Seaport Global Acquisition II (SGII) Short Interest Ratio & Short Volume

Short interest is the volume of Seaport Global Acquisition II shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 100 shares of SGII short. Learn More on Seaport Global Acquisition II's current short interest.

Seaport Global Acquisition II currently has issued a total of 6,980,000 shares. Some of Seaport Global Acquisition II'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. Seaport Global Acquisition II currently has a public float of 5,970,000 shares.

Here is how the short interest of companies compare to Seaport Global Acquisition II: Frontier Investment Corp (0.02%), Edify Acquisition Corp. (0.01%), StoneBridge Acquisition Co. (0.07%), Nocturne Acquisition Co. (0.04%), Global Lights Acquisition Corp (0.11%), Altitude Acquisition Corp. (0.58%), Aquaron Acquisition Corp. (0.01%), TG Venture Acquisition Corp. (0.40%), Corner Growth Acquisition Corp. (0.27%), InFinT Acquisition Co. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling SGII is an investing strategy that aims to generate trading profit from Seaport Global Acquisition II as its price is falling. SGII shares are trading up $0.05 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 Seaport Global Acquisition II 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 SGII, 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 SGII, twice per month. The most recent reporting period available is May, 15 2023.