Sanaby Health Acquisition Corp. I (SANB) Short Interest Ratio & Short Volume

Short interest is the volume of Sanaby Health Acquisition Corp. I shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 6,900 shares of SANB short. 0.04% of Sanaby Health Acquisition Corp. I's shares are currently sold short. Learn More on Sanaby Health Acquisition Corp. I'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. 0.04% of Sanaby Health Acquisition Corp. I's floating shares are currently sold short.

Sanaby Health Acquisition Corp. I saw a increase in short interest in September. As of September 30th, there was short interest totaling 6,900 shares, an increase of 187.5% from the previous total of 2,400 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.

Sanaby Health Acquisition Corp. I currently has issued a total of 5,175,000 shares. Some of Sanaby Health Acquisition Corp. I'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. Sanaby Health Acquisition Corp. I currently has a public float of 16,950,000 shares.

0.04% of Sanaby Health Acquisition Corp. I's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Sanaby Health Acquisition Corp. I: SK Growth Opportunities Co. (0.45%), Hennessy Capital Investment Corp. VI (0.03%), Plum Acquisition Corp. III (0.02%), Zalatoris Acquisition Corp. (0.00%), Concord Acquisition Corp II (0.00%), Direct Selling Acquisition Corp. (0.00%), Integrated Rail and Resources Acquisition Corp. (0.00%), Global Lights Acquisition Corp (0.29%), Evergreen Co. (0.02%), byNordic Acquisition Co. (0.13%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.27 billion), Charter Communications, Inc. ($2.66 billion), TC Energy Corporation ($2.53 billion), Chesapeake Energy Co. ($1.86 billion), Coinbase Global, Inc. ($1.83 billion), Lucid Group, Inc. ($1.78 billion), T. Rowe Price Group, Inc. ($1.77 billion), Rivian Automotive, Inc. ($1.69 billion), Zoom Communications, Inc. ($1.35 billion), and Williams-Sonoma, Inc. ($1.35 billion). View all of the most shorted stocks.

Short selling SANB is an investing strategy that aims to generate trading profit from Sanaby Health Acquisition Corp. I 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 Sanaby Health Acquisition Corp. I 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 SANB, 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 SANB, twice per month. The most recent reporting period available is September, 30 2022.