Mountain Crest Acquisition Corp. III (MCAE) Short Interest Ratio & Short Volume

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

Mountain Crest Acquisition Corp. III saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,300 shares, a decline of 7.1% from the previous total of 1,400 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.

Mountain Crest Acquisition Corp. III currently has issued a total of 7,051,000 shares. Some of Mountain Crest Acquisition Corp. III'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 Corp. III currently has a public float of 5,690,000 shares.

0.02% of Mountain Crest Acquisition Corp. III's shares are currently sold short. Here is how the short interest of companies in the industry of "trading" compare to Mountain Crest Acquisition Corp. III: ACRES Commercial Realty Corp. (0.90%), Orion Office REIT Inc. (2.98%), Granite Point Mortgage Trust Inc. (3.63%), Lument Finance Trust, Inc. (0.26%), Spring Valley Acquisition Corp. II (0.01%), Plum Acquisition Corp. III (0.02%), Zalatoris Acquisition Corp. (0.00%), Metalpha Technology Holding Limited (0.46%), ETRACS Gold Shares Covered Call ETN (1.21%), Concord Acquisition Corp II (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($4.91 billion), Charter Communications, Inc. ($3.53 billion), Suncor Energy Inc. ($2.26 billion), T. Rowe Price Group, Inc. ($2.01 billion), Chesapeake Energy Co. ($1.92 billion), Lucid Group, Inc. ($1.84 billion), Plug Power, Inc. ($1.81 billion), Williams-Sonoma, Inc. ($1.66 billion), Coinbase Global, Inc. ($1.64 billion), and Lumen Technologies, Inc. ($1.50 billion). View all of the most shorted stocks.

Short selling MCAE is an investing strategy that aims to generate trading profit from Mountain Crest Acquisition Corp. III as its price is falling. MCAE shares are trading down $0.00 today. 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 Corp. III 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 MCAE, 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 MCAE, twice per month. The most recent reporting period available is August, 31 2022.