FTAC Parnassus Acquisition (FTPA) Short Interest Ratio & Short Volume

Short interest is the volume of FTAC Parnassus Acquisition shares that have been sold short but have not yet been closed out or covered. As of February 28th, traders have sold 20,900 shares of FTPA short. 0.08% of FTAC Parnassus Acquisition's shares are currently sold short. Learn More on FTAC Parnassus 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. 0.08% of FTAC Parnassus Acquisition's floating shares are currently sold short.

FTAC Parnassus Acquisition saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 20,900 shares, an increase of 1.0% from the previous total of 20,700 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.

FTAC Parnassus Acquisition currently has issued a total of 34,250,000 shares. Some of FTAC Parnassus 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. FTAC Parnassus Acquisition currently has a public float of 25,240,000 shares.

0.08% of FTAC Parnassus Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to FTAC Parnassus Acquisition: Inflection Point Acquisition Corp. II (0.56%), Cartesian Growth Co. II (0.01%), SK Growth Opportunities Co. (0.45%), Hennessy Capital Investment Corp. VI (0.03%), Zalatoris Acquisition Corp. (0.00%), Concord Acquisition Corp II (0.00%), Direct Selling Acquisition Corp. (0.00%), Integrated Rail and Resources Acquisition Corp. (0.00%), Global Lights Acquisition Corp (0.29%), Evergreen Co. (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Corporation ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling FTPA is an investing strategy that aims to generate trading profit from FTAC Parnassus 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 FTAC Parnassus 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 FTPA, 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 FTPA, twice per month. The most recent reporting period available is February, 28 2023.