Spree Acquisition Corp. 1 (SHAP) Short Interest Ratio & Short Volume

Short interest is the volume of Spree Acquisition Corp. 1 shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 2,400 shares of SHAP short. 0.09% of Spree Acquisition Corp. 1's shares are currently sold short. Learn More on Spree Acquisition Corp. 1'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. 0.09% of Spree Acquisition Corp. 1's floating shares are currently sold short.

Spree Acquisition Corp. 1 saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 2,400 shares, an increase of 242.9% from the previous total of 700 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.

Spree Acquisition Corp. 1 currently has issued a total of 25,946,000 shares. Some of Spree Acquisition Corp. 1'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. Spree Acquisition Corp. 1 currently has a public float of 2,670,000 shares.

0.09% of Spree Acquisition Corp. 1's shares are currently sold short. Here is how the short interest of companies in the industry of "business services" compare to Spree Acquisition Corp. 1: Fiverr International Ltd. (11.41%), NeoGenomics, Inc. (3.93%), Radware Ltd. (1.52%), Custom Truck One Source, Inc. (7.99%), Emerald Holding, Inc. (9.59%), Paysafe Limited (4.98%), i3 Verticals, Inc. (9.01%), Uxin Limited (0.14%), NerdWallet, Inc. (7.36%), Yext, Inc. (1.78%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

Short selling SHAP is an investing strategy that aims to generate trading profit from Spree Acquisition Corp. 1 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 Spree Acquisition Corp. 1 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 SHAP, 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 SHAP, twice per month. The most recent reporting period available is January, 31 2024.