Alpha Star Acquisition (ALSAW) Short Interest Ratio & Short Volume

Short interest is the volume of Alpha Star Acquisition shares that have been sold short but have not yet been closed out or covered. As of September 30th, investors have sold 62,300 shares of ALSAW short. Learn More on Alpha Star Acquisition'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. ALSAW shares currently have a short interest ratio of 8.0. Learn More on Alpha Star Acquisition's short interest ratio.

Alpha Star Acquisition saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 62,300 shares, an increase of 7.4% from the previous total of 58,000 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.

Here is how the short interest of companies in the industry of "trading" compare to Alpha Star Acquisition: 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. ($4.04 billion), AppLovin Co. ($2.69 billion), Nu Holdings Ltd. ($2.64 billion), Paychex, Inc. ($2.61 billion), Cencora, Inc. ($2.30 billion), Aptiv PLC ($2.09 billion), Moderna, Inc. ($2.09 billion), Tractor Supply ($2.04 billion), Coinbase Global, Inc. ($1.97 billion), and International Paper ($1.95 billion). View all of the most shorted stocks.

Short selling ALSAW is an investing strategy that aims to generate trading profit from Alpha Star 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 Alpha Star 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 ALSAW, 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 ALSAW, twice per month. The most recent reporting period available is September, 30 2024.