Northern Revival Acquisition (NRAC) Short Interest Ratio & Short Volume

Short interest is the volume of Northern Revival Acquisition shares that have been sold short but have not yet been closed out or covered. As of January 15th, traders have sold 100 shares of NRAC short. 0.01% of Northern Revival Acquisition's shares are currently sold short. Learn More on Northern Revival 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. 0.01% of Northern Revival Acquisition's floating shares are currently sold short.

Northern Revival Acquisition currently has issued a total of 7,950,000 shares. Some of Northern Revival 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. Northern Revival Acquisition currently has a public float of 1,910,000 shares.

0.01% of Northern Revival Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Northern Revival Acquisition: Inflection Point Acquisition Corp. II (0.56%), Cartesian Growth Co. II (0.02%), Keen Vision Acquisition Co. (0.01%), Spark I Acquisition Co. (0.03%), SK Growth Opportunities Co. (0.45%), Hennessy Capital Investment Corp. VI (0.01%), Spring Valley Acquisition Corp. II (0.02%), and Plum Acquisition Corp. III (0.02%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.10 billion), General Motors ($3.90 billion), Charter Communications, Inc. ($3.31 billion), Occidental Petroleum Co. ($2.91 billion), Tractor Supply ($2.75 billion), Moderna, Inc. ($2.44 billion), Coinbase Global, Inc. ($2.10 billion), United Rentals, Inc. ($2.09 billion), Royal Caribbean Cruises Ltd. ($2.03 billion), and Rivian Automotive, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling NRAC is an investing strategy that aims to generate trading profit from Northern Revival 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 Northern Revival 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 NRAC, 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 NRAC, twice per month. The most recent reporting period available is January, 15 2024.