Recharge Acquisition (RCHG) Short Interest Ratio & Short Volume

Short interest is the volume of Recharge Acquisition shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 123,700 shares of RCHG short. 0.62% of Recharge Acquisition's shares are currently sold short. Learn More on Recharge Acquisition's current short interest.

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. RCHG shares currently have a short interest ratio of 2.0. Learn More on Recharge Acquisition's short interest ratio.

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. 0.62% of Recharge Acquisition's floating shares are currently sold short.

Recharge Acquisition saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 123,700 shares, a decline of 19.8% from the previous total of 154,300 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.

Recharge Acquisition currently has issued a total of 25,050,000 shares. Some of Recharge 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. Recharge Acquisition currently has a public float of 19,910,000 shares.

0.62% of Recharge Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "unclassified" compare to Recharge Acquisition: byNordic Acquisition Co. (0.07%), Executive Network Partnering Co. (0.54%), Frontier Investment Corp (0.01%), CF Acquisition Corp. IV (0.14%), Consilium Acquisition Corp I, Ltd. (0.01%), SDCL EDGE Acquisition Co. (0.00%), VMG Consumer Acquisition Corp. (0.01%), Live Oak Crestview Climate Acquisition Corp. (0.01%), DA32 Life Science Tech Acquisition Corp. (0.01%), Pearl Holdings Acquisition Corp (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.11 billion), Canadian Natural Resources Limited ($3.64 billion), Charter Communications, Inc. ($3.15 billion), Lucid Group, Inc. ($2.09 billion), Chesapeake Energy Co. ($2.02 billion), Coinbase Global, Inc. ($2.01 billion), T. Rowe Price Group, Inc. ($1.92 billion), Plug Power Inc. ($1.77 billion), Rivian Automotive, Inc. ($1.71 billion), and Williams-Sonoma, Inc. ($1.59 billion). View all of the most shorted stocks.

Short selling RCHG is an investing strategy that aims to generate trading profit from Recharge 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 Recharge 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 RCHG, 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 RCHG, twice per month. The most recent reporting period available is September, 15 2022.