Global Synergy Acquisition (GSAQ) Short Interest Ratio & Short Volume

Short interest is the volume of Global Synergy Acquisition shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 3,200 shares of GSAQ short. Learn More on Global Synergy Acquisition's current short interest.

Global Synergy Acquisition saw a drop in short interest in the month of July. As of July 15th, there was short interest totaling 3,200 shares, a drop of 76.5% from the previous total of 13,600 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 "unclassified" compare to Global Synergy Acquisition: Inflection Point Acquisition Corp. II (0.02%), Investcorp Europe Acquisition Corp I (0.10%), Power & Digital Infrastructure Acquisition II Corp. (2.56%), Rigel Resource Acquisition Corp. (0.00%), TortoiseEcofin Acquisition Corp. III (0.03%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), L Catterton Asia Acquisition Corp (0.20%), Nabors Energy Transition Corp. II (0.02%), Spring Valley Acquisition Corp. II (0.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.50 billion), KLA Co. ($2.53 billion), Lucid Group, Inc. ($2.50 billion), T. Rowe Price Group, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.78 billion), HP Inc. ($1.75 billion), Rivian Automotive, Inc. ($1.70 billion), Lumen Technologies, Inc. ($1.58 billion), and Chesapeake Energy Co. ($1.45 billion). View all of the most shorted stocks.

Short selling GSAQ is an investing strategy that aims to generate trading profit from Global Synergy 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 Global Synergy 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 GSAQ, 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 GSAQ, twice per month. The most recent reporting period available is July, 15 2022.