Haymaker Acquisition Corp. III (HYAC) Short Interest Ratio & Short Volume

Short interest is the volume of Haymaker Acquisition Corp. III shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 346,100 shares of HYAC short. Learn More on Haymaker Acquisition Corp. III'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. HYAC shares currently have a short interest ratio of 4.0. Learn More on Haymaker Acquisition Corp. III's short interest ratio.

Haymaker Acquisition Corp. III saw a increase in short interest in May. As of May 15th, there was short interest totaling 346,100 shares, an increase of 2,691.1% from the previous total of 12,400 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.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Haymaker Acquisition Corp. III: Kayne Anderson BDC, Inc. (0.24%), Bain Capital Specialty Finance, Inc. (0.43%), Trinity Capital Inc. (1.80%), Ares Acquisition Co. II (0.16%), CION Investment Co. (1.09%), Nabors Energy Transition Corp. II (0.18%), Marblegate Acquisition Corp. (0.49%), Sound Point Meridian Capital, Inc. (0.04%), Codere Online Luxembourg, S.A. (2.42%), Inflection Point Acquisition Corp. II (0.56%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.79 billion), Palo Alto Networks, Inc. ($3.41 billion), Lucid Group, Inc. ($2.55 billion), Uber Technologies, Inc. ($2.21 billion), HP Inc. ($2.14 billion), T. Rowe Price Group, Inc. ($1.81 billion), Coinbase Global, Inc. ($1.60 billion), Take-Two Interactive Software, Inc. ($1.58 billion), Lumen Technologies, Inc. ($1.56 billion), and Rivian Automotive, Inc. ($1.55 billion). View all of the most shorted stocks.

Short selling HYAC is an investing strategy that aims to generate trading profit from Haymaker Acquisition Corp. III 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 Haymaker Acquisition Corp. III 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 HYAC, 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 HYAC, twice per month. The most recent reporting period available is May, 15 2022.