SportsMap Tech Acquisition (SMAP) Short Interest Ratio & Short Volume

Short interest is the volume of SportsMap Tech Acquisition shares that have been sold short but have not yet been covered or closed out. As of May 31st, traders have sold 1,900 shares of SMAP short. 0.02% of SportsMap Tech Acquisition's shares are currently sold short. Learn More on SportsMap Tech 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. 0.02% of SportsMap Tech Acquisition's floating shares are currently sold short.

SportsMap Tech Acquisition currently has issued a total of 5,185,000 shares. Some of SportsMap Tech 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. SportsMap Tech Acquisition currently has a public float of 12,340,000 shares.

0.02% of SportsMap Tech Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to SportsMap Tech Acquisition: ZKH Group Limited Unsponsored ADR (0.01%), Perion Network Ltd (1.46%), POET Technologies Inc. (4.75%), Kimball Electronics, Inc. (1.22%), Eastman Kodak Company (13.04%), Bandwidth Inc. (3.85%), Anterix Inc. (8.37%), Innovid Corp. (3.36%), Mitek Systems, Inc. (5.35%), Consensus Cloud Solutions, Inc. (3.48%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.00 billion), Suncor Energy Inc. ($2.98 billion), Charter Communications, Inc. ($2.88 billion), Occidental Petroleum Corporation ($2.79 billion), Moderna, Inc. ($2.39 billion), Snowflake Inc. ($2.38 billion), Coinbase Global, Inc. ($2.22 billion), Palantir Technologies Inc. ($2.18 billion), T. Rowe Price Group, Inc. ($2.03 billion), and Verisk Analytics, Inc. ($2.02 billion). View all of the most shorted stocks.

Short selling SMAP is an investing strategy that aims to generate trading profit from SportsMap Tech Acquisition as its price is falling. SMAP shares are trading down $0.24 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 SportsMap Tech Acquisition 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 SMAP, 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 SMAP, twice per month. The most recent reporting period available is May, 31 2023.