Z-Work Acquisition (ZWRK) Short Interest Ratio & Short Volume

Short interest is the volume of Z-Work Acquisition shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 2,730,000 shares of ZWRK short. Learn More on Z-Work Acquisition's current short interest.

Z-Work Acquisition saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 2,730,000 shares, an increase of 1,041.8% from the previous total of 239,100 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.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Z-Work Acquisition: TortoiseEcofin Acquisition Corp. III (0.03%), Pearl Holdings Acquisition Corp (0.00%), Investcorp Europe Acquisition Corp I (0.10%), Focus Impact Acquisition Corp. (0.04%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Inflection Point Acquisition Corp. II (0.02%), Spring Valley Acquisition Corp. II (0.12%), Cartesian Growth Co. II (0.01%), Power & Digital Infrastructure Acquisition II Corp. (2.56%), CONX Corp. (0.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.93 billion), Suncor Energy Inc. ($3.50 billion), T. Rowe Price Group, Inc. ($2.29 billion), PG&E Co. ($1.73 billion), Coinbase Global, Inc. ($1.71 billion), Etsy, Inc. ($1.65 billion), Paramount Global ($1.54 billion), Lucid Group, Inc. ($1.50 billion), Old Dominion Freight Line, Inc. ($1.46 billion), and DICK'S Sporting Goods, Inc. ($1.41 billion). View all of the most shorted stocks.

Short selling ZWRK is an investing strategy that aims to generate trading profit from Z-Work 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 Z-Work 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 ZWRK, 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 ZWRK, twice per month. The most recent reporting period available is November, 30 2022.