G Squared Ascend I (GSQD) Short Interest Ratio & Short Volume

Short interest is the volume of G Squared Ascend I shares that have been sold short but have not yet been covered or closed out. As of January 15th, traders have sold 60,000 shares of GSQD short. 0.18% of G Squared Ascend I's shares are currently sold short. Learn More on G Squared Ascend I'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. 0.18% of G Squared Ascend I's floating shares are currently sold short.

G Squared Ascend I saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 60,000 shares, an increase of 2.0% from the previous total of 58,800 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.

G Squared Ascend I currently has issued a total of 41,220,000 shares. Some of G Squared Ascend I'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. G Squared Ascend I currently has a public float of 32,750,000 shares.

0.18% of G Squared Ascend I's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to G Squared Ascend I: Nabors Energy Transition Corp. II (0.02%), L Catterton Asia Acquisition Corp (0.20%), Rigel Resource Acquisition Corp. (0.00%), Power & Digital Infrastructure Acquisition II Corp. (2.56%), Inflection Point Acquisition Corp. II (0.02%), Investcorp Europe Acquisition Corp I (0.10%), TortoiseEcofin Acquisition Corp. III (0.03%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Sagaliam Acquisition Corp. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling GSQD is an investing strategy that aims to generate trading profit from G Squared Ascend I 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 G Squared Ascend I 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 GSQD, 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 GSQD, twice per month. The most recent reporting period available is January, 15 2023.