Murphy Canyon Acquisition (MURF) Short Interest Ratio & Short Volume

Short interest is the volume of Murphy Canyon Acquisition shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 100 shares of MURF short. Learn More on Murphy Canyon Acquisition's current short interest.

Murphy Canyon Acquisition saw a decline in short interest in August. As of August 31st, there was short interest totaling 100 shares, a decline of 66.7% from the previous total of 300 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.

Murphy Canyon Acquisition currently has issued a total of 6,250,000 shares. Some of Murphy Canyon 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. Murphy Canyon Acquisition currently has a public float of 13,230,000 shares.

Here is how the short interest of companies in the industry of "shell companies" compare to Murphy Canyon Acquisition: Black Hawk Acquisition Co. (0.01%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($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 MURF is an investing strategy that aims to generate trading profit from Murphy Canyon 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 Murphy Canyon 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 MURF, 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 MURF, twice per month. The most recent reporting period available is August, 31 2022.