Global SPAC Partners (GLSPT) Short Interest Ratio & Short Volume

Short interest is the volume of Global SPAC Partners shares that have been sold short but have not yet been covered or closed out. As of June 30th, traders have sold 20,900 shares of GLSPT short. 0.16% of Global SPAC Partners' shares are currently sold short. Learn More on Global SPAC Partners' 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. 0.16% of Global SPAC Partners' floating shares are currently sold short.

Global SPAC Partners saw a increase in short interest in June. As of June 30th, there was short interest totaling 20,900 shares, an increase of 29.8% from the previous total of 16,100 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.

Global SPAC Partners currently has issued a total of 15,461,000 shares. Some of Global SPAC Partners' 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 SPAC Partners currently has a public float of 12,880,000 shares.

0.16% of Global SPAC Partners' shares are currently sold short. Here is how the short interest of companies compare to Global SPAC Partners: Inspired Entertainment, Inc. (2.05%), SDCL EDGE Acquisition Co. (0.03%), MMTec, Inc. (0.29%), Alarum Technologies Ltd. (4.08%), FingerMotion, Inc. (5.80%), Airship AI Holdings, Inc. (4.88%), WM Technology, Inc. (1.08%), Agora, Inc. (2.60%), Pyrophyte Acquisition Corp. (0.16%), InFinT Acquisition Co. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.48 billion), Occidental Petroleum Co. ($3.23 billion), TC Energy Co. ($2.86 billion), Lucid Group, Inc. ($2.34 billion), T. Rowe Price Group, Inc. ($1.87 billion), HP Inc. ($1.83 billion), GameStop Corp. ($1.63 billion), Coinbase Global, Inc. ($1.53 billion), Rivian Automotive, Inc. ($1.45 billion), and Lumen Technologies, Inc. ($1.42 billion). View all of the most shorted stocks.

Short selling GLSPT is an investing strategy that aims to generate trading profit from Global SPAC Partners 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 Global SPAC Partners 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 GLSPT, 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 GLSPT, twice per month. The most recent reporting period available is June, 30 2022.