Iris Acquisition (IRAA) Short Interest Ratio & Short Volume

Short interest is the volume of Iris Acquisition shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 1,300 shares of IRAA short. 0.45% of Iris Acquisition's shares are currently sold short. Learn More on Iris 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. IRAA shares currently have a short interest ratio of 1.0. Learn More on Iris 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. 0.45% of Iris Acquisition's floating shares are currently sold short.

Iris Acquisition currently has issued a total of 7,190,000 shares. Some of Iris 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. Iris Acquisition currently has a public float of 287,000 shares.

0.45% of Iris Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Iris Acquisition: Crown Proptech Acquisitions (0.06%), Inflection Point Acquisition Corp. II (0.03%), TortoiseEcofin Acquisition Corp. III (0.03%), Patria Latin American Opportunity Acquisition Corp. (0.00%), Spring Valley Acquisition Corp. II (0.02%), Cartesian Growth Co. II (0.01%), Concord Acquisition Corp II (0.04%), Rigetti Computing, Inc. (20.19%), SDCL EDGE Acquisition Co. (0.00%), Keen Vision Acquisition Co. (0.07%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling IRAA is an investing strategy that aims to generate trading profit from Iris Acquisition as its price is falling. IRAA shares are trading down $0.11 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 Iris 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 IRAA, 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 IRAA, twice per month. The most recent reporting period available is July, 15 2024.