Free Trial

Global Lights Acquisition (GLAC) Short Interest Ratio & Short Volume

-0.01 (-0.10%)
(As of 05/20/2024 ET)

Global Lights Acquisition Short Interest Data

Current Short Interest
Previous Short Interest
Change Vs. Previous Month
Dollar Volume Sold Short
Short Interest Ratio
1.5 Days to Cover
Last Record Date
April 30, 2024
Outstanding Shares
Float Size
Short Percent of Float
Today's Trading Volume
Average Trading Volume
Today's Volume Vs. Average
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
Short Selling Global Lights Acquisition ?

Sign up to receive the latest short interest report for Global Lights Acquisition and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

GLAC Short Interest Over Time

GLAC Days to Cover Over Time

GLAC Percentage of Float Shorted Over Time

Global Lights Acquisition Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/30/202432,900 shares $336,238.00 +344.6%0.7%1.5 $10.22
4/15/20247,400 shares $75,702.00 -3.9%0.1%0.3 $10.23
3/31/20247,700 shares $78,386.00 -29.4%0.1%0.4 $10.18
3/15/202410,900 shares $110,962.00 -0.9%0.2%0.5 $10.18
2/29/202411,000 shares $111,650.00 +1,733.3%0.8%0.2 $10.15
2/15/2024600 shares $6,096.00 -83.3%0.1%0 $10.16
1/31/20243,600 shares $36,612.00 No Change0.3%0 $10.17

GLAC Short Interest - Frequently Asked Questions

What is Global Lights Acquisition's current short interest?

Short interest is the volume of Global Lights Acquisition shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 32,900 shares of GLAC short. 0.68% of Global Lights Acquisition's shares are currently sold short. Learn More on Global Lights Acquisition's current short interest.

What is a good short interest ratio for Global Lights Acquisition?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. GLAC shares currently have a short interest ratio of 2.0. Learn More on Global Lights Acquisition's short interest ratio.

What is a good short interest percentage for Global Lights Acquisition?

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. 0.68% of Global Lights Acquisition's floating shares are currently sold short.

Is Global Lights Acquisition's short interest increasing or decreasing?

Global Lights Acquisition saw a increase in short interest in April. As of April 30th, there was short interest totaling 32,900 shares, an increase of 344.6% from the previous total of 7,400 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 Global Lights Acquisition's float size?

Global Lights Acquisition currently has issued a total of 8,975,000 shares. Some of Global Lights 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. Global Lights Acquisition currently has a public float of 4,820,000 shares.

How does Global Lights Acquisition's short interest compare to its competitors?

0.68% of Global Lights 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 Global Lights Acquisition: Papaya Growth Opportunity Corp. I (0.23%), Armada Acquisition Corp. I (0.60%), Osiris Acquisition Corp. (0.15%), Atlantic Coastal Acquisition Corp. II (0.00%), Horizon Space Acquisition I Corp. (0.00%), Onyx Acquisition Co. I (0.12%), Direct Selling Acquisition Corp. (0.01%), Kernel Group Holdings, Inc. (0.06%), TMT Acquisition Corp (0.03%), Feutune Light Acquisition Co. (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: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

What does it mean to sell short Global Lights Acquisition stock?

Short selling GLAC is an investing strategy that aims to generate trading profit from Global Lights Acquisition as its price is falling. GLAC 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.

How does a short squeeze work against Global Lights Acquisition?

A short squeeze for Global Lights 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 GLAC, which in turn drives the price of the stock up even further.

How often is Global Lights 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 GLAC, twice per month. The most recent reporting period available is April, 30 2024.

More Short Interest Resources from MarketBeat

This page (NASDAQ:GLAC) was last updated on 5/21/2024 by Staff

From Our Partners