Health Sciences Acquisitions Co. 2 (HSAQ) Short Interest Ratio & Short Volume

Short interest is the volume of Health Sciences Acquisitions Co. 2 shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 256,900 shares of HSAQ short. 4.06% of Health Sciences Acquisitions Co. 2's shares are currently sold short. Learn More on Health Sciences Acquisitions Co. 2'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. HSAQ shares currently have a short interest ratio of 5.0. Learn More on Health Sciences Acquisitions Co. 2'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. 4.06% of Health Sciences Acquisitions Co. 2's floating shares are currently sold short.

Health Sciences Acquisitions Co. 2 saw a increase in short interest in January. As of January 15th, there was short interest totaling 256,900 shares, an increase of 1.6% from the previous total of 252,900 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 Sciences Acquisitions Co. 2 currently has issued a total of 11,212,000 shares. Some of Health Sciences Acquisitions Co. 2'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 Sciences Acquisitions Co. 2 currently has a public float of 6,330,000 shares.

4.06% of Health Sciences Acquisitions Co. 2's shares are currently sold short. Here is how the short interest of companies in the industry of "surgical & medical instruments" compare to Health Sciences Acquisitions Co. 2: Orchestra BioMed Holdings, Inc. (2.03%), Monogram Orthopaedics, Inc. (2.22%), iCAD, Inc. (1.04%), Microbot Medical Inc. (21.53%), Fractyl Health, Inc. (13.57%), Inovio Pharmaceuticals, Inc. (18.34%), Sensus Healthcare, Inc. (6.46%), IceCure Medical Ltd (0.80%), enVVeno Medical Corporation (2.17%), Cytosorbents Co. (3.17%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling HSAQ is an investing strategy that aims to generate trading profit from Health Sciences Acquisitions Co. 2 as its price is falling. HSAQ shares are trading down $0.22 today. 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 Sciences Acquisitions Co. 2 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 HSAQ, 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 HSAQ, twice per month. The most recent reporting period available is January, 15 2023.