Cerberus Telecom Acquisition (CTAC) Short Interest Ratio & Short Volume

Short interest is the volume of Cerberus Telecom Acquisition shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 105,500 shares of CTAC short. 0.47% of Cerberus Telecom Acquisition's shares are currently sold short. Learn More on Cerberus Telecom 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. 0.47% of Cerberus Telecom Acquisition's floating shares are currently sold short.

Cerberus Telecom Acquisition saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 105,500 shares, an increase of 3.4% from the previous total of 102,000 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.

Cerberus Telecom Acquisition currently has issued a total of 33,370,000 shares. Some of Cerberus Telecom 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. Cerberus Telecom Acquisition currently has a public float of 22,310,000 shares.

0.47% of Cerberus Telecom Acquisition's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Cerberus Telecom Acquisition: Rimini Street, Inc. (8.68%), Slam Corp. (0.02%), TrueCar, Inc. (0.98%), Canaan Inc. (11.51%), Arteris, Inc. (1.00%), Red Violet, Inc. (6.77%), NaaS Technology Inc. (1.66%), Turtle Beach Co. (6.23%), Stem, Inc. (25.63%), Valens Semiconductor Ltd. (0.34%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.12 billion), S&P Global Inc. ($7.79 billion), Advanced Micro Devices, Inc. ($6.62 billion), Charter Communications, Inc. ($6.07 billion), Wayfair Inc. ($4.53 billion), Zoom Video Communications, Inc. ($3.45 billion), Uber Technologies, Inc. ($3.08 billion), Canadian Pacific Kansas City Limited ($2.97 billion), Palo Alto Networks, Inc. ($2.74 billion), and MongoDB, Inc. ($2.61 billion). View all of the most shorted stocks.

Short selling CTAC is an investing strategy that aims to generate trading profit from Cerberus Telecom 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 Cerberus Telecom 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 CTAC, 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 CTAC, twice per month. The most recent reporting period available is September, 15 2021.