Newbury Street Acquisition (NBST) Short Interest Ratio & Short Volume

Short interest is the volume of Newbury Street Acquisition shares that have been sold short but have not yet been covered or closed out. As of August 31st, investors have sold 2,800 shares of NBST short. 0.20% of Newbury Street Acquisition's shares are currently sold short. Learn More on Newbury Street 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. 0.20% of Newbury Street Acquisition's floating shares are currently sold short.

Newbury Street Acquisition saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,800 shares, a drop of 9.7% from the previous total of 3,100 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.

Newbury Street Acquisition currently has issued a total of 4,949,000 shares. Some of Newbury Street 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. Newbury Street Acquisition currently has a public float of 1,380,000 shares.

0.20% of Newbury Street Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "trading" compare to Newbury Street Acquisition: Keen Vision Acquisition Co. (0.01%), Industrial Logistics Properties Trust (2.96%), Ellington Credit (1.38%), Alpine Income Property Trust, Inc. (0.93%), City Office REIT, Inc. (1.04%), Siebert Financial Corp. (0.39%), Silvercrest Asset Management Group Inc. (1.04%), Forge Global Holdings, Inc. (5.50%), Spark I Acquisition Co. (0.08%), SK Growth Opportunities Co. (0.45%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

Short selling NBST is an investing strategy that aims to generate trading profit from Newbury Street 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 Newbury Street 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 NBST, 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 NBST, twice per month. The most recent reporting period available is August, 31 2024.