Burtech Acquisition (BRKHU) Short Interest Ratio & Short Volume

Short interest is the volume of Burtech Acquisition shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 100 shares of BRKHU short. Learn More on Burtech 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. BRKHU shares currently have a short interest ratio of 1.0. Learn More on Burtech Acquisition's short interest ratio.

Burtech Acquisition currently has issued a total of 0 shares. Some of Burtech 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. Burtech Acquisition currently has a public float of 30,079,500 shares.

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

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($6.15 billion), Charter Communications, Inc. ($4.04 billion), Paychex, Inc. ($2.77 billion), Nu Holdings Ltd. ($2.71 billion), Cencora, Inc. ($2.34 billion), Aptiv PLC ($2.18 billion), Tractor Supply ($2.07 billion), International Paper ($2.01 billion), AppLovin Co. ($1.95 billion), and Moderna, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling BRKHU is an investing strategy that aims to generate trading profit from Burtech Acquisition as its price is falling. BRKHU shares are trading up $10.95 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 Burtech 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 BRKHU, 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 BRKHU, twice per month. The most recent reporting period available is September, 15 2024.