Tech and Energy Transition (TETC) Short Interest Ratio & Short Volume

Short interest is the volume of Tech and Energy Transition shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 7,000 shares of TETC short. 0.03% of Tech and Energy Transition's shares are currently sold short. Learn More on Tech and Energy Transition'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. 0.03% of Tech and Energy Transition's floating shares are currently sold short.

Tech and Energy Transition saw a decline in short interest in March. As of March 15th, there was short interest totaling 7,000 shares, a decline of 79.4% from the previous total of 33,900 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.

Tech and Energy Transition currently has issued a total of 48,120,000 shares. Some of Tech and Energy Transition'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. Tech and Energy Transition currently has a public float of 27,190,000 shares.

0.03% of Tech and Energy Transition's shares are currently sold short. Here is how the short interest of companies compare to Tech and Energy Transition: BigBear.ai Holdings, Inc. (4.95%), Nabors Energy Transition Corp. II (0.02%), Rigel Resource Acquisition Corp. (0.00%), Inflection Point Acquisition Corp. II (0.02%), Ares Acquisition Co. II (0.03%), TortoiseEcofin Acquisition Corp. III (0.32%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.09%), Cartesian Growth Co. II (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling TETC is an investing strategy that aims to generate trading profit from Tech and Energy Transition 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 Tech and Energy Transition 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 TETC, 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 TETC, twice per month. The most recent reporting period available is March, 15 2023.