Rice Acquisition Corp. II (RONI) Short Interest Ratio & Short Volume

Short interest is the volume of Rice Acquisition Corp. II shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 10,400 shares of RONI short. 0.03% of Rice Acquisition Corp. II's shares are currently sold short. Learn More on Rice Acquisition Corp. II'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. 0.03% of Rice Acquisition Corp. II's floating shares are currently sold short.

Rice Acquisition Corp. II saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 10,400 shares, a drop of 46.7% from the previous total of 19,500 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.

Rice Acquisition Corp. II currently has issued a total of 120,753,000 shares. Some of Rice Acquisition Corp. II'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. Rice Acquisition Corp. II currently has a public float of 34,400,000 shares.

0.03% of Rice Acquisition Corp. II's shares are currently sold short. Here is how the short interest of companies in the sector of "financial services" compare to Rice Acquisition Corp. II: FS Credit Opportunities Corp. (0.01%), Abrdn Healthcare Investors (0.05%), Oxford Lane Capital Corp. (1.02%), John Hancock Financial Opportunities Fund (0.04%), Highest Performances Holdings Inc. (0.01%), Pacific Premier Bancorp, Inc. (1.73%), American National Bankshares Inc. (0.57%), CapStar Financial Holdings, Inc. (1.69%), Texas Capital Bancshares, Inc. (5.15%), Grupo Aval Acciones y Valores S.A. (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling RONI is an investing strategy that aims to generate trading profit from Rice Acquisition Corp. II as its price is falling. RONI shares are trading up $0.01 today. 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 Rice Acquisition Corp. II occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of RONI, 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 RONI, twice per month. The most recent reporting period available is May, 15 2023.