Health Assurance Acquisition (HAAC) Short Interest Ratio & Short Volume

Short interest is the volume of Health Assurance Acquisition shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 74,200 shares of HAAC short. 0.16% of Health Assurance Acquisition's shares are currently sold short. Learn More on Health Assurance Acquisition's current short interest.

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. HAAC shares currently have a short interest ratio of 1.0. Learn More on Health Assurance Acquisition's short interest ratio.

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. 0.16% of Health Assurance Acquisition's floating shares are currently sold short.

Health Assurance Acquisition saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 74,200 shares, an increase of 2.9% from the previous total of 72,100 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.

Health Assurance Acquisition currently has issued a total of 55,375,000 shares. Some of Health Assurance 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. Health Assurance Acquisition currently has a public float of 46,190,000 shares.

0.16% of Health Assurance Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Health Assurance Acquisition: Inflection Point Acquisition Corp. II (0.56%), Concord Acquisition Corp II (0.00%), Direct Selling Acquisition Corp. (0.00%), Integrated Rail and Resources Acquisition Corp. (0.00%), byNordic Acquisition Co. (0.13%), Papaya Growth Opportunity Corp. I (0.00%), Goal Acquisitions Corp. (0.00%), AltEnergy Acquisition Corp. (0.00%), Southport Acquisition Co. (0.00%), Clean Energy Special Situations Corp. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.48 billion), Charter Communications, Inc. ($2.85 billion), Twitter, Inc. ($1.89 billion), T. Rowe Price Group, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.77 billion), Pacific Gas & Electric Co. ($1.75 billion), Lucid Group, Inc. ($1.58 billion), Rivian Automotive, Inc. ($1.42 billion), Roblox Corporation ($1.39 billion), and Williams-Sonoma, Inc. ($1.33 billion). View all of the most shorted stocks.

Short selling HAAC is an investing strategy that aims to generate trading profit from Health Assurance 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 Health Assurance 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 HAAC, 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 HAAC, twice per month. The most recent reporting period available is October, 15 2022.