Isleworth Healthcare Acquisition (ISLE) Short Interest Ratio & Short Volume

Short interest is the volume of Isleworth Healthcare Acquisition shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 72,800 shares of ISLE short. 0.35% of Isleworth Healthcare Acquisition's shares are currently sold short. Learn More on Isleworth Healthcare 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. ISLE shares currently have a short interest ratio of 1.0. Learn More on Isleworth Healthcare 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. 0.35% of Isleworth Healthcare Acquisition's floating shares are currently sold short.

Isleworth Healthcare Acquisition saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 72,800 shares, an increase of 84.3% from the previous total of 39,500 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.

Isleworth Healthcare Acquisition currently has issued a total of 26,191,000 shares. Some of Isleworth Healthcare 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. Isleworth Healthcare Acquisition currently has a public float of 21,020,000 shares.

0.35% of Isleworth Healthcare Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Isleworth Healthcare Acquisition: Las Vegas Sands Corp. (5.32%), Advanced Drainage Systems, Inc. (3.35%), MGM Resorts International (10.28%), Wynn Resorts, Limited (8.45%), Churchill Downs Incorporated (2.50%), Caesars Entertainment, Inc. (13.06%), Boyd Gaming Co. (4.54%), International Game Technology PLC (4.11%), PENN Entertainment, Inc. (12.72%), Monarch Casino & Resort, Inc. (1.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.13 billion), Charter Communications, Inc. ($3.94 billion), Coinbase Global, Inc. ($2.38 billion), Lucid Group, Inc. ($2.30 billion), T. Rowe Price Group, Inc. ($2.22 billion), Williams-Sonoma, Inc. ($2.02 billion), Plug Power Inc. ($1.94 billion), Chesapeake Energy Co. ($1.91 billion), Unity Software Inc. ($1.82 billion), and Rivian Automotive, Inc. ($1.74 billion). View all of the most shorted stocks.

Short selling ISLE is an investing strategy that aims to generate trading profit from Isleworth Healthcare 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 Isleworth Healthcare 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 ISLE, 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 ISLE, twice per month. The most recent reporting period available is August, 15 2022.