Model Performance Acquisition (MPAC) Short Interest Ratio & Short Volume

Short interest is the volume of Model Performance Acquisition shares that have been sold short but have not yet been covered or closed out. As of December 15th, traders have sold 2,100 shares of MPAC short. 0.11% of Model Performance Acquisition's shares are currently sold short. Learn More on Model Performance 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. 0.11% of Model Performance Acquisition's floating shares are currently sold short.

Model Performance Acquisition saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 2,100 shares, a drop of 74.4% from the previous total of 8,200 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.

Model Performance Acquisition currently has issued a total of 6,100,000 shares. Some of Model Performance 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. Model Performance Acquisition currently has a public float of 2,000,000 shares.

0.11% of Model Performance 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 Model Performance Acquisition: Hudson Acquisition I Corp. (0.41%), Breeze Holdings Acquisition Corp. (0.40%), Vision Sensing Acquisition Corp. (0.09%), Arogo Capital Acquisition Corp. (1.70%), PepperLime Health Acquisition Co. (0.03%), WinVest Acquisition Corp. (0.02%), ClimateRock (0.11%), Integral Acquisition Co. 1 (0.05%), Plutonian Acquisition Corp. (0.02%), ESGEN Acquisition Co. (1.81%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.47 billion), Suncor Energy Inc. ($2.33 billion), T. Rowe Price Group, Inc. ($2.14 billion), PG&E Co. ($1.61 billion), Etsy, Inc. ($1.56 billion), Paramount Global ($1.53 billion), Old Dominion Freight Line, Inc. ($1.49 billion), Coinbase Global, Inc. ($1.46 billion), DICK'S Sporting Goods, Inc. ($1.30 billion), and C.H. Robinson Worldwide, Inc. ($1.26 billion). View all of the most shorted stocks.

Short selling MPAC is an investing strategy that aims to generate trading profit from Model Performance 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 Model Performance 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 MPAC, 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 MPAC, twice per month. The most recent reporting period available is December, 15 2022.