Athena Technology Acquisition (ATEK) Short Interest Ratio & Short Volume

Short interest is the volume of Athena Technology Acquisition shares that have been sold short but have not yet been covered or closed out. As of January 15th, traders have sold 1,200 shares of ATEK short. 0.05% of Athena Technology Acquisition's shares are currently sold short. Learn More on Athena Technology 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 Athena Technology Acquisition's floating shares are currently sold short.

Athena Technology Acquisition saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,200 shares, an increase of 9.1% from the previous total of 1,100 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.

Athena Technology Acquisition currently has issued a total of 10,150,000 shares. Some of Athena Technology 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. Athena Technology Acquisition currently has a public float of 2,200,000 shares.

0.05% of Athena Technology Acquisition's shares are currently sold short. Here is how the short interest of companies compare to Athena Technology Acquisition: Omnicell, Inc. (5.32%), HealthStream, Inc. (2.79%), Cartesian Growth Co. II (0.02%), Keen Vision Acquisition Co. (0.01%), Spark I Acquisition Co. (0.03%), SK Growth Opportunities Co. (0.45%), Hennessy Capital Investment Corp. VI (0.01%), and Spring Valley Acquisition Corp. II (0.02%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.10 billion), General Motors ($3.90 billion), Charter Communications, Inc. ($3.31 billion), Occidental Petroleum Co. ($2.91 billion), Tractor Supply ($2.75 billion), Moderna, Inc. ($2.44 billion), Coinbase Global, Inc. ($2.10 billion), United Rentals, Inc. ($2.09 billion), Royal Caribbean Cruises Ltd. ($2.03 billion), and Rivian Automotive, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling ATEK is an investing strategy that aims to generate trading profit from Athena Technology 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 Athena Technology Acquisition 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 ATEK, 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 ATEK, twice per month. The most recent reporting period available is January, 15 2024.