Fortune Rise Acquisition (FRLA) Short Interest Ratio & Short Volume

Short interest is the volume of Fortune Rise Acquisition shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 1,900 shares of FRLA short. 0.06% of Fortune Rise Acquisition's shares are currently sold short. Learn More on Fortune Rise Acquisition'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. 0.06% of Fortune Rise Acquisition's floating shares are currently sold short.

Fortune Rise Acquisition saw a decrease in short interest in October. As of October 31st, there was short interest totaling 1,900 shares, a decrease of 82.9% from the previous total of 11,100 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.

Fortune Rise Acquisition currently has issued a total of 3,952,000 shares. Some of Fortune Rise 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. Fortune Rise Acquisition currently has a public float of 3,310,000 shares.

0.06% of Fortune Rise Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "trading" compare to Fortune Rise Acquisition: Burtech Acquisition Corp. (0.27%), SK Growth Opportunities Co. (0.02%), Spark I Acquisition Co. (0.03%), The Joint Corp. (3.19%), Granite Point Mortgage Trust Inc. (1.94%), Mountain & Co. I Acquisition Corp. (0.00%), Hennessy Capital Investment Corp. VI (0.02%), Battery Future Acquisition Corp. (0.01%), Modiv Industrial, Inc. (0.22%), Digital Turbine, Inc. (6.56%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling FRLA is an investing strategy that aims to generate trading profit from Fortune Rise Acquisition as its price is falling. FRLA shares are trading up $0.10 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 Fortune Rise 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 FRLA, 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 FRLA, twice per month. The most recent reporting period available is October, 31 2024.