GigCapital5 (GIA) Short Interest Ratio & Short Volume

Short interest is the volume of GigCapital5 shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 11,400 shares of GIA short. 0.31% of GigCapital5's shares are currently sold short. Learn More on GigCapital5'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. 0.31% of GigCapital5's floating shares are currently sold short.

GigCapital5 saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 11,400 shares, an increase of 46.2% from the previous total of 7,800 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.

GigCapital5 currently has issued a total of 8,660,000 shares. Some of GigCapital5'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. GigCapital5 currently has a public float of 3,720,000 shares.

0.31% of GigCapital5's shares are currently sold short. Here is how the short interest of companies compare to GigCapital5: Nexalin Technology, Inc. (2.16%), QT Imaging Holdings, Inc. (1.89%), IRIDEX Co. (2.22%), Star Equity Holdings, Inc. (0.83%), Movano Inc. (1.13%), Nuwellis, Inc. (1.82%), ENDRA Life Sciences Inc. (7.95%), Tivic Health Systems, Inc. (8.64%), Helius Medical Technologies, Inc. (0.49%), Cutera, Inc. (19.35%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling GIA is an investing strategy that aims to generate trading profit from GigCapital5 as its price is falling. GIA shares are trading down $0.06 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 GigCapital5 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 GIA, 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 GIA, twice per month. The most recent reporting period available is March, 15 2023.