Concord Acquisition Corp III (CNDB) Short Interest Ratio & Short Volume

Short interest is the volume of Concord Acquisition Corp III shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 3,500 shares of CNDB short. 0.11% of Concord Acquisition Corp III's shares are currently sold short. Learn More on Concord Acquisition Corp III'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. 0.11% of Concord Acquisition Corp III's floating shares are currently sold short.

Concord Acquisition Corp III saw a decrease in short interest in March. As of March 15th, there was short interest totaling 3,500 shares, a decrease of 50.7% from the previous total of 7,100 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.

Concord Acquisition Corp III currently has issued a total of 12,570,000 shares. Some of Concord Acquisition Corp III'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. Concord Acquisition Corp III currently has a public float of 3,100,000 shares.

0.11% of Concord Acquisition Corp III's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Concord Acquisition Corp III: GSI Technology, Inc. (4.27%), LightPath Technologies, Inc. (0.25%), POET Technologies Inc. (0.76%), Mobix Labs, Inc. (0.27%), Sequans Communications S.A. (1.95%), AXT, Inc. (4.75%), EMCORE Co. (0.53%), Kopin Co. (3.10%), Atomera Incorporated (18.25%), QuickLogic Co. (8.76%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Cummins Inc. ($8.93 billion), Canadian Natural Resources Limited ($7.79 billion), Super Micro Computer, Inc. ($4.31 billion), T-Mobile US, Inc. ($4.00 billion), General Motors ($3.36 billion), Occidental Petroleum Co. ($3.10 billion), Charter Communications, Inc. ($2.92 billion), Coinbase Global, Inc. ($2.74 billion), Tractor Supply ($2.72 billion), and Moderna, Inc. ($2.31 billion). View all of the most shorted stocks.

Short selling CNDB is an investing strategy that aims to generate trading profit from Concord Acquisition Corp III as its price is falling. CNDB shares are trading down $3.46 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 Concord Acquisition Corp III 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 CNDB, 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 CNDB, twice per month. The most recent reporting period available is March, 15 2024.