FTAC Zeus Acquisition (ZINGU) Short Interest Ratio & Short Volume

Short interest is the volume of FTAC Zeus Acquisition shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 400 shares of ZINGU short. Learn More on FTAC Zeus Acquisition's current short interest.

FTAC Zeus Acquisition currently has issued a total of 0 shares. Some of FTAC Zeus 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. FTAC Zeus Acquisition currently has a public float of 40,680,000 shares.

Here is how the short interest of companies in the industry of "shell companies" compare to FTAC Zeus Acquisition: AIB Acquisition Co. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Palo Alto Networks, Inc. ($4.77 billion), Charter Communications, Inc. ($4.21 billion), HP Inc. ($2.60 billion), Lucid Group, Inc. ($2.33 billion), GameStop Corp. ($2.13 billion), Rivian Automotive, Inc. ($2.10 billion), Wayfair Inc. ($1.96 billion), Carnival Co. & plc ($1.81 billion), Teladoc Health, Inc. ($1.66 billion), and Plug Power Inc. ($1.63 billion). View all of the most shorted stocks.

Short selling ZINGU is an investing strategy that aims to generate trading profit from FTAC Zeus 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 FTAC Zeus 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 ZINGU, 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 ZINGU, twice per month. The most recent reporting period available is April, 15 2022.