Newcourt Acquisition (NCAC) Short Interest Ratio & Short Volume

Short interest is the volume of Newcourt Acquisition shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 900 shares of NCAC short. Learn More on Newcourt Acquisition's current short interest.

Newcourt Acquisition saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 900 shares, an increase of 800.0% from the previous total of 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.

Newcourt Acquisition currently has issued a total of 8,790,000 shares. Some of Newcourt 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. Newcourt Acquisition currently has a public float of 25,220,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Newcourt Acquisition: Yotta Acquisition Co. (0.02%), ESGEN Acquisition Co. (1.81%), Kairous Acquisition Corp. Limited (0.12%), Digital Health Acquisition Corp. (1.03%), Moringa Acquisition Corp (0.13%), Cetus Capital Acquisition Corp. (0.01%), Integral Acquisition Co. 1 (0.05%), WinVest Acquisition Corp. (0.02%), Qomolangma Acquisition Corp. (0.01%), Arogo Capital Acquisition Corp. (1.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.66 billion), TC Energy Co. ($4.13 billion), Occidental Petroleum Co. ($3.04 billion), Moderna, Inc. ($2.63 billion), Coinbase Global, Inc. ($2.51 billion), T. Rowe Price Group, Inc. ($2.29 billion), Paramount Global ($2.26 billion), Verisk Analytics, Inc. ($2.19 billion), Etsy, Inc. ($1.84 billion), and Voya Financial, Inc. ($1.67 billion). View all of the most shorted stocks.

Short selling NCAC is an investing strategy that aims to generate trading profit from Newcourt Acquisition as its price is falling. NCAC shares are trading down $0.90 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 Newcourt 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 NCAC, 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 NCAC, twice per month. The most recent reporting period available is March, 31 2023.