Sports Entertainment Acquisition (SEAH) Short Interest Ratio & Short Volume

Short interest is the volume of Sports Entertainment Acquisition shares that have been sold short but have not yet been covered or closed out. As of January 15th, investors have sold 923,300 shares of SEAH short. 2.06% of Sports Entertainment Acquisition's shares are currently sold short. Learn More on Sports Entertainment Acquisition'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. 2.06% of Sports Entertainment Acquisition's floating shares are currently sold short.

Sports Entertainment Acquisition saw a decrease in short interest in January. As of January 15th, there was short interest totaling 923,300 shares, a decrease of 14.5% from the previous total of 1,080,000 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.

Sports Entertainment Acquisition currently has issued a total of 56,250,000 shares. Some of Sports Entertainment Acquisition'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. Sports Entertainment Acquisition currently has a public float of 44,770,000 shares.

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($8.74 billion), S&P Global Inc. ($7.90 billion), Charter Communications, Inc. ($5.88 billion), Lucid Group, Inc. ($3.75 billion), Palo Alto Networks, Inc. ($3.44 billion), Wayfair Inc. ($2.88 billion), Rivian Automotive, Inc. ($2.60 billion), Zscaler, Inc. ($1.86 billion), Match Group, Inc. ($1.79 billion), and Carnival Co. & plc ($1.72 billion). View all of the most shorted stocks.

Short selling SEAH is an investing strategy that aims to generate trading profit from Sports Entertainment Acquisition 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 Sports Entertainment Acquisition 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 SEAH, 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 SEAH, twice per month. The most recent reporting period available is January, 15 2022.