Climate Change Crisis Real Impact I Acquisition (CLII) Short Interest Ratio & Short Volume

Short interest is the volume of Climate Change Crisis Real Impact I Acquisition shares that have been sold short but have not yet been closed out or covered. As of June 15th, investors have sold 2,620,000 shares of CLII short. Learn More on Climate Change Crisis Real Impact I Acquisition's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CLII shares currently have a short interest ratio of 4.0. Learn More on Climate Change Crisis Real Impact I Acquisition's short interest ratio.

Climate Change Crisis Real Impact I Acquisition saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,620,000 shares, a decline of 14.4% from the previous total of 3,060,000 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.

Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Climate Change Crisis Real Impact I Acquisition: REE Automotive Ltd. (1.38%), Cazoo Group Ltd (3.39%), Envirotech Vehicles, Inc. (1.66%), GreenPower Motor Company Inc. (0.86%), Cenntro Inc. (5.16%), Cepton, Inc. (0.82%), Fisker Inc. (28.70%), Vicinity Motor Corp. (0.01%), Workhorse Group Inc. (19.08%), Cheetah Net Supply Chain Service Inc. (2.10%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AstraZeneca PLC ($7.95 billion), Tesla, Inc. ($7.86 billion), Block, Inc. ($7.16 billion), Aon plc ($7.04 billion), Advanced Micro Devices, Inc. ($6.99 billion), Analog Devices, Inc. ($6.83 billion), S&P Global Inc. ($6.30 billion), Charter Communications, Inc. ($5.98 billion), AMC Entertainment Holdings, Inc. ($5.02 billion), and Wayfair Inc. ($4.68 billion). View all of the most shorted stocks.

Short selling CLII is an investing strategy that aims to generate trading profit from Climate Change Crisis Real Impact I Acquisition as its price is falling. CLII shares are trading down $0.03 today. 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 Climate Change Crisis Real Impact I 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 CLII, 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 CLII, twice per month. The most recent reporting period available is June, 15 2021.