Gores Holdings IX - GHIX Short Interest Ratio & Short Volume

Short interest is the volume of Gores Holdings IX shares that have been sold short but have not yet been closed out or covered. As of February 28th, traders have sold 23,200 shares of GHIX short. 0.05% of Gores Holdings IX's shares are currently sold short. Learn More on Gores Holdings IX'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 Gores Holdings IX's floating shares are currently sold short.

Gores Holdings IX saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 23,200 shares, a drop of 14.4% from the previous total of 27,100 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.

Gores Holdings IX currently has issued a total of 65,630,000 shares. Some of Gores Holdings IX'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. Gores Holdings IX currently has a public float of 49,380,000 shares.

0.05% of Gores Holdings IX's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Gores Holdings IX: Horizon Acquisition Co. II (3.70%), CF Acquisition Corp. IV (0.05%), Fusion Acquisition Corp. II (0.03%), Landcadia Holdings IV, Inc. (0.00%), Churchill Capital Corp V (0.05%), Churchill Capital Corp VI (0.04%), Warburg Pincus Capital Co. I-B (0.01%), RMG Acquisition Corp. III (0.01%), MSD Acquisition Corp. (0.01%), and Khosla Ventures Acquisition Co. III (1.17%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($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 GHIX is an investing strategy that aims to generate trading profit from Gores Holdings IX as its price is falling. GHIX 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 Gores Holdings IX occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of GHIX, 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 GHIX, twice per month. The most recent reporting period available is February, 28 2023.