Armada Acquisition Corp. I (AACIW) Short Interest Ratio & Short Volume

Short interest is the volume of Armada Acquisition Corp. I shares that have been sold short but have not yet been closed out or covered. As of July 31st, investors have sold 52,200 shares of AACIW short. Learn More on Armada Acquisition Corp. I's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. AACIW shares currently have a short interest ratio of 2.0. Learn More on Armada Acquisition Corp. I's short interest ratio.

Armada Acquisition Corp. I saw a decline in short interest in July. As of July 31st, there was short interest totaling 52,200 shares, a decline of 20.1% from the previous total of 65,300 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.

Here is how the short interest of companies in the industry of "trading" compare to Armada Acquisition Corp. I: Black Hawk Acquisition Co. (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling AACIW is an investing strategy that aims to generate trading profit from Armada Acquisition Corp. I as its price is falling. AACIW shares are trading up $0.02 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 Armada Acquisition Corp. I 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 AACIW, 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 AACIW, twice per month. The most recent reporting period available is July, 31 2024.