Union Acquisition Corp. II Short Interest Ratio and Short Volume

Union Acquisition Corp. II (NASDAQ:LATN) Short Interest Frequently Asked Questions

What is Union Acquisition Corp. II's current short interest?

Short interest is the volume of Union Acquisition Corp. II shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 14,100 shares of LATN short. 0.11% of Union Acquisition Corp. II's shares are currently sold short. Learn More on Union Acquisition Corp. II's current short interest.

What is a good short interest percentage for Union Acquisition Corp. II?

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. 0.11% of Union Acquisition Corp. II's floating shares are currently sold short.

Is Union Acquisition Corp. II's short interest increasing or decreasing?

Union Acquisition Corp. II saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 14,100 shares, a decrease of 45.6% from the previous total of 25,900 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.

What is Union Acquisition Corp. II's float size?

Union Acquisition Corp. II currently has issued a total of 18,553,000 shares. Some of Union 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. Union Acquisition Corp. II currently has a public float of 12,860,000 shares.

How does Union Acquisition Corp. II's short interest compare to its competitors?

0.11% of Union 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 Union Acquisition Corp. II: RedBall Acquisition Corp. (0.75%), MSD Acquisition Corp. (0.04%), Lazard Growth Acquisition Corp. I (0.05%), Altimeter Growth Corp. (34.61%), Churchill Capital Corp VI (0.00%), Gores Holdings VII, Inc. (0.14%), Warburg Pincus Capital Co. I-B (0.00%), Trebia Acquisition Corp. (0.13%), CF Acquisition Corp. IV (0.19%), and Churchill Capital Corp V (0.35%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.12 billion), S&P Global Inc. ($7.79 billion), Advanced Micro Devices, Inc. ($6.62 billion), Charter Communications, Inc. ($6.07 billion), Wayfair Inc. ($4.53 billion), Zoom Video Communications, Inc. ($3.45 billion), Uber Technologies, Inc. ($3.08 billion), Canadian Pacific Railway Limited ($2.97 billion), Palo Alto Networks, Inc. ($2.74 billion), and MongoDB, Inc. ($2.61 billion). View all of the most shorted stocks.

What does it mean to sell short Union Acquisition Corp. II stock?

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

How does a short squeeze work against Union Acquisition Corp. II?

A short squeeze for Union 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 LATN, which in turn drives the price of the stock up even further.

How often is Union Acquisition Corp. II's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including LATN, twice per month. The most recent reporting period available is September, 15 2021.