ST Energy Transition I (STET) Short Interest Ratio & Short Volume

Short interest is the volume of ST Energy Transition I shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 1,400 shares of STET short. Learn More on ST Energy Transition I's current short interest.

ST Energy Transition I saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,400 shares, an increase of 55.6% from the previous total of 900 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.

ST Energy Transition I currently has issued a total of 30,190,000 shares. Some of ST Energy Transition I'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. ST Energy Transition I currently has a public float of 28,340,000 shares.

Here is how the short interest of companies in the sector of "financial services" compare to ST Energy Transition I: Investcorp Europe Acquisition Corp I (0.10%), Gores Holdings IX, Inc. (0.02%), Mountain & Co. I Acquisition Corp. (0.00%), Hennessy Capital Investment Corp. VI (0.01%), EVe Mobility Acquisition Corp (0.01%), Flame Acquisition Corp. (0.27%), Landcadia Holdings IV, Inc. (0.02%), TLGY Acquisition Co. (0.03%), PowerUp Acquisition Corp. (0.09%), Direct Selling Acquisition Corp. (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 STET is an investing strategy that aims to generate trading profit from ST Energy Transition I as its price is falling. STET 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 ST Energy Transition I 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 STET, 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 STET, twice per month. The most recent reporting period available is May, 15 2023.