SCP & CO Healthcare Acquisition (SHAC) Short Interest Ratio & Short Volume

Short interest is the volume of SCP & CO Healthcare Acquisition shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 2,600 shares of SHAC short. Learn More on SCP & CO Healthcare Acquisition's current short interest.

SCP & CO Healthcare Acquisition saw a drop in short interest during the month of November. As of November 30th, there was short interest totaling 2,600 shares, a drop of 97.2% from the previous total of 91,300 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.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to SCP & CO Healthcare Acquisition: TortoiseEcofin Acquisition Corp. III (0.03%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Inflection Point Acquisition Corp. II (0.02%), Spring Valley Acquisition Corp. II (0.12%), Cartesian Growth Co. II (0.01%), Power & Digital Infrastructure Acquisition II Corp. (2.56%), CONX Corp. (0.41%), Rigel Resource Acquisition Corp. (0.00%), Concord Acquisition Corp II (0.26%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.93 billion), Suncor Energy Inc. ($3.50 billion), T. Rowe Price Group, Inc. ($2.29 billion), PG&E 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 SHAC is an investing strategy that aims to generate trading profit from SCP & CO Healthcare Acquisition as its price is falling. SHAC shares are trading up $0.02 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 SCP & CO Healthcare 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 SHAC, 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 SHAC, twice per month. The most recent reporting period available is November, 30 2022.