Cactus Acquisition Corp. 1 (CCTS) Short Interest Ratio & Short Volume

Short interest is the volume of Cactus Acquisition Corp. 1 shares that have been sold short but have not yet been closed out or covered. As of June 15th, investors have sold 500 shares of CCTS short. 0.02% of Cactus Acquisition Corp. 1's shares are currently sold short. Learn More on Cactus Acquisition Corp. 1's current short interest.

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. 0.02% of Cactus Acquisition Corp. 1's floating shares are currently sold short.

Cactus Acquisition Corp. 1 saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 500 shares, a decrease of 85.3% from the previous total of 3,400 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.

Cactus Acquisition Corp. 1 currently has issued a total of 5,070,000 shares. Some of Cactus Acquisition Corp. 1'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. Cactus Acquisition Corp. 1 currently has a public float of 2,440,000 shares.

0.02% of Cactus Acquisition Corp. 1's shares are currently sold short. Here is how the short interest of companies in the industry of "trading" compare to Cactus Acquisition Corp. 1: Silvercrest Asset Management Group Inc. (0.31%), Cartesian Growth Co. II (0.00%), Alpine Income Property Trust, Inc. (1.10%), Transcontinental Realty Investors, Inc. (0.43%), Industrial Logistics Properties Trust (2.10%), City Office REIT, Inc. (0.70%), Orion Office REIT Inc. (0.89%), Investcorp Europe Acquisition Corp I (0.02%), Helix Acquisition Corp. II (0.03%), San Juan Basin Royalty Trust (1.57%),

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 CCTS is an investing strategy that aims to generate trading profit from Cactus Acquisition Corp. 1 as its price is falling. CCTS shares are trading up $1.44 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 Cactus Acquisition Corp. 1 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 CCTS, 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 CCTS, twice per month. The most recent reporting period available is June, 15 2024.