Northern Star Investment Corp. III (NSTC) Short Interest Ratio & Short Volume

Short interest is the volume of Northern Star Investment Corp. III shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 3,000 shares of NSTC short. 0.26% of Northern Star Investment Corp. III's shares are currently sold short. Learn More on Northern Star Investment Corp. III'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. 0.26% of Northern Star Investment Corp. III's floating shares are currently sold short.

Northern Star Investment Corp. III saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,000 shares, a decrease of 25.0% from the previous total of 4,000 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.

Northern Star Investment Corp. III currently has issued a total of 14,000,000 shares. Some of Northern Star Investment Corp. III'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. Northern Star Investment Corp. III currently has a public float of 1,170,000 shares.

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.69 billion), Canadian Natural Resources Limited ($3.67 billion), T-Mobile US, Inc. ($3.56 billion), Suncor Energy Inc. ($3.20 billion), Occidental Petroleum Corporation ($3.19 billion), Celsius Holdings Inc. ($2.09 billion), Tractor Supply Company ($2.08 billion), Moderna, Inc. ($2.04 billion), Royal Caribbean Cruises Ltd. ($2.00 billion), and Rivian Automotive, Inc. ($1.96 billion). View all of the most shorted stocks.

Short selling NSTC is an investing strategy that aims to generate trading profit from Northern Star Investment 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 Northern Star Investment 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 NSTC, 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 NSTC, twice per month. The most recent reporting period available is August, 31 2023.