Mount Rainier Acquisition (RNER) Short Interest Ratio & Short Volume

Short interest is the volume of Mount Rainier Acquisition shares that have been sold short but have not yet been closed out or covered. As of February 15th, investors have sold 14,200 shares of RNER short. 0.19% of Mount Rainier Acquisition's shares are currently sold short. Learn More on Mount Rainier 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. 0.19% of Mount Rainier Acquisition's floating shares are currently sold short.

Mount Rainier Acquisition saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 14,200 shares, an increase of 37.9% from the previous total of 10,300 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.

Mount Rainier Acquisition currently has issued a total of 22,160,000 shares. Some of Mount Rainier 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. Mount Rainier Acquisition currently has a public float of 7,450,000 shares.

0.19% of Mount Rainier 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 Mount Rainier Acquisition: Target Global Acquisition I Corp. (0.06%), Capitalworks Emerging Markets Acquisition Corp (0.04%), Perception Capital Corp. III (0.05%), Compass Digital Acquisition Corp. (0.01%), 99 Acquisition Group Inc. (0.03%), APx Acquisition Corp. I (0.00%), Corner Growth Acquisition Corp. (0.60%), byNordic Acquisition Co. (0.03%), Thunder Bridge Capital Partners IV Inc. (0.11%), CSLM Acquisition Corp. (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.09 billion), Occidental Petroleum Co. ($3.00 billion), T. Rowe Price Group, Inc. ($2.35 billion), Coinbase Global, Inc. ($2.30 billion), Paramount Global ($2.04 billion), Etsy, Inc. ($1.90 billion), Voya Financial, Inc. ($1.77 billion), CarMax, Inc. ($1.67 billion), Royal Caribbean Cruises Ltd. ($1.58 billion), and Monolithic Power Systems, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling RNER is an investing strategy that aims to generate trading profit from Mount Rainier 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 Mount Rainier 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 RNER, 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 RNER, twice per month. The most recent reporting period available is February, 15 2023.