Pono Capital Three (PTHR) Short Interest Ratio & Short Volume

Short interest is the volume of Pono Capital Three shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 5,900 shares of PTHR short. 0.05% of Pono Capital Three's shares are currently sold short. Learn More on Pono Capital Three'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. 0.05% of Pono Capital Three's floating shares are currently sold short.

Pono Capital Three saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 5,900 shares, a drop of 11.9% from the previous total of 6,700 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.

Pono Capital Three currently has issued a total of 17,100,000 shares. Some of Pono Capital Three'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. Pono Capital Three currently has a public float of 11,600,000 shares.

0.05% of Pono Capital Three's shares are currently sold short. Here is how the short interest of companies in the sector of "aerospace" compare to Pono Capital Three: Vertical Aerospace Ltd. (0.75%), Innovative Solutions and Support, Inc. (0.24%), TAT Technologies Ltd. (0.10%), Pegasus Digital Mobility Acquisition Corp. (1.28%), Optex Systems Holdings, Inc (0.03%), Bridger Aerospace Group Holdings, Inc. (0.37%), VirTra, Inc. (1.36%), Park Aerospace Corp. (1.25%), Spire Global, Inc. (10.25%), Redwire Co. (11.67%),

As of the most recent reporting period, the following stocks had the largest short interest positions: General Motors ($4.15 billion), T-Mobile US, Inc. ($3.92 billion), TC Energy Co. ($3.66 billion), Charter Communications, Inc. ($3.35 billion), Coinbase Global, Inc. ($3.32 billion), Occidental Petroleum Co. ($2.91 billion), Tractor Supply ($2.80 billion), Rivian Automotive, Inc. ($2.44 billion), Moderna, Inc. ($2.41 billion), and United Rentals, Inc. ($2.23 billion). View all of the most shorted stocks.

Short selling PTHR is an investing strategy that aims to generate trading profit from Pono Capital Three as its price is falling. PTHR shares are trading up $0.06 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 Pono Capital Three 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 PTHR, 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 PTHR, twice per month. The most recent reporting period available is December, 31 2023.