Newcourt Acquisition (NCACU) Short Interest Ratio & Short Volume

Short interest is the volume of Newcourt Acquisition shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 100 shares of NCACU short. Learn More on Newcourt Acquisition's current short interest.

Newcourt Acquisition saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, a decline of 85.7% from the previous total of 700 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.

Here is how the short interest of companies in the industry of "shell companies" compare to Newcourt Acquisition: AIB Acquisition Co. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: KLA Co. ($2.87 billion), Lucid Group, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.08 billion), Coinbase Global, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.85 billion), Chesapeake Energy Co. ($1.81 billion), Rivian Automotive, Inc. ($1.64 billion), Lumen Technologies, Inc. ($1.61 billion), Plug Power Inc. ($1.50 billion), and Generac Holdings Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling NCACU is an investing strategy that aims to generate trading profit from Newcourt Acquisition as its price is falling. NCACU shares are trading down $1.89 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 appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of NCACU, 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 NCACU, twice per month. The most recent reporting period available is July, 31 2022.