Broad Capital Acquisition (BRACU) Short Interest Ratio & Short Volume

Short interest is the volume of Broad Capital Acquisition shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 100 shares of BRACU short. Learn More on Broad Capital 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. BRACU shares currently have a short interest ratio of 1.0. Learn More on Broad Capital Acquisition's short interest ratio.

Broad Capital Acquisition currently has issued a total of 0 shares. Some of Broad Capital 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. Broad Capital Acquisition currently has a public float of 2,990,900 shares.

Here is how the short interest of companies in the industry of "trading" compare to Broad Capital 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. ($4.45 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 BRACU is an investing strategy that aims to generate trading profit from Broad Capital 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 Broad Capital 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 BRACU, 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 BRACU, twice per month. The most recent reporting period available is July, 31 2024.