Capstar Special Purpose Acquisition (CPSR) Short Interest Ratio & Short Volume

Short interest is the volume of Capstar Special Purpose Acquisition shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 267,800 shares of CPSR short. 0.99% of Capstar Special Purpose Acquisition's shares are currently sold short. Learn More on Capstar Special Purpose 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. CPSR shares currently have a short interest ratio of 1.0. Learn More on Capstar Special Purpose Acquisition's short interest ratio.

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. 0.99% of Capstar Special Purpose Acquisition's floating shares are currently sold short.

Capstar Special Purpose Acquisition saw a increase in short interest in December. As of December 31st, there was short interest totaling 267,800 shares, an increase of 71.7% from the previous total of 156,000 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.

Capstar Special Purpose Acquisition currently has issued a total of 34,500,000 shares. Some of Capstar Special Purpose 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. Capstar Special Purpose Acquisition currently has a public float of 27,170,000 shares.

0.99% of Capstar Special Purpose Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Capstar Special Purpose Acquisition: Ovid Therapeutics Inc. (4.78%), uniQure (5.90%), Acrivon Therapeutics, Inc. (4.98%), Conduit Pharmaceuticals Inc. (0.40%), Immutep Limited (1.66%), Aldeyra Therapeutics, Inc (4.17%), Foghorn Therapeutics Inc. (6.31%), G1 Therapeutics, Inc. (4.63%), Generation Bio Co. (3.26%), AC Immune SA (0.89%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($9.39 billion), Advanced Micro Devices, Inc. ($9.08 billion), Charter Communications, Inc. ($7.16 billion), Palo Alto Networks, Inc. ($4.05 billion), Lucid Group, Inc. ($3.43 billion), Wayfair Inc. ($3.11 billion), Rivian Automotive, Inc. ($3.05 billion), Datadog, Inc. ($2.76 billion), Zscaler, Inc. ($2.55 billion), and Etsy, Inc. ($1.99 billion). View all of the most shorted stocks.

Short selling CPSR is an investing strategy that aims to generate trading profit from Capstar Special Purpose 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 Capstar Special Purpose 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 CPSR, 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 CPSR, twice per month. The most recent reporting period available is December, 31 2021.