Jaws Hurricane Acquisition Corp. Unit (HCNEU) Short Interest Ratio & Short Volume

Short interest is the volume of Jaws Hurricane Acquisition Corp. Unit shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 800 shares of HCNEU short. Learn More on Jaws Hurricane Acquisition Corp. Unit's current short interest.

Jaws Hurricane Acquisition Corp. Unit saw a drop in short interest in May. As of May 31st, there was short interest totaling 800 shares, a drop of 50.0% from the previous total of 1,600 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.

Jaws Hurricane Acquisition Corp. Unit currently has issued a total of 0 shares. Some of Jaws Hurricane Acquisition Corp. Unit'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. Jaws Hurricane Acquisition Corp. Unit currently has a public float of 31,630,000 shares.

Here is how the short interest of companies in the industry of "shell companies" compare to Jaws Hurricane Acquisition Corp. Unit: Black Hawk Acquisition Co. (0.01%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.00 billion), Suncor Energy Inc. ($2.98 billion), Charter Communications, Inc. ($2.88 billion), Occidental Petroleum Co. ($2.79 billion), Moderna, Inc. ($2.39 billion), Snowflake Inc. ($2.38 billion), Coinbase Global, Inc. ($2.22 billion), Palantir Technologies Inc. ($2.18 billion), T. Rowe Price Group, Inc. ($2.03 billion), and Verisk Analytics, Inc. ($2.02 billion). View all of the most shorted stocks.

Short selling HCNEU is an investing strategy that aims to generate trading profit from Jaws Hurricane Acquisition Corp. Unit 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 Jaws Hurricane Acquisition Corp. Unit 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 HCNEU, 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 HCNEU, twice per month. The most recent reporting period available is May, 31 2023.