Trine II Acquisition (TRAQ) Short Interest Ratio & Short Volume

Short interest is the volume of Trine II Acquisition shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 700 shares of TRAQ short. Learn More on Trine II Acquisition's current short interest.

Trine II Acquisition saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 700 shares, a decrease of 96.8% from the previous total of 21,900 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.

Trine II Acquisition currently has issued a total of 51,750,000 shares. Some of Trine II 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. Trine II Acquisition currently has a public float of 40,650,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Trine II Acquisition: Ares Acquisition Co. II (0.03%), Rigel Resource Acquisition Corp. (0.00%), Pearl Holdings Acquisition Corp (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.09%), Cartesian Growth Co. II (0.04%), Investcorp Europe Acquisition Corp I (0.09%), CONX Corp. (0.49%), Enphys Acquisition Corp. (0.00%), Gores Holdings IX, Inc. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.69 billion), Occidental Petroleum Co. ($3.22 billion), Coinbase Global, Inc. ($2.54 billion), T. Rowe Price Group, Inc. ($2.33 billion), Paramount Global ($2.10 billion), Verisk Analytics, Inc. ($2.03 billion), Etsy, Inc. ($1.67 billion), Old Dominion Freight Line, Inc. ($1.62 billion), CarMax, Inc. ($1.60 billion), and Extra Space Storage Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling TRAQ is an investing strategy that aims to generate trading profit from Trine II Acquisition as its price is falling. TRAQ shares are trading up $0.03 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 Trine II Acquisition 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 TRAQ, 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 TRAQ, twice per month. The most recent reporting period available is April, 15 2023.