Mountain Crest Acquisition (MCAC) Short Interest Ratio & Short Volume

Short interest is the volume of Mountain Crest Acquisition shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 1,300 shares of MCAC short. 0.02% of Mountain Crest Acquisition's shares are currently sold short. Learn More on Mountain Crest Acquisition's current short interest.

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. 0.02% of Mountain Crest Acquisition's floating shares are currently sold short.

Mountain Crest Acquisition currently has issued a total of 9,680,000 shares. Some of Mountain Crest 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. Mountain Crest Acquisition currently has a public float of 7,320,000 shares.

0.02% of Mountain Crest Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Mountain Crest Acquisition: 99 Acquisition Group Inc. (0.03%), Capitalworks Emerging Markets Acquisition Corp (0.04%), Target Global Acquisition I Corp. (0.06%), CSLM Acquisition Corp. (0.03%), Thunder Bridge Capital Partners IV Inc. (0.11%), Perception Capital Corp. III (0.05%), Compass Digital Acquisition Corp. (0.01%), APx Acquisition Corp. I (0.00%), HCM Acquisition Corp (0.06%), Corner Growth Acquisition Corp. (0.60%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling MCAC is an investing strategy that aims to generate trading profit from Mountain Crest 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 Mountain Crest 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 MCAC, 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 MCAC, twice per month. The most recent reporting period available is March, 31 2024.