Nabors Energy Transition Corp. II (NETD) Short Interest Ratio & Short Volume

$10.49
-0.01 (-0.10%)
(As of 04/23/2024 ET)

Nabors Energy Transition Corp. II Short Interest Data

Current Short Volume
6,000 shares
Previous Short Volume
5,200 shares
Change Vs. Previous Month
+15.38%
Dollar Volume Sold Short
$62,400.00
Short Interest Ratio / Days to Cover
0.1
Last Record Date
March 31, 2024
Outstanding Shares
38,120,000 shares
Float Size
30,500,000 shares
Short Percent of Float
0.02%
Today's Trading Volume
102,623 shares
Average Trading Volume
112,676 shares
Today's Volume Vs. Average
91%
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NETD Short Interest Over Time

NETD Days to Cover Over Time

NETD Percentage of Float Shorted Over Time

Nabors Energy Transition Corp. II Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20246,000 shares $62,400.00 +15.4%0.0%0.1 $10.40
3/15/20245,200 shares $54,132.00 -43.5%0.0%0.1 $10.41
2/29/20249,200 shares $96,140.00 -30.3%0.0%0.1 $10.45
2/15/202413,200 shares $138,072.00 -61.3%0.0%0.2 $10.46
1/31/202434,100 shares $356,345.00 No Change0.1%0.5 $10.45

NETD Short Interest - Frequently Asked Questions

What is Nabors Energy Transition Corp. II's current short interest?

Short interest is the volume of Nabors Energy Transition Corp. II shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 6,000 shares of NETD short. 0.02% of Nabors Energy Transition Corp. II's shares are currently sold short. Learn More on Nabors Energy Transition Corp. II's current short interest.

What is a good short interest percentage for Nabors Energy Transition Corp. II?

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. 0.02% of Nabors Energy Transition Corp. II's floating shares are currently sold short.

Is Nabors Energy Transition Corp. II's short interest increasing or decreasing?

Nabors Energy Transition Corp. II saw a increase in short interest in March. As of March 31st, there was short interest totaling 6,000 shares, an increase of 15.4% from the previous total of 5,200 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.

What is Nabors Energy Transition Corp. II's float size?

Nabors Energy Transition Corp. II currently has issued a total of 38,120,000 shares. Some of Nabors Energy Transition Corp. II'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. Nabors Energy Transition Corp. II currently has a public float of 30,500,000 shares.

How does Nabors Energy Transition Corp. II's short interest compare to its competitors?

0.02% of Nabors Energy Transition Corp. II's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Nabors Energy Transition Corp. II: Rigel Resource Acquisition Corp. (0.00%), Inflection Point Acquisition Corp. II (0.02%), Investcorp Europe Acquisition Corp I (0.10%), TortoiseEcofin Acquisition Corp. III (0.03%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.12%), Cartesian Growth Co. II (0.01%), CONX Corp. (0.41%), Enphys Acquisition Corp. (0.00%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short Nabors Energy Transition Corp. II stock?

Short selling NETD is an investing strategy that aims to generate trading profit from Nabors Energy Transition Corp. II as its price is falling. NETD shares are trading down $0.01 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.

How does a short squeeze work against Nabors Energy Transition Corp. II?

A short squeeze for Nabors Energy Transition Corp. II 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 NETD, which in turn drives the price of the stock up even further.

How often is Nabors Energy Transition Corp. II's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NETD, twice per month. The most recent reporting period available is March, 31 2024.



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This page (NASDAQ:NETD) was last updated on 4/24/2024 by MarketBeat.com Staff

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