TenX Keane Acquisition (TENK) Short Interest Ratio & Short Volume

Short interest is the volume of TenX Keane Acquisition shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 100 shares of TENK short. Learn More on TenX Keane Acquisition's current short interest.

TenX Keane Acquisition saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 100 shares, a drop of 50.0% from the previous total of 200 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.

TenX Keane Acquisition currently has issued a total of 6,650,000 shares. Some of TenX Keane 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. TenX Keane Acquisition currently has a public float of 4,820,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to TenX Keane Acquisition: Swiftmerge Acquisition Corp. (0.02%), OCA Acquisition Corp. (0.10%), Clean Energy Special Situations Corp. (0.06%), Southport Acquisition Co. (0.03%), Technology & Telecommunication Acquisition Co. (0.09%), AlphaTime Acquisition Corp (0.03%), Goldenstone Acquisition Limited (0.02%), Chain Bridge I (0.01%), Coliseum Acquisition Corp. (0.02%), AlphaVest Acquisition Corp (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling TENK is an investing strategy that aims to generate trading profit from TenX Keane 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 TenX Keane 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 TENK, 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 TENK, twice per month. The most recent reporting period available is April, 15 2024.