Home Plate Acquisition (HPLT) Short Interest Ratio & Short Volume

Short interest is the volume of Home Plate Acquisition shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 700 shares of HPLT short. Learn More on Home Plate Acquisition's current short interest.

Home Plate Acquisition saw a decrease in short interest in May. As of May 31st, there was short interest totaling 700 shares, a decrease of 65.0% from the previous total of 2,000 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.

Home Plate Acquisition currently has issued a total of 7,270,000 shares. Some of Home Plate 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. Home Plate Acquisition currently has a public float of 16,490,000 shares.

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

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.12 billion), Palo Alto Networks, Inc. ($3.85 billion), Lucid Group, Inc. ($2.66 billion), HP Inc. ($2.31 billion), Coinbase Global, Inc. ($2.14 billion), GameStop Corp. ($1.94 billion), T. Rowe Price Group, Inc. ($1.91 billion), Chesapeake Energy Co. ($1.79 billion), Rivian Automotive, Inc. ($1.62 billion), and Carnival Co. & plc ($1.59 billion). View all of the most shorted stocks.

Short selling HPLT is an investing strategy that aims to generate trading profit from Home Plate 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 Home Plate 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 HPLT, 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 HPLT, twice per month. The most recent reporting period available is May, 31 2022.