Gobi Acquisition Short Interest Ratio and Short Volume

Gobi Acquisition (NASDAQ:GOBI) Short Interest Frequently Asked Questions

What is Gobi Acquisition's current short interest?

Short interest is the volume of Gobi Acquisition shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 4,800 shares of GOBI short. 0.09% of Gobi Acquisition's shares are currently sold short. Learn More on Gobi Acquisition's current short interest.

What is a good short interest ratio for Gobi 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. Gobi Acquisition currently has a short interest ratio of 3.0. Learn More on a good short interest ratio for Gobi Acquisition

What is a good short interest percentage for Gobi 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. 0.09% of Gobi Acquisition's floating shares are currently sold short.

Is Gobi Acquisition's short interest increasing or decreasing?

Gobi Acquisition saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 4,800 shares, an increase of 6.7% from the previous total of 4,500 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.

What is Gobi Acquisition's float size?

Gobi Acquisition currently has issued a total of 25,853,000 shares. Some of Gobi 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. Gobi Acquisition currently has a public float of 5,550,000 shares.

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

0.09% of Gobi Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "unclassified" compare to Gobi Acquisition: Apollo Strategic Growth Capital (0.10%), CONX Corp. (0.14%), Pontem Co. (0.21%), Apollo Strategic Growth Capital II (0.17%), Altimeter Growth Corp. (41.88%), CC Neuberger Principal Holdings II (0.32%), Bluescape Opportunities Acquisition Corp. (0.95%), Avanti Acquisition Corp. (0.04%), Liberty Media Acquisition Co. (0.13%), and Bridgetown Holdings Limited (1.12%).

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. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Gobi Acquisition stock?

Short selling GOBI is an investing strategy that aims to generate trading profit from Gobi Acquisition as its price is falling. Gobi Acquisition's stock is trading up $0.08 today. To short Gobi 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 Gobi 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 Gobi Acquisition?

A short squeeze for Gobi Acquisition 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 GOBI, which in turn drives the price of the stock up even further.

How often is Gobi 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 GOBI, twice per month. The most recent reporting period available is November, 15 2021.