Sagaliam Acquisition (SAGA) Short Interest Ratio & Short Volume

Short interest is the volume of Sagaliam Acquisition shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 200 shares of SAGA short. 0.01% of Sagaliam Acquisition's shares are currently sold short. Learn More on Sagaliam 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 Sagaliam Acquisition's floating shares are currently sold short.

Sagaliam Acquisition saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 200 shares, a drop of 60.0% from the previous total of 500 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.

Sagaliam Acquisition currently has issued a total of 4,350,000 shares. Some of Sagaliam 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. Sagaliam Acquisition currently has a public float of 1,450,000 shares.

0.01% of Sagaliam Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "financial services" compare to Sagaliam Acquisition: Alset Capital Acquisition Corp. (1.10%), PepperLime Health Acquisition Co. (0.03%), Jaguar Global Growth Co. I (0.73%), Nocturne Acquisition Co. (0.01%), Industrial Tech Acquisitions II, Inc. (0.01%), Fortune Rise Acquisition Co. (0.00%), Blue World Acquisition Co. (0.01%), LIV Capital Acquisition Corp. II (0.00%), ALSP Orchid Acquisition Co. I (0.02%), CSLM Acquisition Corp. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling SAGA is an investing strategy that aims to generate trading profit from Sagaliam Acquisition as its price is falling. SAGA shares are trading down $0.10 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 Sagaliam 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 SAGA, 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 SAGA, twice per month. The most recent reporting period available is November, 15 2023.