Thunder Bridge Acquisition II Short Interest Ratio and Short Volume

Short interest is the volume of Thunder Bridge Acquisition II shares that have been sold short but have not yet been closed out or covered. As of February 12th, traders have sold 514,100 shares of THBR short. 1.49% of Thunder Bridge Acquisition II's shares are currently sold short. View details.

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. 1.49% of Thunder Bridge Acquisition II's floating shares are currently sold short.

Thunder Bridge Acquisition II saw a increase in short interest in February. As of February 12th, there was short interest totaling 514,100 shares, an increase of 191.6% from the previous total of 176,300 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.

Thunder Bridge Acquisition II currently has issued a total of 43,120,000 shares. Some of Thunder Bridge 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. Thunder Bridge Acquisition II currently has a public float of 34,400,000 shares.

1.49% of Thunder Bridge Acquisition II's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Thunder Bridge Acquisition II: Foley Trasimene Acquisition Corp. II (0.75%), Social Capital Hedosophia Holdings Corp. VI (0.00%), Social Capital Hedosophia Holdings Corp. V (18.83%), Fisker Inc. (9.61%), Porch Group Inc. (12.82%), Paya Holdings Inc. (5.32%), Foley Trasimene Acquisition Corp. (0.31%), Star Peak Energy Transition Corp. (0.00%), QuantumScape Co. (7.92%), and Arko Corp. (4.99%).

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

Short selling THBR is an investing strategy that aims to generate trading profit from Thunder Bridge Acquisition II as its price is falling. Thunder Bridge Acquisition II's stock is trading up $0.27 today. To short Thunder Bridge Acquisition II 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 Thunder Bridge Acquisition II 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 Thunder Bridge Acquisition II 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 THBR, 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 THBR, twice per month. The most recent reporting period available is February, 12 2021.