Apollo Strategic Growth Capital (APSG) Short Interest Ratio & Short Volume

Short interest is the volume of Apollo Strategic Growth Capital shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 436,400 shares of APSG short. 0.53% of Apollo Strategic Growth Capital's shares are currently sold short. Learn More on Apollo Strategic Growth Capital's current short interest.

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. 0.53% of Apollo Strategic Growth Capital's floating shares are currently sold short.

Apollo Strategic Growth Capital saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 436,400 shares, an increase of 13.1% from the previous total of 386,000 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.

Apollo Strategic Growth Capital currently has issued a total of 102,101,000 shares. Some of Apollo Strategic Growth Capital'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. Apollo Strategic Growth Capital currently has a public float of 81,640,000 shares.

0.53% of Apollo Strategic Growth Capital's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Apollo Strategic Growth Capital: Despegar.com, Corp. (10.26%), Rxo Inc (4.91%), Hafnia Limited (1.63%), REV Group, Inc. (4.45%), Trinity Industries, Inc. (2.82%), Hertz Global Holdings, Inc. (19.35%), Hub Group, Inc. (2.22%), Scorpio Tankers Inc. (4.92%), Star Bulk Carriers Corp. (4.41%), ZIM Integrated Shipping Services Ltd. (0.83%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.79 billion), Palo Alto Networks, Inc. ($3.41 billion), Lucid Group, Inc. ($2.55 billion), Uber Technologies, Inc. ($2.21 billion), HP Inc. ($2.14 billion), T. Rowe Price Group, Inc. ($1.81 billion), Coinbase Global, Inc. ($1.60 billion), Take-Two Interactive Software, Inc. ($1.58 billion), Lumen Technologies, Inc. ($1.56 billion), and Rivian Automotive, Inc. ($1.55 billion). View all of the most shorted stocks.

Short selling APSG is an investing strategy that aims to generate trading profit from Apollo Strategic Growth Capital 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 Apollo Strategic Growth Capital 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 APSG, 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 APSG, twice per month. The most recent reporting period available is May, 15 2022.