Gores Technology Partners II Short Interest Ratio and Short Volume

Gores Technology Partners II (NASDAQ:GTPB) Short Interest Frequently Asked Questions

What is Gores Technology Partners II's current short interest?

Short interest is the volume of Gores Technology Partners II shares that have been sold short but have not yet been closed out or covered. As of November 15th, traders have sold 17,800 shares of GTPB short. 0.04% of Gores Technology Partners II's shares are currently sold short. Learn More on Gores Technology Partners II's current short interest.

What is a good short interest percentage for Gores Technology Partners II?

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. 0.04% of Gores Technology Partners II's floating shares are currently sold short.

Is Gores Technology Partners II's short interest increasing or decreasing?

Gores Technology Partners II saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 17,800 shares, a drop of 13.6% from the previous total of 20,600 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.

What is Gores Technology Partners II's float size?

Gores Technology Partners II currently has issued a total of 57,500,000 shares. Some of Gores Technology Partners II'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. Gores Technology Partners II currently has a public float of 45,360,000 shares.

How does Gores Technology Partners II's short interest compare to its competitors?

0.04% of Gores Technology Partners II's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Gores Technology Partners II: The Lion Electric Company (15.83%), Austerlitz Acquisition Co. II (0.29%), Churchill Capital Corp VII (0.05%), KKR Acquisition Holdings I Corp. (0.03%), Social Capital Hedosophia Holdings Corp. VI (1.24%), Gores Guggenheim, Inc. (3.91%), Ares Acquisition Co. (0.21%), FTAC Hera Acquisition Corp. (0.07%), Compute Health Acquisition Corp. (0.17%), and Cohn Robbins Holdings Corp. (0.06%).

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 Gores Technology Partners II stock?

Short selling GTPB is an investing strategy that aims to generate trading profit from Gores Technology Partners II as its price is falling. Gores Technology Partners II's stock is trading up $0.01 today. To short Gores Technology Partners II 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 Gores Technology Partners II 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 Gores Technology Partners II?

A short squeeze for Gores Technology Partners II 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 GTPB, which in turn drives the price of the stock up even further.

How often is Gores Technology Partners II'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 GTPB, twice per month. The most recent reporting period available is November, 15 2021.