Highland Transcend Partners I (HTPA) Short Interest Ratio & Short Volume

Short interest is the volume of Highland Transcend Partners I shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 14,300 shares of HTPA short. 0.05% of Highland Transcend Partners I's shares are currently sold short. Learn More on Highland Transcend Partners 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. 0.05% of Highland Transcend Partners I's floating shares are currently sold short.

Highland Transcend Partners I saw a increase in short interest in November. As of November 15th, there was short interest totaling 14,300 shares, an increase of 20.2% from the previous total of 11,900 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.

Highland Transcend Partners I currently has issued a total of 37,500,000 shares. Some of Highland Transcend Partners 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. Highland Transcend Partners I currently has a public float of 29,000,000 shares.

0.05% of Highland Transcend Partners I's shares are currently sold short. Here is how the short interest of companies compare to Highland Transcend Partners I: MYT Netherlands Parent B.V. (0.75%), Betterware de México, S.A.P.I. de C.V. (0.59%), Onion Global Limited (0.00%), Groupon, Inc. (41.47%), Cracker Barrel Old Country Store, Inc. (25.33%), Winmark Corporation (20.33%), Arhaus, Inc. (11.89%), Ingles Markets, Incorporated (5.16%), Super Hi International Holding Ltd. Unsponsored ADR (0.01%), Canada Goose Holdings Inc. (19.55%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc ($4.34 billion), Occidental Petroleum Corporation ($4.15 billion), T. Rowe Price Group, Inc. ($2.41 billion), Diamondback Energy, Inc. ($2.05 billion), Coinbase Global, Inc. ($1.75 billion), Lucid Group, Inc. ($1.66 billion), Pacific Gas & Electric Co. ($1.62 billion), Rivian Automotive, Inc. ($1.62 billion), Etsy, Inc. ($1.61 billion), and Old Dominion Freight Line, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling HTPA is an investing strategy that aims to generate trading profit from Highland Transcend Partners 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 Highland Transcend Partners 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 HTPA, 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 HTPA, twice per month. The most recent reporting period available is November, 15 2022.