Broadscale Acquisition Short Interest Ratio and Short Volume

Broadscale Acquisition (NASDAQ:SCLE) Short Interest Frequently Asked Questions

What is Broadscale Acquisition's current short interest?

Short interest is the volume of Broadscale Acquisition shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 5,200 shares of SCLE short. 0.02% of Broadscale Acquisition's shares are currently sold short. Learn More on Broadscale Acquisition's current short interest.

What is a good short interest percentage for Broadscale Acquisition?

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. 0.02% of Broadscale Acquisition's floating shares are currently sold short.

Is Broadscale Acquisition's short interest increasing or decreasing?

Broadscale Acquisition saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 5,200 shares, a drop of 78.4% from the previous total of 24,100 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.

What is Broadscale Acquisition's float size?

Broadscale Acquisition currently has issued a total of 10,124,000 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.

How does Broadscale Acquisition's short interest compare to its competitors?

0.02% of Broadscale 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 Broadscale Acquisition: UpHealth, Inc. (1.50%), Constellation Acquisition Corp I (0.00%), Sustainable Development Acquisition I Corp. (0.00%), ArcLight Clean Transition Corp. II (0.00%), HumanCo Acquisition Corp. (0.34%), Science Strategic Acquisition Corp. Alpha (0.01%), CHP Merger Corp. (1.13%), Big Sky Growth Partners Inc (0.27%), Esm Acquisition Corp (0.70%), and CF Acquisition Corp. VI (0.33%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Broadscale Acquisition stock?

Short selling SCLE is an investing strategy that aims to generate trading profit from Broadscale Acquisition as its price is falling. Broadscale Acquisition's stock is trading down $0.01 today. To short Broadscale Acquisition 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 Broadscale Acquisition 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.

How does a short squeeze work against Broadscale Acquisition?

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.

How often is Broadscale Acquisition's short interest reported?

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, 15 2021.