Lux Health Tech Acquisition (LUXA) Short Interest Ratio & Short Volume

Short interest is the volume of Lux Health Tech Acquisition shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 58,000 shares of LUXA short. Learn More on Lux Health Tech Acquisition's current short interest.

Lux Health Tech Acquisition saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 58,000 shares, an increase of 24.2% from the previous total of 46,700 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.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Lux Health Tech Acquisition: Nabors Energy Transition Corp. II (0.02%), Rigel Resource Acquisition Corp. (0.00%), Inflection Point Acquisition Corp. II (0.02%), TortoiseEcofin Acquisition Corp. III (0.03%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.12%), Cartesian Growth Co. II (0.01%), Investcorp Europe Acquisition Corp I (0.10%), CONX Corp. (0.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.48 billion), Charter Communications, Inc. ($2.85 billion), Twitter, Inc. ($1.89 billion), T. Rowe Price Group, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.77 billion), PG&E Co. ($1.75 billion), Lucid Group, Inc. ($1.58 billion), Rivian Automotive, Inc. ($1.42 billion), Roblox Co. ($1.39 billion), and Williams-Sonoma, Inc. ($1.33 billion). View all of the most shorted stocks.

Short selling LUXA is an investing strategy that aims to generate trading profit from Lux Health Tech 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 Lux Health Tech 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 LUXA, 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 LUXA, twice per month. The most recent reporting period available is October, 15 2022.