Lazard Growth Acquisition Corp. I (LGAC) Short Interest Ratio & Short Volume

Short interest is the volume of Lazard Growth Acquisition Corp. I shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 800 shares of LGAC short. Learn More on Lazard Growth Acquisition Corp. I's current short interest.

Lazard Growth Acquisition Corp. I saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 800 shares, a decline of 99.3% from the previous total of 110,600 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.

Lazard Growth Acquisition Corp. I currently has issued a total of 71,880,000 shares. Some of Lazard Growth Acquisition Corp. I'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. Lazard Growth Acquisition Corp. I currently has a public float of 54,950,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Lazard Growth Acquisition Corp. I: Blue Owl Capital Co. III (0.22%), Inflection Point Acquisition Corp. II (0.56%), Cartesian Growth Co. II (0.01%), SK Growth Opportunities Co. (0.45%), Hennessy Capital Investment Corp. VI (0.03%), Plum Acquisition Corp. III (0.02%), Zalatoris Acquisition Corp. (0.00%), Concord Acquisition Corp II (0.00%), Direct Selling Acquisition Corp. (0.00%), Integrated Rail and Resources Acquisition Corp. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.19 billion), Snowflake Inc. ($2.35 billion), T. Rowe Price Group, Inc. ($2.14 billion), Coinbase Global, Inc. ($2.14 billion), Paramount Global ($1.99 billion), Etsy, Inc. ($1.76 billion), Lucid Group, Inc. ($1.70 billion), Wayfair Inc. ($1.63 billion), Old Dominion Freight Line, Inc. ($1.61 billion), and CarMax, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling LGAC is an investing strategy that aims to generate trading profit from Lazard Growth Acquisition Corp. I 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 Lazard Growth Acquisition Corp. I 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 LGAC, 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 LGAC, twice per month. The most recent reporting period available is January, 31 2023.