North Mountain Merger Short Interest Ratio and Short Volume

North Mountain Merger (NASDAQ:NMMC) Short Interest Frequently Asked Questions

What is North Mountain Merger's current short interest?

Short interest is the volume of North Mountain Merger shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 6,800 shares of NMMC short. Learn More on North Mountain Merger's current short interest.

What is a good short interest ratio for North Mountain Merger?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. North Mountain Merger currently has a short interest ratio of 1.0. Learn More on a good short interest ratio for North Mountain Merger

Is North Mountain Merger's short interest increasing or decreasing?

North Mountain Merger saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 6,800 shares, an increase of 13.3% from the previous total of 6,000 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.

How does North Mountain Merger's short interest compare to its competitors?

0.00% of North Mountain Merger's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to North Mountain Merger: Trebia Acquisition Corp. (0.12%), CF Acquisition Corp. IV (0.13%), Churchill Capital Corp V (0.42%), Landcadia Holdings IV, Inc. (0.04%), Mason Industrial Technology, Inc. (0.14%), Fusion Acquisition Corp. II (0.04%), Sports Entertainment Acquisition Corp. (1.81%), E.Merge Technology Acquisition Corp. (0.12%), Social Capital Hedosophia Holdings Corp. IV (0.26%), and Khosla Ventures Acquisition Co. III (0.02%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short North Mountain Merger stock?

Short selling NMMC is an investing strategy that aims to generate trading profit from North Mountain Merger as its price is falling. North Mountain Merger's stock is trading up $0.06 today. To short North Mountain Merger 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 North Mountain Merger 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 North Mountain Merger?

A short squeeze for North Mountain Merger 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 NMMC, which in turn drives the price of the stock up even further.

How often is North Mountain Merger'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 NMMC, twice per month. The most recent reporting period available is November, 15 2021.