Worldwide Webb Acquisition (WWAC) Short Interest Ratio & Short Volume

Short interest is the volume of Worldwide Webb Acquisition shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 500 shares of WWAC short. Learn More on Worldwide Webb Acquisition's current short interest.

Worldwide Webb Acquisition saw a decrease in short interest in May. As of May 15th, there was short interest totaling 500 shares, a decrease of 64.3% from the previous total of 1,400 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.

Worldwide Webb Acquisition currently has issued a total of 10,468,000 shares. Some of Worldwide Webb 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. Worldwide Webb Acquisition currently has a public float of 23,000,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Worldwide Webb Acquisition: Keyarch Acquisition Co. (0.04%), PHP Ventures Acquisition Corp. (0.85%), Quantum FinTech Acquisition Co. (0.13%), Aurora Technology Acquisition Corp. (0.91%), Banyan Acquisition Co. (0.23%), Lakeshore Acquisition II Corp. (0.32%), Western Acquisition Ventures Corp. (0.92%), Broad Capital Acquisition Corp. (0.01%), Mountain Crest Acquisition Corp. V (0.03%), Phoenix Biotech Acquisition Corp. (0.08%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling WWAC is an investing strategy that aims to generate trading profit from Worldwide Webb Acquisition as its price is falling. WWAC shares are trading up $0.16 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 Worldwide Webb 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 WWAC, 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 WWAC, twice per month. The most recent reporting period available is May, 15 2023.