Growth Capital Acquisition Short Interest Ratio and Short Volume

Growth Capital Acquisition (NASDAQ:GCAC) Short Interest Frequently Asked Questions

What is Growth Capital Acquisition's current short interest?

Short interest is the volume of Growth Capital Acquisition shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 34,200 shares of GCAC short. Learn More on Growth Capital Acquisition's current short interest.

Is Growth Capital Acquisition's short interest increasing or decreasing?

Growth Capital Acquisition saw a increase in short interest in October. As of October 15th, there was short interest totaling 34,200 shares, an increase of 5.2% from the previous total of 32,500 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.

How does Growth Capital Acquisition's short interest compare to its competitors?

0.00% of Growth Capital 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 Growth Capital Acquisition: Apollo Strategic Growth Capital II (0.11%), Pontem Co. (0.15%), CC Neuberger Principal Holdings II (0.67%), Fortress Value Acquisition Corp. IV (0.78%), Altimeter Growth Corp. (34.79%), Avanti Acquisition Corp. (0.06%), RedBall Acquisition Corp. (0.48%), Liberty Media Acquisition Co. (0.11%), MSD Acquisition Corp. (0.06%), and Lazard Growth Acquisition Corp. I (0.05%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.75 billion), S&P Global Inc. ($7.73 billion), Charter Communications, Inc. ($5.40 billion), Snowflake Inc. ($4.50 billion), Canadian Pacific Railway Limited ($4.39 billion), Uber Technologies, Inc. ($4.21 billion), Wayfair Inc. ($4.15 billion), Palo Alto Networks, Inc. ($3.27 billion), Teladoc Health, Inc. ($2.78 billion), and DoorDash, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Growth Capital Acquisition stock?

Short selling GCAC is an investing strategy that aims to generate trading profit from Growth Capital Acquisition as its price is falling. Growth Capital Acquisition's stock is trading down $0.02 today. To short Growth Capital Acquisition 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 Growth Capital Acquisition 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 Growth Capital Acquisition?

A short squeeze for Growth Capital 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 GCAC, which in turn drives the price of the stock up even further.

How often is Growth Capital Acquisition'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 GCAC, twice per month. The most recent reporting period available is October, 15 2021.