Golden Path Acquisition (GPCO) Short Interest Ratio & Short Volume

Short interest is the volume of Golden Path Acquisition shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 1,200 shares of GPCO short. Learn More on Golden Path Acquisition's current short interest.

Golden Path Acquisition saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,200 shares, a decline of 45.5% from the previous total of 2,200 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.

Here is how the short interest of companies in the sector of "computer and technology" compare to Golden Path Acquisition: GAN Limited (1.11%), PodcastOne, Inc. (0.22%), Hanryu Holdings, Inc. (0.57%), Sangoma Technologies Co. (0.03%), Aurora Mobile Limited (0.42%), Sify Technologies Limited (0.02%), VNET Group, Inc. (5.73%), WiMi Hologram Cloud Inc. (2.19%), LeddarTech Holdings Inc. (0.22%), Upland Software, Inc. (2.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.91 billion), Charter Communications, Inc. ($3.53 billion), Suncor Energy Inc. ($2.26 billion), T. Rowe Price Group, Inc. ($2.01 billion), Chesapeake Energy Co. ($1.92 billion), Lucid Group, Inc. ($1.84 billion), Plug Power Inc. ($1.81 billion), Williams-Sonoma, Inc. ($1.66 billion), Coinbase Global, Inc. ($1.64 billion), and Lumen Technologies, Inc. ($1.50 billion). View all of the most shorted stocks.

Short selling GPCO is an investing strategy that aims to generate trading profit from Golden Path Acquisition 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 Golden Path 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 GPCO, 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 GPCO, twice per month. The most recent reporting period available is August, 31 2022.