Broadscale Acquisition (SCLE) Short Interest Ratio & Short Volume

Short interest is the volume of Broadscale Acquisition shares that have been sold short but have not yet been closed out or covered. As of November 30th, traders have sold 25,400 shares of SCLE short. 0.07% of Broadscale Acquisition's shares are currently sold short. Learn More on Broadscale 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. 0.07% of Broadscale Acquisition's floating shares are currently sold short.

Broadscale Acquisition saw a decline in short interest in the month of November. As of November 30th, there was short interest totaling 25,400 shares, a decline of 97.7% from the previous total of 1,120,000 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.

Broadscale Acquisition currently has issued a total of 43,120,000 shares. Some of Broadscale 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. Broadscale Acquisition currently has a public float of 34,490,000 shares.

0.07% of Broadscale Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Broadscale Acquisition: Altus Power, Inc. (6.75%), Ocean Power Technologies, Inc. (7.68%), Heliogen, Inc. (1.78%), Formula Systems (1985) Ltd. (0.00%), Lightspeed Commerce Inc. (5.17%), iQIYI, Inc. Sponsored ADR (12.35%), Donnelley Financial Solutions (5.95%), Viasat Inc. (19.02%), Planet Labs PBC (6.18%), Sapiens International Corporation N.V. (2.64%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.93 billion), Suncor Energy Inc. ($3.50 billion), T. Rowe Price Group, Inc. ($2.29 billion), Pacific Gas & Electric Co. ($1.73 billion), Coinbase Global, Inc. ($1.71 billion), Etsy, Inc. ($1.65 billion), Paramount Global ($1.54 billion), Lucid Group, Inc. ($1.50 billion), Old Dominion Freight Line, Inc. ($1.46 billion), and DICK'S Sporting Goods, Inc. ($1.41 billion). View all of the most shorted stocks.

Short selling SCLE is an investing strategy that aims to generate trading profit from Broadscale 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 Broadscale 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 SCLE, 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 SCLE, twice per month. The most recent reporting period available is November, 30 2022.