Today's Trading Volume:973,640 shares
Average Trading Volume:409,637 shares
Today's Volume Vs. Average:137.68%



FinTech Acquisition Corp. III (NASDAQ:FTAC) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/30/2020109,700 $1.12 million 646.3%0.3%0.2$10.20
9/15/202014,700 $150,234.00 -41.4%0.0%0$10.22

FinTech Acquisition Corp. III (NASDAQ:FTAC) Short Interest FAQ

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What is FinTech Acquisition Corp. III's current short interest?

Short interest is the volume of FinTech Acquisition Corp. III shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 109,700 shares of FTAC short. 0.32% of FinTech Acquisition Corp. III's shares are currently sold short. View details.

What is a good short interest percentage for FinTech Acquisition Corp. III?

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. 0.32% of FinTech Acquisition Corp. III's floating shares are currently sold short.

Is FinTech Acquisition Corp. III's short interest increasing or decreasing?

FinTech Acquisition Corp. III saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 109,700 shares, an increase of 646.3% from the previous total of 14,700 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.

What is FinTech Acquisition Corp. III's float size?

FinTech Acquisition Corp. III currently has issued a total of 44,287,000 shares. Some of FinTech Acquisition Corp. III'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. FinTech Acquisition Corp. III currently has a public float of 34,600,000 shares.

How does FinTech Acquisition Corp. III's short interest compare to its competitors?

0.32% of FinTech Acquisition Corp. III's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to FinTech Acquisition Corp. III: Brooge Energy Limited (0.70%), Bain Capital Specialty Finance, Inc. (0.00%), DiamondPeak Holdings Corp. (0.00%), Churchill Capital Corp II (0.01%), Gores Metropoulos, Inc. (0.92%), Landcadia Holdings II, Inc. (7.26%), Haymaker Acquisition Corp. II (0.05%), Apex Technology Acquisition Co. (0.04%), Global Cord Blood Co. (0.81%), and Juniper Industrial Holdings, Inc. (0.03%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.12 billion), Aon Plc ($3.76 billion), The Clorox Company ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog, Inc. ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), The Kroger Co. ($2.20 billion), and Simon Property Group, Inc. ($1.88 billion). View all of the most shorted stocks.

What does it mean to sell short FinTech Acquisition Corp. III stock?

Short selling FTAC is an investing strategy that aims to generate trading profit from FinTech Acquisition Corp. III as its price is falling. To short FinTech Acquisition Corp. III 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 FinTech Acquisition Corp. III 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.

How does a short squeeze work against FinTech Acquisition Corp. III?

A short squeeze for FinTech Acquisition Corp. III 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 FTAC, which in turn drives the price of the stock up even further.

How often is FinTech Acquisition Corp. III's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FTAC, twice per month. The most recent reporting period available is September, 30 2020.


This page was last updated on 11/26/2020 by MarketBeat.com Staff

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