TradeUP Global Short Interest Ratio and Short Volume

TradeUP Global (NASDAQ:TUGC) Short Interest Frequently Asked Questions

What is TradeUP Global's current short interest?

Short interest is the volume of TradeUP Global shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 48,900 shares of TUGC short. Learn More on TradeUP Global's current short interest.

What is a good short interest ratio for TradeUP Global?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. TradeUP Global currently has a short interest ratio of 7.0. Learn More on a good short interest ratio for TradeUP Global

Is TradeUP Global's short interest increasing or decreasing?

TradeUP Global saw a increase in short interest in September. As of September 30th, there was short interest totaling 48,900 shares, an increase of 24,350.0% 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.

How does TradeUP Global's short interest compare to its competitors?

0.00% of TradeUP Global's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to TradeUP Global: Cascade Acquisition Corp. (0.01%), Lerer Hippeau Acquisition Corp. (0.12%), Thayer Ventures Acquisition Co. (0.00%), Astrea Acquisition Corp. (0.65%), L&F Acquisition Corp. (0.02%), Ventoux CCM Acquisition Corp. (0.04%), G&P Acquisition Corp. (0.00%), Growth Capital Acquisition Corp. (0.00%), PMV Consumer Acquisition Corp. (0.09%), and Duddell Street Acquisition Corp. (0.20%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Railway Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Video Communications, Inc. ($2.87 billion), Match Group, Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

What does it mean to sell short TradeUP Global stock?

Short selling TUGC is an investing strategy that aims to generate trading profit from TradeUP Global as its price is falling. To short TradeUP Global 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 TradeUP Global 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.

How does a short squeeze work against TradeUP Global?

A short squeeze for TradeUP Global 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 TUGC, which in turn drives the price of the stock up even further.

How often is TradeUP Global's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TUGC, twice per month. The most recent reporting period available is September, 30 2021.