Gores Technology Partners (GTPAU) Short Interest Ratio & Short Volume

Short interest is the volume of Gores Technology Partners shares that have been sold short but have not yet been covered or closed out. As of December 15th, traders have sold 1,300 shares of GTPAU short. Learn More on Gores Technology Partners' current short interest.

Gores Technology Partners saw a drop in short interest in the month of December. As of December 15th, there was short interest totaling 1,300 shares, a drop of 13.3% from the previous total of 1,500 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.

Gores Technology Partners currently has issued a total of 0 shares. Some of Gores Technology 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. Gores Technology Partners currently has a public float of 27,360,000 shares.

Here is how the short interest of companies in the sector of "finance" compare to Gores Technology Partners: AGM Group Holdings Inc. (0.05%), American Realty Investors, Inc. (1.37%), Bain Capital Specialty Finance, Inc. (0.19%), Banco Macro S.A. (1.52%), Bancolombia S.A. (0.28%), Burford Capital Limited (0.58%), Grupo Financiero Galicia S.A. (2.52%), Intercorp Financial Services Inc. (0.47%), Itaú Unibanco Holding S.A. (0.43%), Monroe Capital Co. (0.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($10.20 billion), S&P Global Inc. ($9.27 billion), Canadian Pacific Kansas City Limited ($8.89 billion), Charter Communications, Inc. ($4.91 billion), Palo Alto Networks, Inc. ($3.82 billion), Wayfair Inc. ($3.47 billion), Lucid Group, Inc. ($3.06 billion), Zscaler, Inc. ($2.54 billion), Teladoc Health, Inc. ($2.27 billion), and Datadog, Inc. ($2.24 billion). View all of the most shorted stocks.

Short selling GTPAU is an investing strategy that aims to generate trading profit from Gores Technology 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 Gores Technology Partners 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 GTPAU, 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 GTPAU, twice per month. The most recent reporting period available is December, 15 2021.