CC Neuberger Principal Holdings III (PRPC) Short Interest Ratio & Short Volume

Short interest is the volume of CC Neuberger Principal Holdings III shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 700 shares of PRPC short. 0.02% of CC Neuberger Principal Holdings III's shares are currently sold short. Learn More on CC Neuberger Principal Holdings 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. 0.02% of CC Neuberger Principal Holdings III's floating shares are currently sold short.

CC Neuberger Principal Holdings III saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 700 shares, an increase of 40.0% from the previous total of 500 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.

CC Neuberger Principal Holdings III currently has issued a total of 19,600,000 shares. Some of CC Neuberger Principal Holdings 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. CC Neuberger Principal Holdings III currently has a public float of 4,540,000 shares.

0.02% of CC Neuberger Principal Holdings III's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to CC Neuberger Principal Holdings III: Ares Acquisition Co. II (1.27%), CION Investment Co. (1.08%), Nabors Energy Transition Corp. II (0.17%), Marblegate Acquisition Corp. (0.49%), Inflection Point Acquisition Corp. II (0.56%), Sound Point Meridian Capital, Inc. (0.04%), Codere Online Luxembourg, S.A. (2.48%), Cartesian Growth Co. II (0.02%), Keen Vision Acquisition Co. (0.01%), Spark I Acquisition Co. (0.03%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.82 billion), T-Mobile US, Inc. ($3.69 billion), Occidental Petroleum Co. ($2.90 billion), TC Energy Co. ($2.74 billion), Tractor Supply ($2.28 billion), Rivian Automotive, Inc. ($1.92 billion), Moderna, Inc. ($1.77 billion), Celsius Holdings, Inc. ($1.72 billion), Coinbase Global, Inc. ($1.66 billion), and Royal Caribbean Cruises Ltd. ($1.65 billion). View all of the most shorted stocks.

Short selling PRPC is an investing strategy that aims to generate trading profit from CC Neuberger Principal Holdings 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 CC Neuberger Principal Holdings 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 PRPC, 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 PRPC, twice per month. The most recent reporting period available is October, 15 2023.