Haymaker Acquisition Corp. II Short Interest Ratio and Short Volume

Short interest is the volume of Haymaker Acquisition Corp. II shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 450,400 shares of HYAC short. 1.13% of Haymaker Acquisition Corp. II's shares are currently sold short. View details.

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. Haymaker Acquisition Corp. II currently has a short interest ratio of 1.0.

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. 1.13% of Haymaker Acquisition Corp. II's floating shares are currently sold short.

Haymaker Acquisition Corp. II saw a increase in short interest in November. As of November 30th, there was short interest totaling 450,400 shares, an increase of 122.9% from the previous total of 202,100 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.

Haymaker Acquisition Corp. II currently has issued a total of 50,000,000 shares. Some of Haymaker Acquisition Corp. 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. Haymaker Acquisition Corp. II currently has a public float of 39,950,000 shares.

1.13% of Haymaker Acquisition Corp. 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 Haymaker Acquisition Corp. II: Brooge Energy Limited (0.33%), Bain Capital Specialty Finance, Inc. (0.00%), Churchill Capital Corp II (0.01%), Apex Technology Acquisition Co. (0.99%), Silver Spike Acquisition Corp. (0.11%), Juniper Industrial Holdings, Inc. (0.03%), Thunder Bridge Acquisition II, Ltd. (0.03%), Tuscan Holdings Corp. (1.36%), Global Cord Blood Co. (0.85%), and Infrastructure and Energy Alternatives, Inc. (3.39%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.86 billion), Aon Plc ($4.18 billion), ViacomCBS Inc. ($4.12 billion), Moderna, Inc. ($3.88 billion), Analog Devices, Inc. ($3.84 billion), Snap Inc. ($3.54 billion), Uber Technologies, Inc. ($3.23 billion), The Clorox Company ($2.65 billion), The Kroger Co. ($2.13 billion), and International Flavors & Fragrances Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling HYAC is an investing strategy that aims to generate trading profit from Haymaker Acquisition Corp. II as its price is falling. To short Haymaker Acquisition Corp. 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 Haymaker Acquisition Corp. 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.

A short squeeze for Haymaker Acquisition Corp. II 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 HYAC, 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 HYAC, twice per month. The most recent reporting period available is November, 30 2020.