Blue World Acquisition (BWAQ) Short Interest Ratio & Short Volume

Short interest is the volume of Blue World Acquisition shares that have been sold short but have not yet been closed out or covered. As of June 15th, investors have sold 46,500 shares of BWAQ short. 1.31% of Blue World Acquisition's shares are currently sold short. Learn More on Blue World 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. BWAQ shares currently have a short interest ratio of 1.0. Learn More on Blue World Acquisition's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 1.31% of Blue World Acquisition's floating shares are currently sold short.

Blue World Acquisition saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 46,500 shares, an increase of 384.4% from the previous total of 9,600 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.

Blue World Acquisition currently has issued a total of 5,540,000 shares. Some of Blue World 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. Blue World Acquisition currently has a public float of 3,560,000 shares.

1.31% of Blue World Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "trading" compare to Blue World Acquisition: Cartica Acquisition Corp (0.18%), DT Cloud Acquisition Co. (0.11%), Investcorp India Acquisition Corp (0.11%), Black Hawk Acquisition Co. (0.05%), Iron Horse Acquisitions Corp. (0.15%), Perceptive Capital Solutions Corp (0.00%), Onyx Acquisition Co. I (0.33%), Horizon Space Acquisition I Corp. (0.98%), byNordic Acquisition Co. (0.31%), Perception Capital Corp. III (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling BWAQ is an investing strategy that aims to generate trading profit from Blue World Acquisition as its price is falling. BWAQ shares are trading down $4.46 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 Blue World 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 BWAQ, 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 BWAQ, twice per month. The most recent reporting period available is June, 15 2024.