Atlantic Avenue Acquisition (ASAQ) Short Interest Ratio & Short Volume

Short interest is the volume of Atlantic Avenue Acquisition shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 12,300 shares of ASAQ short. 0.05% of Atlantic Avenue Acquisition's shares are currently sold short. Learn More on Atlantic Avenue Acquisition'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. 0.05% of Atlantic Avenue Acquisition's floating shares are currently sold short.

Atlantic Avenue Acquisition saw a increase in short interest in September. As of September 15th, there was short interest totaling 12,300 shares, an increase of 583.3% from the previous total of 1,800 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.

Atlantic Avenue Acquisition currently has issued a total of 25,000,000 shares. Some of Atlantic Avenue 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. Atlantic Avenue Acquisition currently has a public float of 24,990,000 shares.

0.05% of Atlantic Avenue Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "unclassified" compare to Atlantic Avenue Acquisition: Spring Valley Acquisition Corp. II (0.12%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Cartesian Growth Co. II (0.01%), Pearl Holdings Acquisition Corp (0.00%), TortoiseEcofin Acquisition Corp. III (0.03%), CONX Corp. (0.41%), HCM Acquisition Corp (0.06%), Enphys Acquisition Corp. (0.00%), Keen Vision Acquisition Co. (0.03%), Gores Holdings IX, Inc. (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.11 billion), Canadian Natural Resources Limited ($3.64 billion), Charter Communications, Inc. ($3.15 billion), Lucid Group, Inc. ($2.09 billion), Chesapeake Energy Co. ($2.02 billion), Coinbase Global, Inc. ($2.01 billion), T. Rowe Price Group, Inc. ($1.92 billion), Plug Power Inc. ($1.77 billion), Rivian Automotive, Inc. ($1.71 billion), and Williams-Sonoma, Inc. ($1.59 billion). View all of the most shorted stocks.

Short selling ASAQ is an investing strategy that aims to generate trading profit from Atlantic Avenue 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 Atlantic Avenue 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 ASAQ, 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 ASAQ, twice per month. The most recent reporting period available is September, 15 2022.